India, Dec. 2 -- India's IPO pipeline is showing no signs of cooling down, with subscriptions for Meesho's public issue set to open on Wednesday, December 3.

The ecommerce major has raised INR 2,439.5 Cr from anchor investors for the initial public offering. Anchor investors subscribed to 21.98 Cr equity shares of the company at INR 111 apiece.

Of these, 9.37 Cr equity shares, or 43% of the anchor round, were lapped up by 14 domestic mutual funds, including SBI, Aditya Birla Sun Life, Axis, HSBC, among others. Other prominent investors who participated in the anchor round were the Government of Singapore, Tiger Global, BlackRock and Fidelity, Morgan Stanley, among others.

The Bengaluru-based company, whose IPO closes on December 5, is ...