Meesho IPO: Meesho intends to use the funds for investments in cloud infrastructure, marketing and brand-building, inorganic growth through acquisitions, and other general corporate purposes.
Despite the demand visibility, Aequs continues to face long production and qualification cycles common in aerospace manufacturing.
The anchor book attracted 10 institutional investors, with domestic mutual funds accounting for 77.78 percent of the total allocation. These domestic funds invested through seven schemes across three fund houses.
Other investors including GIC, ADIA, Fidelity International, Fidelity Management & Research, Baillie Gifford, Wellington and Goldman Sachs Asset Management also bid to participate in the anchor round, a source told Moneycontrol.
That decision triggered a pushback from other large funds, the people said, asking not to be identified as the information is private. Meesho is set to open its anchor book — a portion of shares reserved for institutional investors — on Tuesday ahead of its initial public offering that launches on Wednesday
Exato Technologies IPO allotment is likely to be finalised on Wednesday, while the company’s shares are scheduled to list on the BSE SME platform on Friday.
Grey market estimates signal towards a strong listing for Meesho and Aequs, and a decent market debut for Vidya Wires.
Meesho, Aequs and Vidya Wires will open their mainboard IPOs for public subscription on Wednesday, December 3.
Wakefit shares are expected to be allotted by December 11, while listing is schedule to take place on December 15.
Aequs IPO shares are scheduled to list on December 12 on both the National Stock Exchange (NSE) and BSE.
ICICI Prudential AMC IPO comprises an offer for sale (OFS) of up to 1.76 crore equity shares by the promoter Prudential Corporation Holdings, with no fresh issue component.
Meesho IPO: SoftBank-backed e-commerce firm is aiming to raise Rs 5,421 crore through its Initial Public Offering (IPO), which opens for subscription on December 3
Meesho shares are likely to be allotted by December 8, while the shares are scheduled to be listed on December 10.
The IPO is likely to comprise a mix of new share issuance and secondary sales by existing investors, and could come as early as next year
In the mainboard segment, all three IPOs - Meesho, Aequs, and Vidya Wires - will have same schedule, opening for subscription on December 3 and closing on December 5.
Wakefit Innovations IPO | The Bengaluru-based company aims to raise Rs 377.1 crore via issue of fresh shares, while existing shareholders including promoters will be selling up to 4.67 crore equity shares via offer-for-sale.
Meesho, founded in 2015 by Vidit Aatrey and Sanjeev Kumar, got a real growth burst during the Covid pandemic when millions of Indians began to shop online.
Mumbai-based K K Silk Mills is raising Rs 28.5 crore via initial share sale of 75 lakh shares, consisting entirely fresh issue component.
Prism has sought sweeping shareholder approvals to restructure its capital, overhaul its governance framework and authorise a large fresh issue, signalling its most serious push yet to revive Oyo’s long-delayed listing plans.
MV Electrosystems IPO | The initial share sale comprises of entirely fresh issue with no offer-for-sale component.
Aequs shares are scheduled to be listed on December 10, with allotment expected on December 8.
RBI will decide on interest rates. At least three new IPOs will open for subscription.
Meesho IPO share allotment is expected on December 8, and the stock is slated to list on December 10.
Meesho’s strengthening fundamentals, its dominant position in low-AOV online retail, and the long runway for value-driven e-commerce in India make the IPO suitable for investors willing to take a medium-term view, says FundsIndia.
The allotments will likely be finalised by December 8, and the shares are scheduled to debut on stock exchanges BSE and NSE on December 10.
