New Delhi, Nov. 28 -- Meesho IPO GMP today hints robust premium ahead of the issue opening date, Wednesday, December 3. Meesho IPO GMP (grey market premium) today stands at Rs.29. Considering the upper end of the IPO price band and the current premium in the grey market, the estimated listing price of Meesho share price was indicated at Rs.140 apiece, which is 26.13% higher than the IPO price of Rs.111.

Meesho's maiden public offering will close on Friday, December 5, with anchor investors receiving allocations on December 2. The issue size reserves 75% for qualified institutional buyers, 15% for non-institutional investors, and 10% for retail investors.

Co-founded by Vidit Aatrey and Sanjeev Kumar, Meesho asserts that it holds the top ...