Meesho raises ₹2,439 cr from anchors; book oversubscribed 30 times
IPO-bound Meesho on Tuesday said it has garnered a little over ₹2,439 crore from anchor investors and has allotted 219.78 million shares at ₹111 apiece. The book received bids of over ₹80,000 crore, indicating nearly 30 times oversubscription. The largest allocation went to SBI Mutual Fund. Among global investors, the Government of Singapore was allotted 14.90 million shares.