India, Dec. 10 -- Ecommerce unicorn Meesho made a bumper debut on the stock exchanges, listing 46.4% above the issue price at INR 162.50 apiece on the NSE.
On the BSE, the stock got listed at INR 161.20 per share, marking a premium of 45.2% to the issue price of INR 111.
Meesho's IPO comprised a fresh issue of INR 5,421 Cr and an offer for sale of up to 10.6 Cr shares. Cofounders Vidit Aatrey and Sanjeev Kumar and investors like Elevation Capital, Peak XV Partners, Venture Highway, and Y Combinator offloaded shares via the OFS.
Y Combinator, which offloaded 71.9 Lakh shares via the IPO, raked in 108X return from the public offering. Meanwhile, Elevation Capital bagged 37X return on its investment.
Meesho's IPO was oversubscribed 79.03...
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