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Meesho protest: Why Samir Arora and Sandip Sabharwal are unhappy with how IPO anchors are chosen

Several global and domestic funds withdrew from Meesho's anchor book, citing dissatisfaction with share allocation, particularly SBI Mutual Fund's large portion. Market commentators Samir Arora and Sandip Sabharwal have raised concerns, suggesting reforms to the IPO anchor system to ensure fairness and transparency in the allotment process.