Meesho IPO Opens for Subscription: Analysts Advise Long-Term Investors Amid Profitability Focus
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CNBC TV18•03/12/2025
Meesho IPO Opens for Subscription: Analysts Advise Long-Term Investors Amid Profitability Focus
- •Meesho's ₹5,421.2 crore IPO opens for subscription from December 3 to December 5.
- •Anchor investors have already subscribed to ₹2,439.5 crore worth of shares at ₹111 each.
- •Brokerages like Angel One and SBI Securities recommend subscribing for long-term investment.
- •The price band is set at ₹105-₹111 per share, with retail investors needing a minimum investment of ₹14,985.
- •Meesho's shares are trading at a premium of up to 47% in the grey market.
Why it matters: Meesho IPO's success could reshape India's ecommerce landscape and attract more global investment.
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