Meesho Shares Set to List This Week: What Should Investors Expect?
With Meesho's IPO subscribed a mind-boggling 79 times, it seems the investment world has collectively decided that 'missing out' is a far greater sin than 'exercising caution.' It’s less about valuation fundamentals and more about who can elbow their way to the front of the tech-listing buffet. Prepare for a debut that's either a champagne pop or a stark reminder that even gold rush fever needs a reality check.
This highly anticipated listing follows a colossal Rs 5,421.20 crore IPO, making it one of the year's most closely watched tech offerings. Set to debut on December 10, the book-built issue comprised a fresh issue of 38.29 crore shares alongside an offer for sale of 10.55 crore shares, attracting immense investor interest despite broader market volatilities. All eyes are now on how this e-commerce giant will perform in its initial public outing.
