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Macquarie initiates 'Underperform' rating on Meesho, sees 25% downside. Here's whyMacquarie has initiated coverage on Meesho with an ‘Underperform’ rating and a target price of Rs 125, implying nearly 25% downside. The br...
Meesho shares plunge 10% on Rs 1,500 crore tax demand; down 44% from Dec highShares of Meesho fell 10% to hit the lower circuit after the company revealed a Rs 1,500-crore tax demand from the Income Tax Department, n...
Meesho shares in focus as firm enters logistics business, incorporates subsidiaryMeesho is entering the logistics business by incorporating a new subsidiary. This move is expected to be a key driver for the company's fut...
BofA takes a measured view on Meesho’s next phase, starts coverage with 'neutral' rating; stock sheds 5%BofA Securities has initiated coverage on newly listed Meesho with a Neutral rating and a Rs 190 target, citing advertising and logistics a...
Meesho shares rally 8%, double from IPO price in just 7 sessions. What’s driving the surge?Meesho shares have surged to a new record high, gaining 110% since their IPO. The company's market capitalization now exceeds Rs 1 lakh cro...
Meesho shares hit 20% upper circuit, nearly double from IPO price. What’s triggering the rally?Meesho's shares surged 20% to an intraday high of Rs 216.35 after UBS initiated coverage with a Buy rating, citing strong growth potential....
Bengaluru gives India another billionaire. Who is IIT engineer & Meesho cofounder Vidit Aatrey?Meesho co-founder and CEO Vidit Aatrey has joined India’s billionaire club after the newly listed e-commerce firm’s shares surged 13% to a ...
IITian Vidit Aatrey joins billionaire club as Meesho shares rocket 74% from issue priceMeesho Ltd’s shares surged more than 74% from their issue price days after listing, lifting co-founder Vidit Aatrey into the billionaire cl...
Meesho expanded ecomm beyond India’s top 5%, say executives, backersFounder and CEO Vidit Aatrey, reflected on the early days of ecommerce in India, noting that online shopping and buying branded fashion and...
Meesho shares rally 7% after bumper debut. Should you buy, sell or hold?Meesho delivered a blockbuster debut on Dalal Street, listing with a 46% premium and climbing as much as 7% on day one. With strong subscri...
Meesho shares dazzle on debut, list at 46% premium over IPO priceMeesho shares surged 46% on their Dalal Street debut, listing at a significant premium to their IPO price. The strong listing followed an o...
Meesho lists today: Key subscription details, GMP trends and financialsMeesho’s Rs 5,421-crore IPO, subscribed 79 times, is set to list on December 10 with strong grey-market interest. Investors have shown heav...
Meesho IPO: GMP cools off to 29% but listing gains still expected to remain strongMeesho’s grey market premium (GMP) dipped slightly to 29%, yet the IPO is still expected to deliver strong listing-day gains. The Rs 5,421 ...
Meesho shares command 36% GMP ahead of December 10 listing. Check all detailsMeesho shares are trading at a grey market premium of Rs 40–41, a 36% gain over the IPO price, ahead of the company’s market debut on Decem...
Meesho IPO allotment date: How to check status online, GMP after robust subscriptionMeesho’s Rs 5,421 crore IPO allotment will be finalised Monday after massive 81.76x subscription. With a 42% GMP and record retail particip...
Meesho’s 79X IPO subscription one of highest among new-age companiesQIBs bid for more than 120 times the shares of the ecommerce marketplace allocated to them, while retail investors subscribed to the book 1...
Meesho IPO: Issue subscribed 79 times on Day 3 led by QIBsMeesho IPO: The company has priced its issue at ₹105–111 per share and is pitching itself as a fast-growing, low-cost marketplace with deep...
Meesho GMP hints at 45% listing pop, issue sees over 3 times subscription on Day 2. Should you bid?Meesho’s ₹5,421 crore IPO has seen strong demand, subscribed over 3 times by Day 2, led by robust retail participation. Grey market trends ...
Meesho, Aequs or Vidya Wires? Analysts' top IPO pick is not the one with highest GMPAnalysts favor Aequs as the top IPO pick for long-term investors, citing its balance of growth, clarity, and valuation. While Meesho leads ...
Meesho IPO Day 1 sees strong demand: Retail portion fully booked, GMP at 44%Meesho’s Rs 5,421-crore IPO saw a strong start, with retail investors fully subscribing within the first hour while overall subscription re...