New Delhi, Nov. 28 -- SoftBank-backed e-commerce firm, Meesho Ltd, has set its initial public offerings' price band in the range of Rs.105 to Rs.111 per equity share of the face value of Re 1. The Meesho IPO date of subscription is scheduled for Wednesday, December 3, and will close on Friday, December 5. The allocation to anchor investors for the Meesho IPO is scheduled to take place on Tuesday, December 2. The Meesho IPO lot size is 135 equity shares and in multiples of 135 equity shares thereafter.

The Meesho IPO has reserved not less than 75% of the shares in the public issue for qualified institutional buyers (QIBs), not more than 15% for non-institutional Investors (NIIs), and not more than 10% of the offer is reserved for retail i...