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IPO News Live: Meesho Offer Subscribed 521% 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.

Meesho Vs Vidya Wires Vs Aequs IPO GMP
Shares of all three companies are tentatively scheduled to be listed on the NSE and BSE on Dec. 10.   (Photo Source: NDTV Profit)
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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.
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Aequs IPO Live: GMP Over 30%

Aequs IPO last GMP is Rs 44, last updated Dec 4 as of 02:56 p.m. With the price band of 124.00, Aequs IPO's estimated listing price is Rs 168.

The expected percentage gain per share is 35.48%.


Vidya Wires IPO Live: GMP At 10.58%

Vidya Wires IPO last GMP is Rs 5.5, last updated Dec 4 as pf 02:31 p.m.

With the price band of Rs 52, Vidya Wires IPO's estimated listing price is Rs 57.5.The expected percentage gain per share is 10.58%.


Meesho IPO Live: Offer Subscribed 5.84 Times So Far Day 2

The Meesho IPO was subscribed 5.84 times as of 2:45 p.m. on Thursday.

  • Qualified institutional buyers (QIB): 4.28 times.

  • Non-Institutional investors (NII): 7.36 times.

  • Retail investors: 8.18 times.


Meesho IPO Live: Offer Subscribed 5.21 Times On Day 2

The Meesho IPO was subscribed 5.21 times as of 2:21 p.m. on Thursday.

  • Qualified institutional buyers (QIB): 3.72 times.

  • Non-Institutional investors (NII): 6.42 times.

  • Retail investors: 7.79 times.


Vidya Wires IPO Live: Offer Subscribed 6.17 Times On Day 2

While Meesho has been subscribed only 359%, the Vidya Wires IPO was subscribed 6.17 times as of 1:46 p.m. on Thursday.

  • Qualified institutional buyers (QIB): 0.87 times.

  • Non-Institutional investors (NII): 6.89 times.

  • Retail investors: 8.86 times.










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