Meesho IPO Bids in India: E-Commerce Giant Draws $28 Billion in Bids
Meesho, India’s popular e-commerce platform, raised $604 million in its Initial Public Offering (IPO). The company saw $28 billion in total bids, making it one of the most oversubscribed IPOs in Indian history. Institutional investors led the charge, bidding for shares 120 times over the amount allocated to them. This surge in demand reflects a…