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Stockreport

Meesho Becomes India's Best IPO This Year, Mints New Billionaire [Forbes]

Amazon.com, Inc. (AMZN)  More Company Research Source: Forbes
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
The stock climbed 36% to 216.34 rupees ($2.39) a share at the close of trading in Mumbai on Wednesday, extending gains since its December 10 market debut to 95% and making it India's best-performing IPO this year. The rally sent the market cap of Meesho to 976 billion rupees ($10.8 billion), valuing Aatrey's roughly 10% stake in the company at about $1.1 billion. Meesho—which also counts billionaire Masayoshi Son's SoftBank and Singapore-based private equity firm Peak XV among its shareholders—raised 54 billion rupees from its IPO, selling 488.4 million shares at 111 rupees each. The maiden share sale was almost 81 times oversubscribed. The robust demand for Meesho shares reflects growing investor optimism in India , where more than 300 companies have raised about 1.8 trillion rupees from their IPOs so far this year, surpassing the record fund raising from maiden share sales that was set for for the whole of 2024. Meesho will use proceeds from the IPO to develop its cloud infra [Read more]

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Stockreport

Meesho Becomes India's Best IPO This Year, Mints New Billionaire [Forbes]

Amazon.com, Inc.  (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
The stock climbed 36% to 216.34 rupees ($2.39) a share at the close of trading in Mumbai on Wednesday, extending gains since its December 10 market debut to 95% and making it India's best-performing IPO this year. The rally sent the market cap of Meesho to 976 billion rupees ($10.8 billion), valuing Aatrey's roughly 10% stake in the company at about $1.1 billion. Meesho—which also counts billionaire Masayoshi Son's SoftBank and Singapore-based private equity firm Peak XV among its shareholders—raised 54 billion rupees from its IPO, selling 488.4 million shares at 111 rupees each. The maiden share sale was almost 81 times oversubscribed. The robust demand for Meesho shares reflects growing investor optimism in India , where more than 300 companies have raised about 1.8 trillion rupees from their IPOs so far this year, surpassing the record fund raising from maiden share sales that was set for for the whole of 2024. Meesho will use proceeds from the IPO to develop its cloud infra [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS