Meesho IPO Subscribed 81.76x, GMP at 43.24%; Allotment Dec 8

• Meesho IPO received an 81.76x subscription on Day 3, with QIB at 123.34x, NII at 39.85x, and retail at 19.89x.
• The IPO price band was Rs 105-111, with allotment finalized on December 8 and listing on December 10.
• Unlisted shares are trading at Rs 159 apiece in the grey market, indicating a 43.24% premium over the upper IPO price.
• Allotment status can be checked online via Kfin Technologies or BSE websites using application number, demat account, or PAN.
• The Rs 5,421-crore IPO includes a fresh issue of Rs 4,250 crore; proceeds will fund cloud infrastructure, marketing, and acquisitions.

Why It Matters: Meesho IPO's high demand signals strong investor confidence and potential gains.