Meesho IPO Lists: Up to 35% Gains Expected; Analysts Advise on Profit Booking

• Meesho shares are expected to list on NSE and BSE today, December 10, with anticipated gains of up to 35%.
• Grey market indicators suggest a 32-35% premium, while analysts project a 25-30% listing pop.
• The IPO was subscribed 79.02 times, raising Rs 5,421.20 crore through fresh shares and an offer for sale.
• Analysts advise short-term investors to consider booking profits, while those with higher risk appetite may hold for 12-18 months.
• Meesho, an asset-light e-commerce platform, plans to use IPO proceeds for cloud infrastructure, marketing, and inorganic growth.

Why It Matters: Meesho IPO listing forces investors to choose between immediate gains and long-term holding.