Meesho IPO Allotment Date: The initial public offering (IPO) of e-commerce company Meesho received a strong response from investors, with the issue subscribed 79 times. The Rs 5,421.20 crore IPO included a fresh issue of about 38.29 crore shares worth Rs 4,250 crore and an offer for sale (OFS) of 10.55 crore shares.
The price band was Rs 105–Rs 111 per share. The IPO opened on Wednesday, December 3, and closed on Friday, December 5.
Meesho IPO Allotment Date
The share allotment is expected to be finalised today (Monday), December 8. Shares will be credited to demat accounts on Tuesday, December 9, and Meesho is likely to list on the BSE and NSE on Wednesday, December 10.
Strong demand across investor categories
As per exchange data, the IPO received bids for 21,96,67,00,770 shares against 27,79,38,446 shares on offer, translating into 79.03 times subscription.
The qualified institutional buyers’ portion was subscribed 120.18 times. Bids were placed for 18,07,17,42,600 shares, against 15,03,69,511 shares reserved for the category. The non-institutional investors’ portion saw 38.16 times subscription, with bids for 2,92,11,08,400 shares, compared with 7,65,41,361 shares on offer. The retail segment was subscribed 19.08 times, receiving bids for 97,38,49,770 shares, against 5,10,27,574 shares available.
KFin Technologies Limited is the registrar for the issue.
How to check Meesho IPO allotment status
Investors can check their allotment status online through the registrar’s website, or on the BSE and NSE portals.
On the registrar’s website (KFin Technologies)
Step 1: Visit the KFin Technologies IPO status webpage {DIRECT LINK: https://ipostatus.kfintech.com/}
Step 2: Select ‘Meesho IPO’ from the dropdown.
Step 3: Choose Application No., Demat Account, or PAN, and enter the details.
Step 4: Click Submit.
Your allotment status will appear on the screen.
Your allotment status will be displayed.
Your allotment status will appear.
