India, Dec. 5 -- Update | December 05, 23:56 IST

Meesho's IPO closed today with a healthy investor interest. The ecommerce major's public offering was oversubscribed 79.03X, receiving bids for 2,196.7 Cr shares against 27.8 Cr shares available for subscription.

Qualified Institutional Buyer (QIB) quota saw the highest oversubscription at 120.18X. These investors placed bids for 18,07.2 Cr shares against 15.04 Cr shares reserved for them.

Non-institutional investors (NIIs) also placed bids for 292 Cr shares against 7.65 Cr shares on offer, translating to 38.16X subscription. Retail investors also placed bids for 97.4 Cr shares against 5.1 Lakh shares reserved for them, translating to an oversubscription of 19.08X.

Original |December 05...