Meesho has completed the allotment for its IPO, which attracted strong investor interest. The issue was subscribed nearly 79 times, showing heavy demand from retail and institutional investors.
In the grey market, the stock was trading at a premium of around ₹40–₹45 per share over the issue price of ₹111, indicating an expected listing price of around ₹150–₹155.
Refunds for non-allottees began from 9 December, while shares were credited to demat accounts the same day. The stock is scheduled to list on the exchanges on 10 December, as Meesho targets growth in tech and logistics.