Meesho share price today slips after the close as lock-up expiry looms
Meesho shares closed down 0.16% at 182.24 rupees Tuesday as a post-IPO lock-up on 109.9 million shares expired. Traders are watching for block deals and increased volumes as anchor investors’ shares become eligible to sell starting Jan. 7. Indian benchmarks also fell, with the Nifty 50 down 0.27% and Sensex off 0.44%. Meesho listed in December at 162.5 rupees and remains above its IPO price.