Three mainboard IPOs — Meesho, Aequs, and Vidya Wires — will open for public subscription on December 3. Analysts have evaluated their growth potential, noting that grey market trends point to strong listings for Meesho and Aequs, while Vidya Wires is expected to see a moderate debut. All three IPOs will close on December 5, with allotments likely on December 8. The shares are set to list on the BSE and NSE on December 10.
Meesho, backed by SoftBank, is launching its long-awaited IPO with a price band of ₹105–111 per share, valuing the firm at around ₹50,096 crore at the top end. The ₹5,421.05-crore issue includes a ₹4,250-crore fresh issue and an OFS of 10.55 crore shares. The minimum bid is 135 shares, amounting to ₹14,985 at the upper range.
Vidya Wires plans to raise over ₹300 crore at a price band of ₹48–52, including a ₹274-crore fresh issue. Its GMP has eased to about 10%. Brokerages like Angel One recommend “Subscribe for Long Term,” citing reasonable valuations, strong demand, and expansion-led growth. Analysts highlight its solid financial performance but note risks such as commodity price swings and high working capital needs.
