Meesho share price hits 5% lower circuit as one-month IPO lock-in period ends today, down 32% from recent highs

E-commerce firm Meesho came under selling pressure in Wednesday’s session, January 7, with its shares falling 5% to the lower price band of 173 apiece on the NSE, as the supply of shares in the secondary market spiked following the expiration of the one-month shareholder lock-in period. The one-month lock-in period for pre-IPO investors who…

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