Meesho’s Mega Debut: A $28 Billion Wave of Bids Reshapes India’s IPO Landscape
India’s discount-focused e-commerce player Meesho stunned the markets with one of the country’s most oversubscribed public offerings in recent history. Its $604 million IPO, open from December 3–5, drew an extraordinary ₹2.5 trillion ($27.8 billion) in bids, underscoring investor confidence in the value-commerce engine Meesho has built across India’s non-metro consumer base. The offer was subscribed 79 times…



