Meesho shares trade at 32% premium in grey market ahead of IPO
Meesho's shares are trading at ₹146 in the grey market, around 32% higher than the upper end of the official price band. The e-commerce platform will launch its ₹5,421-crore initial public offering on December 3, with a price band of ₹105-111 per share. The IPO includes a fresh issue worth ₹4,250 crore and an offer-for-sale of 10.55 crore shares.