Meesho IPO in focus, Dec. 3 -- The initial public offering of SoftBank-backed e-commerce firm Meesho Ltd. witnessed healthy demand from both retail and non-institutional investors on its first day of bidding.

The IPO, which remains open until Friday, December 05, received bids for 65.78 crore shares against the total offer of 26.86 crore shares, resulting in an overall subscription of 2.45 times by the end of Day 1, according to exchange data.

Among the investor segments, the Retail Individual Investors category saw the highest interest at 4.11 times subscription, followed by QIB at 2.18 times. The non-institutional investors portion was subscribed 2.18 times, as per the exchange data.

The Meesho IPO is a book-built issue worth Rs.5421...