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

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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%.

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 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%.

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 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%.

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 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 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%.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.