Meesho, Aequs, Vidya Wires IPO GMP Jump as Investors Rush on Final Subscription Day
India’s IPO markets are witnessing heightened excitement as Meesho, Aequs and Vidya Wires enter the final bidding window. According to market observers, the Grey Market Premium (GMP) for all three issues has climbed sharply — a trend historically linked to robust listing expectations.
Meesho IPO Leads With Strongest GMP Spike
The Meesho IPO GMP today stands near ₹50, translating into a 45% premium over the upper price band. Analysts attribute this surge to strong anchor book participation worth ₹2,439 crore and Meesho’s improving unit economics.
Subscription numbers reflect broad investor confidence:
- Retail: 9.14×
- NII: 9.18×
- QIB: 6.96×
Market experts say Meesho’s scale, especially in value-commerce, and high order volumes place it favourably ahead of listing day.
Aequs IPO Attracts Highest Retail Oversubscription
The Aequs IPO has emerged as a favourite among retail investors, recording 32.92× subscription in this category alone. Overall, the issue is subscribed 11.10×, and its IPO GMP currently signals a 33% premium.
Analysts highlight the company’s:
- Strong anchor backing
- Demand from global clients
- Manufacturing efficiency
These factors collectively boost confidence in the impending listing.
Vidya Wires IPO Maintains Steady GMP Growth
Despite being smaller in size, the Vidya Wires IPO continues to impress investors with 8.26× subscription. The issue’s modest but stable IPO GMP around 11% suggests a potential listing gain.
Broader Impact on Indian Markets
The combined investor response to all three offerings showcases a renewed appetite for:
- Consumer-tech
- Manufacturing
- Export-driven businesses
Market observers say strong GMP data indicates a high chance of premium listing, barring last-minute volatility.
Listing Timeline & What Investors Should Watch
With allotment scheduled for December 8 and listing on December 10, traders are closely monitoring the live IPO GMP as it remains a crucial indicator ahead of the market debut.