Meesho share price: Stock lists at over 46% premium on NSE; here's how much investors made per lot

The stock listed at ₹162.50 per unit on the National Stock Exchange (NSE). This reflects a premium of 46.40% over the IPO issue price of ₹111 apiece.
On the BSE, the scrip started trading at ₹161.20, up 45.23% from the issue price.
Meesho share price: Here's how much investors made per lot
The initial share sale was subscribed a whopping 79.03 times, with bids for 21,96,67,00,770 shares compared to 27,79,38,446 shares on offer, according to the data on stock exchanges.
The ₹5,421.20 crore initial share sale, with a price range of ₹105 to ₹111 per share, was a fresh issue worth ₹4,250 crore and an offer for sale (OFS) of ₹1,171.20 crore.
Under the OFS, YC Holdings II, Internet Fund VI Pte Ltd, GW-E Ribbit Opportunity V, Peak XV Partners Investments VI-1, Sequoia Capital Global Growth Fund III, Kauffman Fellows Fund, Ribbit Capital V, Alkeon Innovation Master Fund II, Alkeon Innovation Master Fund II Private Series and Propel Venture Partners Global US divested their shares.
The objectives of the issue include investment for cloud infrastructure in subsidiary Meesho Technologies Pvt Ltd (MTPL), payment of salaries of existing and replacement hires in artificial intelligence and machine learning teams of MTPL, marketing and brand initiatives of MTPL, inorganic growth via acquisitions and corporate general needs.
Prior to the IPO, the company raised ₹2,439.5 crore in the anchor round from investors such as BlackRock, the Government of Singapore, Fidelity Funds, Goldman Sachs, Morgan Stanley, Tiger Global, the Monetary Authority of Singapore, SBI Mutual Fund (MF), Axis MF, UTI MF, Tata MF, HSBC MF, Motilal Oswal MF and Bandhan MF, among others.
Meesho Limited is a multi-sided technology platform steering e-commerce by bringing together four key stakeholders – sellers, consumers, logistics partners and content creators.