India, Dec. 4 -- Ecommerce major Meesho's IPO continued to see steady investor interest and was oversubscribed 5.23X as of 14:18 IST. It received bids for 145.20 Cr shares against 27.79 Cr shares on offer.

Retail investors led the charge, with the portion reserved for them oversubscribed 7.82X. They placed bids for 39.90 Cr shares against 5.1 Cr shares reserved.

Non-institutional investors (NIIs) bid for 49.61 Cr shares against 7.65 Cr shares on offer, translating to 6.48X oversubscription.

Meanwhile, the portion reserved for qualified institutional buyers (QIBs) was oversubscribed 3.72X, getting bids for 55.91 Cr shares against 15.03 Cr shares on offer.

The ecommerce unicorn's IPO comprises a fresh issue of INR 5,421 Cr and an OFS co...