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IPO News Updates: Meesho Offer Subscribed 797% On Day Two, GMP Indicates 40% Gains

IPO News Updates: Meesho Offer Subscribed 797% On Day Two, GMP Indicates 40% Gains
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
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.

Meesho IPO Live: GMP Gains At 40%

Meesho IPO last GMP is rS 44.5, last updated Dec 4 as of 4:01 p.m. With the price band of Rs 111, Meesho IPO's estimated listing price is Rs 155.5.The expected percentage gain per share is 40.09%.

Meesho IPO Live: Offer Subscribed 7.97 Times On Day 2

The Meesho IPO was subscribed 7.97 times as of 5:00 p.m. on Thursday.

  • Qualified institutional buyers (QIB): 6.96 times.

  • Non-Institutional investors (NII): 9.18 times.

  • Retail investors: 9.14 times.

Vidya Wires Live: GMP Gains Over 10%

Vidya Wires IPO last GMP is Rs 5.5, last updated Dec 4 as of 4:02 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%.

Vidya Wires Live: Offer Subscribed 8.26 Times On Day 2

The Vidya Wires IPO was subscribed 8.26 times as of 5:00 p.m. on Thursday.

  • Qualified institutional buyers (QIB): 1.30 times.

  • Non-Institutional investors (NII): 10 times.

  • Retail investors: 11.45 times.

Aequs IPO Live: GMP Gains Over 30%

Aequs IPO last GMP is Rs 41, last updated Dec 4 as of 03:58 p.m. With the price band of Rs 124, Aequs IPO's estimated listing price is Rs 165. The expected percentage of gain per share is 33.06%.

Aequs IPO Live: Offer Subscribed 11.10 Times On Day 2

The Aequs IPO was subscribed 11.10 times as of 5:00 p.m. on Thursday.

  • Qualified institutional buyers (QIB): 0.73 times.

  • Non-Institutional investors (NII): 16.81 times.

  • Retail investors: 32.92 times.

  • Employee Reserved: 15.18 times

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.

Aequs IPO Live: Offer Subscribed 7.27 Times On Day 2

While Meesho has been subscribed only 359%, the Aequs IPO was subscribed 7.27 times as of 12:48 p.m. on Thursday.

  • Qualified institutional buyers (QIB): 0.68 times.

  • Non-Institutional investors (NII): 9.70 times.

  • Retail investors: 22.91 times.

  • Employee reserved: 11.19 times.

Meesho IPO Live: Offer Subscribed 3.59 Times On Day 2

The Meesho IPO was subscribed 3.59 times as of 12:19 p.m. on Thursday.

  • Qualified institutional buyers (QIB): 2.13 times.

  • Non-Institutional investors (NII): 4.53 times.

  • Retail investors: 6.47 times.

Vidya Wires IPO Live: Offer Subscribed 4.75 Times On Day 2

While Meesho has been subscribed only 475%, the Vidya Wires IPO was subscribed 4.75 times as of 11:36 a.m. on Thursday.

  • Qualified institutional buyers (QIB): 0.48 times.

  • Non-Institutional investors (NII): 5.32 times.

  • Retail investors: 6.92 times.

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.

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