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Meesho sets aside Rs 480 crore from IPO for salaries. Worrying signal or smart talent investment?

Meesho is witnessing strong investor interest ahead of its Rs 5,421-crore IPO, with grey market signals suggesting a ~30% listing premium over the issue price of Rs 111. The offering includes a fresh issue of Rs 4,250 crore and an OFS of 10.55 crore shares by existing investors. The IPO opens on December 3, with expectations of a robust market debut driven by upbeat demand cues.