India, Jan. 7 -- Shares of ecommerce company Meesho fell 5% to touch the lower price band at INR 173.20 apiece on the BSE today, after the anchor investors' 30-day lock in period ended yesterday.

Following the lock-in expiry, as many as 10.98 Cr Meesho shares became eligible to trade. The lock-in period for the remaining 10.98 Cr shares of anchor investors will end on March 7.

After today's fall, the stock price of Meesho is close to INR 170.20 - the price at which the shares ended their maiden trading session. The company's public issue was subscribed 79X and the shares made a bumper listing on December 10. The stock got listed at INR 161.20 per share on the BSE, a premium of 45.2% to the issue price of INR 111.

Following the listing,...