Meesho’s ₹5,421-crore IPO was subscribed 79.02 times on the final day, receiving over 21.96 billion bids against 2.78 crore shares on offer. QIBs subscribed 120.18 times, NIIs 38.15 times and RIIs 19.04 times. The firm aims to invest proceeds in cloud infrastructure, marketing and inorganic growth.
Meesho IPO subscribed 79 times on final day, QIB book 120 times