India, Dec. 11 -- Meesho Ltd. makes a strong debut on the bourses with scrip got listed at Rs 161.20 on the Bombay Stock Exchange, a 45.22 per cent premium to its issue price of Rs 111.00. On the National Stock Exchange, the stock was listed at Rs 162.50.
The company, which raised 48.84 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 4,883.97 lakhs shares.
The company, listed under B Group Securities post its IPO, opened for subscription from Dec 03 to Dec 05.
Following a strong opening, the scrip touched an intraday high of Rs 177.55 and a low of Rs 161.20, before closing the session up by 53.33 per cent to its listing price at Rs 170.20 on the BSE.
The company...