Try GOLD - Free
Meesho closes up 53% after listing at 46% premium
Financial Express Ahmedabad
|December 11, 2025
STOCK PERFORMANCE
IT WAS A good day for companies making their stock market debut. Softbank-backed ecommerce major Meesho listed at a 46% premium - ₹161.20.
The stock, whose offer price was ₹111, rose 60% intra-day, before closing at ₹170.09, up 53%. The ₹5,421-crore IPO was subscribed 79 times.
Another debutant Aequs that focuses on high-precision components and assemblies for civil aviation listed at a 13% premium at ₹140 and closed with 21% gains over the IPO price of ₹124. Vidya Wires also made its debut, listed flat, but closed at ₹53.14, up 2%.
"Bharat has come to Dalal Street today. E-commerce in India used to be for big-city consumers. What we saw was a different reality. We saw Bharat," said co-founder and CEO Vidit Aatrey. "We are at Day-Zero today. We have not scratched the surface of the entire opportunity."
While shares closed at ₹170, up 54% from the IPO price, some analysts placed bullish bets on price hitting ₹200.
This story is from the December 11, 2025 edition of Financial Express Ahmedabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Ahmedabad
Financial Express Ahmedabad
Ola Electric founder sells ₹92-cr shares
OLA ELECTRIC FOUNDER
1 min
December 17, 2025
Financial Express Ahmedabad
PFRDA allows 80% NPS corpus withdrawal for pvt subscribers
IN A MAJOR reform of the national pension system (NPS), the pension regulator has allowed lump sum payout to non-government sector subscribers to 80% and reduced annuitisation to 20% of their corpus at the time of exit from the scheme.
1 min
December 17, 2025
Financial Express Ahmedabad
Rupee breaches 91-mark amid trade deal jitters
ROUT CONTINUES
1 min
December 17, 2025
Financial Express Ahmedabad
McKinsey plans thousands of job cuts as slowdown bites
Consulting industry seeing demand slump as clients turn cost-conscious
2 mins
December 17, 2025
Financial Express Ahmedabad
Private credit seen rising 35% this year, but flat without SP deal
THE VALUE OF private credit deals is expected to rise about 35% year-on-year (yo-y) to nearly $13 billion in 2025, but the growth is largely skewed by a single large transaction by the Shapoorji Pallonji (SP) Group, with underlying market expansion remaining muted once that deal is excluded.
3 mins
December 17, 2025
Financial Express Ahmedabad
NCLT clears Vedanta demerger
IN ITS SUBMISSIONS, the ministry referred to along-running dispute related to Vedanta’s RJ oil and gas block in Rajasthan, arguing that a substantial part of the company’s debt stemmed from government claims linked to the block.
1 min
December 17, 2025
Financial Express Ahmedabad
Xi faces calls for stronger yuan in currency debate
IN WELL-CONNECTED circles within China, the yuan’s persistent weakness is increasingly being seen as an obstacle to the country’s growth.
2 mins
December 17, 2025
Financial Express Ahmedabad
Sectoral, thematic funds underperform markets
THE SECTORAL AND thematic funds category of equity mutual fund schemes which has seen an increase of nearly 130% in its assets under management (AUM) from 2023 and contributes to nearly 15% of the total equity AUM,has underperformed the market returns both over one-and three-year periods.
2 mins
December 17, 2025
Financial Express Ahmedabad
Trump files $10-bn lawsuit against BBC
President Donald Trump sued the BBC for up to $10 billion in damages over edited clips of a speech that made it appear he directed supporters to storm the US Capitol, opening an international front in his fight against media coverage he deems untrue or unfair.
1 min
December 17, 2025
Financial Express Ahmedabad
A disservice to dignity of labour
BARRING TRANSPARENCY IN IMPLEMENTATION & SOCIAL AUDITS, NEW LAW UNDERMINES MGNREGA ENTITLEMENTS
4 mins
December 17, 2025
Listen
Translate
Change font size