Meesho IPO: 79x Subscribed, Allotment Tomorrow; GMP Hints at Strong Listing

• Meesho IPO subscribed 79.03 times; allotment expected December 8.
• Listing scheduled for December 10 on BSE and NSE, with a price band of Rs 105-111.
• Grey Market Premium (GMP) indicates a strong listing, trading at Rs 153 against the upper IPO price of Rs 111.
• Investors can check allotment status on Kfin Technologies' portal or the official BSE website.
• The Rs 5,421 crore IPO funds will be used for cloud infrastructure, marketing, acquisitions, and general corporate purposes.

Why It Matters: High Meesho IPO subscription signals strong market interest and potential gains.