IPO News Live: Meesho Offer Subscribed 300% On Day Two, GMP Indicates Over 41% Gains
All three IPOs were fully subscribed on the first day. Check the latest subscription figures and the GMP here.
Aequs IPO Live: Offer Subscribed 5.30 Times On Day 2
While Meesho has been subscribed only 300%, the Aequs IPO was subscribed 5.03 times as of 11:03 a.m. on Thursday.
Qualified institutional buyers (QIB): 0.67 times.
Non-Institutional investors (NII): 6.34 times.
Retail investors: 17.26 times.
Employee reserved: 9.08 times.
Meesho IPO Live: Offer Subscribed 3.02 Times On Day 2
The Meesho IPO was subscribed 3.02 times as of 11:03 a.m. on Thursday.
Qualified institutional buyers (QIB): 2.13 times.
Non-Institutional investors (NII): 3.23 times.
Retail investors: 5.34 times.
Meesho IPO Live: Offer Subscribed 2.89 Times On Day 2
The Meesho IPO was subscribed 2.89 times on Thursday.
Qualified institutional buyers (QIB): 2.13 times.
Non-Institutional investors (NII): 2.94 times.
Retail investors: 5.04 times.
Meesho GMP Live: GMP Indicates Over 41% Gains
The latest grey market premium (GMP) for the Meesho IPO stood at Rs 45 per share. Compared to the upper end of the price band of Rs 111, the latest GMP indicates an estimated listing price of Rs 156 apiece. Shares of Meesho are expected to list at a 40.54% premium over the issue price.
Meesho IPO: Subscribed 2.35 Times On Day 1
Good morning. As the Meesho IPO opens for subscription for the second day lets take a recap. The Meesho IPO was subscribed 2.35 times as of 7:00 p.m. on Wednesday.
Qualified institutional buyers (QIB): 2.12 times.
Non-Institutional investors (NII): 1.8 times.
Retail investors: 3.86 times.
