Global Stock News

Bumper Debut! Meesho share price lists at solid 46% premium over IPO price

Bumper Debut! Meesho share price lists at solid 46% premium over IPO price

Meesho share price: Shares of Indian e-commerce platform Meesho Limited debuted at a solid 46% premium on the Indian stock market today, December 10, after drawing bumper bids for its initial share sale.

Meesho share price opened at ₹162.50 on the National Stock Exchange (NSE), as against the initial public offering (IPO) price of ₹111 — a premium of 46.40%. Meanwhile, on the BSE, Meesho share price got listed at a solid premium of 45.23% at ₹161.20.

The listing beat expectations as signaled by the latest grey market premium (GMP). Ahead of listing, Meesho IPO GMP today was ₹43, hinting at a listing gain of 38.7%.

Meesho IPO details

SoftBank-backed e-commerce company Meesho saw overwhelming investor interest as its

Source link

Share this article

Scroll to Top