Latest grey market premium (GMP) for Meesho's ₹5,421.2-crore IPO, which is expected to see share allotment on December 8, stood at ₹43 per share. Given the upper end of the price band of ₹111, the estimated listing price stands at ₹154, suggesting an expected premium of 38.74% per share. The IPO was oversubscribed by 79 times on final bidding day.