Shares of e-commerce player Meesho, aerospace manufacturer Aequs, and wire-maker Vidya Wires debuted on the bourses on Wednesday with sharply mixed outcomes, as strong IPO demand translated into listing gains of 53 per cent, 22 per cent, and 2 per cent, respectively.

Meesho

Meesho delivered a standout debut and settled with 53 per cent listing gains. The shares opened at ₹162.50 on the NSE, a premium of more than 46 per cent to the issue price of ₹111. On the BSE, it listed at ₹161.20, a 45.2 per cent premium.

It staged a strong post-listing performance, with its shares closing at ₹170.20 on the BSE, and at ₹170.09 on the NSE.

The ₹5,421-crore IPO was subscribed 79.02 time s and had a price band of ₹105–111. The issue comprised a fresh share sale of ₹4,250 crore and an OFS of 10.55

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