IPO GMP Today To Price Band | Key Things Know About Meesho, Aequs, Vidya Wires IPO Set To Open On Dec 3

IPO Corner: India's primary market is buzzing with multiple Initial Public Offerings (IPO) including Meesho, Aequs, and Vidya Wires, set to open for subscription on Wednesday, December 3.

As investors prepare for Wednesday's trading session, here are all the details about Meesho IPO, Aequs IPO and Vidya Wires IPO.

Meesho IPO Opens Today; Check GMP, Price Band Other Details

The mainboard IPO of the online commerce platform aims to raise Rs 5,421 crores of funds. The IPO is a combination of fresh issue of 38.29 crore shares aggregating to Rs4,250 crores and an offer for sale of 20.55 crore shares aggregating to Rs 1,171 crores.
The IPO will open for subscription on Wednesday, and will close on December 5. The company is expected to finalise the allotment on December 8 with a tentative listing date on 10 December. The company has fixed upper price band at Rs 105-111 per share.

Meesho IPO GMP Today

Meesho IPO grey market premium (GMP) increased to Rs 49, as per investorgain.com on December 2 at 10:29 pm. The company has a price band of 111 per share. Hence, its estimated listing price is Rs 160 per share.

Aequs IPO Opens Today

The Rs 921 crore of mainboard IPO is also opening for subscription on Wednesday, December 3. The issue is a combination of fresh issue of 5.4 crore shares, equivalent to Rs 670 crore and an offer for sale of Rs 2.03 crore shares aggregating to Rs 251.81 crores. The IPO will close on December 5. With its IPO allotment finalisation on December 8. Whereas, the Aequs IPO is expected to be listed on December 10. The company has fixed an upper price band at Rs 118-Rs 124 per share.

Aequs IPO GMP Today

Aequs IPO's latest GMP stood at Rs 46.5, as per investorgain.com data at 11:33 pm on Tuesday. As the company has fixed upper price band at Rs 124, its estimated listing price is Rs 170.5 per share, as per investorgain.com.

Vidya Wires IPO

The third IPO set to open today is Vidya Wires. The Rs 300 crores mainboard IPO is a combination of fresh issues aggregating to 5.27 crores and an offer for sale of 0.50 crore shares. The company has fixed price band at Rs 48-52.

Vidya Wires IPO GMP Today

Vidya Wires latest IPO GMP stood at Rs 6 as per investorgain.com data at 11:29 pm on Tuesday. Considering its price band of Rs 52, the IPO's estimated listing price is Rs 58 per share, as per the website.