Shares of all three companies are tentatively scheduled to be listed on the NSE and BSE on Dec. 10. (Photo Source: NDTV Profit)
2 months ago
Dec 03, 2025
Thanks for following all the primary market buzz with NDTV Profit! That's a wrap on today's blog, don't forget to catch all the deep-dives, real-time updated and analysts views that we cover in the primary markets space.
Thanks for following all the primary market buzz with NDTV Profit!
That's a wrap on today's blog, don't forget to catch all the deep-dives, real-time updated and analysts views that we cover in the primary markets space.
IPO GMP And Subscription LIVE: Samir Arora Calls For Regulator Intervention On Fairness
India’s red-hot IPO market has been jolted by a rare backlash after several major global investors reportedly pulled out of Meesho Ltd.’s anchor book, prompting Helios Capital founder Samir Arora to call for urgent regulatory intervention to make the process “more fair.”
IPO GMP And Subscription LIVE: Key Risks To The Aequs Issue
Aequs faces key risks from its high leverage and capital-intensive model, heavy dependence on a concentrated Aerospace customer base, long working-capital cycles, and strict certification-driven quality requirements, any disruption across these areas could materially impact cash flows, margins, and operational stability.
Aequs IPO Live Updates: Angel One's Suggestion For Investors
At the upper price band of Rs 124, Aequs is valued at 9.94× P/B as negative earnings make P/E irrelevant. The valuation reflects its integrated aerospace ecosystem, strong asset base and long cycle growth potential and a high barrier to entry business.
However, elevated leverage, continued losses and the fact that a majority of IPO proceeds will go toward debt repayment rather than expansion weigh on near term attractiveness.
Overall, the IPO is best viewed with a long term perspective and is therefore 'Subscribe with Caution' for long term investors.
IPO GMP And Subscription LIVE: Vidya Wires GMP Today
The grey market premium of Vidya Wires is Rs 6, as per data on Investorsgain website. The GMP indicated a listing price of Rs 58 and a listing premium of 11.54%.
Note: GMP does not represent official data and is based on speculation.
The grey market premium of Aequs is Rs 46.5, as per data on Investorsgain website. The GMP indicated a listing price of Rs 170.5 and a listing premium of 37.50%.
Note: GMP does not represent official data and is based on speculation.
IPO GMP And Subscription LIVE: Retail Interest In Meesho
One of the primary reasons for the retail investor interest is the promoters reducing the OFS size by 40%, from 175.6 million shares indicated earlier to 105.5 million shares, worth Rs 1,171 crore. This reduction by early investors like Elevation Capital and Peak XV partners has signalled the promoters’ confidence in the company.
Click here to read on more reasons why retail invest has surged in the Meesho offer.
The grey market premium of Meesho is Rs 46, as per data on Investorsgain website. The GMP indicated a listing price of Rs 157 and a listing premium of 41.44%.
Note: GMP does not represent official data and is based on speculation.
The fresh issue proceeds will be utilised for debt repayment of Rs 433.17-crore, including investments into three wholly owned subsidiaries, for machinery capex of Rs 64-crore, and for funding inorganic growth, strategic initiatives, and general corporate purposes.
Meesho IPO Live Updates: How Will Meesho Use The Proceeds?
The company will use Rs 1,390 crore from the proceeds to invest for cloud infrastructure, in Meesho Technologies Pvt. Ltd its subsidiary, while Rs 480 crore will be used form payment of salaries of existing and replacement hires for the Machine Learning and AI and technology teams. The company will also use Rs 1,020 crore for expenditure towards marketing and brand initiatives in its subsidiary Meesho Technologies.
IPO GMP And Subscription Live: Meesho, Aequs, Vidya Wires Set To Open For Bids Today
Hello, and welcome to NDTV Profit's live coverage of the issues opening for subscription in the primary market today. These include the likes of e-commerce platform Meesho Ltd., aerospace manufacturing firm Aequs Ltd., and winding and conductivity products manufacturer Vidya Wires Ltd.