Price Band and Valuation Meesho sets its IPO price band at Rs 105-111 per share, valuing the company at nearly Rs 50,096 crore at the upper end.
Issue Size Breakdown The IPO aims to raise Rs 5,421 crore, including a Rs 4,250 crore fresh issue and a sharply reduced OFS of around Rs 1,172 crore
Lot Size and Investor Allocation Minimum bid is 135 shares. Allocation: up to 75% for QIBs, 15% for NIIs, and 10% reserved for retail investors
Important IPO Dates Opens December 3, closes December 5. Allotment on December 8, refunds and demat credit on December 9. Listing expected December 10
Founders’ Significant Gains Co-founder Vidit Aatrey’s stake, acquired at Rs 0.06 per share, is valued at Rs 5,245 crore at the upper price band, reflecting massive wealth creation