IPO Frenzy: Meesho, Aequs & Vidya Wires See Massive Bidding; GMP Signals Big Listing Pop
In a major boost to India’s primary market momentum, the IPOs of Meesho, Aequs and Vidya Wires entered the last round of bidding with exceptionally strong demand. As subscription numbers crossed multi-fold levels, the IPO GMP (Grey Market Premium) for all three issues surged, sparking expectations of strong listing gains.
Meesho IPO GMP Highest Among the Three
The Meesho IPO has become the headline attraction, with its GMP rising to nearly 45%. With overall subscription at 7.97×, Meesho’s dominance in value e-commerce and its large user base appear to be driving investor interest.
Grey market trackers estimate a listing price near ₹160, far above the price band of ₹105–₹111.
Aequs IPO Sees Explosive Retail Participation
The Aequs IPO has delivered one of the strongest retail responses this year. With 32× retail subscription and 11× overall bidding, the issue’s traction in the market is undeniable.
The Aequs IPO GMP, holding around 33%, signals a potential premium listing on NSE and BSE.
Vidya Wires IPO Draws Solid Demand on Day 3
The Vidya Wires IPO, priced at ₹48–₹52, drew 8.26× bidding. Though its GMP is lower compared to peers, analysts say the company’s fundamentals justify strong long-term interest.
GMP Trends Show Peak Optimism
Across unlisted markets, the live IPO GMP trends for all three issues are increasing sharply. Analysts believe the upward momentum reflects positive sentiment, liquidity inflows, and strong anchor investor activity.
What Happens Next?
- Allotment: December 8
- Listing on NSE & BSE: December 10
- Refunds: Initiate December 9
If momentum holds, the three IPOs could open the week with one of the best combined listing performances in recent months.
