Ahmedabad, Dec. 1 -- E-commerce platform Meesho is set to tap initial public offering (IPO) with its subscription starting Wednesday. The price band of the IPO offer has been fixed at a range of Rs 105 to Rs 111 per share.
The Anchor Investor Bidding Date would be one working day prior to bid/offer opening date - Tuesday.
The three-day bid/offer will close on Friday. Bids can be made for a minimum of 135 equity shares, and in multiples of similar number of shares thereafter.
The IPO offer comprises a fresh issue of equity shares aggregating up to Rs 42,500 million and an Offer for Sale of up to 105,513,839 equity shares by certain existing shareholders.
Notably, not more than 15 per cent of the shares on offer shall be available for a...
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