Meesho IPO Subscribed 79 Times on Final Day; Grey Market Premium at 43%

• Meesho's IPO was subscribed 79 times overall on its final day of bidding.
• Qualified Institutional Buyers (QIBs) portion was subscribed 120.18 times, Non-Institutional Investors (NIIs) 38.14 times, and Retail Individual Investors (RIIs) 19.02 times.
• The Rs 5,421 crore IPO had a price band of Rs 105-111 per share.
• Shares are commanding a Grey Market Premium (GMP) of 43%, indicating a potential listing gain.
• Share allotment is expected by December 8, with listing proposed for December 10.

Why It Matters: High demand for Meesho IPO signals strong investor confidence.