Kolkata: The Meesha IPO is one of the public issues that managed to raise a storm on Dalal Street. The management of Meesho went to the market to raise Rs 5,421.20 crore ended up attracting bids that are worth Rs 2,43,789.08 crore or nearly 82 times that amount. The issue was subscribed 81.76 times overall — 19.89 times in the retail category, 123.34 times in QIB (Ex Anchor) category and 39.85 times in the NII category. The bidding window closed on Dec 5. While the number of shares on offer were 26,86,18,197, the number for which bids were placed was 21,96,29,80,575.
After the application, the allotment. The allotment for the Meesho IPO will be finalised on Dec 8 and the listing will take place on BSE and NSE on Dec 10. Let’s have a look at how one can check the allotment of Meesho IPO shares in more than one ways — all online. Meanwhile, the IPO storm rages on Dalal Street.
How to check Meesho IPO allotment via the registrar
STEP ONE: Enter the portal of Kfin Technologies
STEP TWO: Visit the IPO allotment status page
STEP THREE: Select ‘Meesho’ from the dropdown menu
STEP FOUR: Select PAN, or Application Number, of DP/Client ID
STEP FIVE: Type in details asked for
STEP SIX: Click ‘Submit’ to check allotment status
How to check Meeesho share allotment on BSE
STEP ONE: Visit BSE website: https://www.bseindia.com/static/investors/application_statuschecksystem.aspx
STEP TWO: Go to IPO allotment page on the website
STEP THREE: Select ‘Application status check’ and then ‘Equity’ as issue type
STEP FOUR: From dropdown menu displaying issue names select Meesho
STEP FIVE: Type in application number or PAN
STEP SIX: Click ‘Search’ to view share allotment
Meesho IPO GMP
According to investorgain, Meesho IPO GMP in early morning or Dec 6 stood at Rs 46.5. It was the same level where it stood on Dec 5, the last day of the bidding process. With the price band of 111.00, the estimated listing price of Meesho shares is Rs 157.5 and the listing gain signalled at this point is 41.89%. However, it must be kept in mind that GMP is an unofficial gauge and cannot guarantee listing gain (or loss).
(Disclaimer: This article is only meant to provide information. News9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, precious metals, commodity, any form of alternative investment instruments and crypto assets.)