The grey-market premium (GMP) for the much-watched Meesho IPO jumped sharply during the three-day subscription window, signalling strong pre-listing enthusiasm among retail and unlisted-market participants. As of the final day of bidding, market trackers put the Meesho GMP at roughly ₹48–₹50, implying a potential listing price near ₹160 a share (using the IPO upper band of ₹111). Below is a clear, source-backed explainer on what the Meesho GMP means, why it moved, and how Indian investors should interpret it. Quick facts (what happened this week) What is GMP (grey-market premium)…
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