Meesho IPO subscribed 79 times on final day

• Meesho's IPO was subscribed 79.02 times on its final day of bidding.
• The Rs 5,421-crore Initial Public Offer saw strong demand across all investor categories.
• Qualified Institutional Buyers (QIBs) subscribed 120.18 times, Non-Institutional Investors (NIIs) 38.15 times, and Retail Individual Investors (RIIs) 19.04 times.
• The e-commerce firm garnered over Rs 2,439 crore from anchor investors prior to the IPO.
• Proceeds will be used for cloud infrastructure, marketing, inorganic growth, and general corporate purposes.

Why It Matters: Meesho's IPO success shows strong investor confidence in the e-commerce market.