IPO GMP Alert: Meesho Vs Aequs Vs Vidya Wires; Which IPO Could See Strong Listing? Check Comparison

Three mainboard initial public offerings (IPO) are scheduled to be launched on December 3, looking to raise a cumulative Rs 6,643.02 crore. The biggest IPO this week is of META-backed low-cost online shopping portal, Meesho who will launch its Rs 5,421.20 crore IPO, followed by Aequs IPO worth Rs 921.81 crore and Vidya Wires IPO of Rs 300.01 crore. The latest grey market premium (GMP) is signalling double-digit percentage premium listing for all three IPOs, however, the latest radar suggests Meesho could outperform the other two.

Meesho vs Aequs vs Vidya Wires IPO GMP:

Meesho IPO GMP:

Meesho IPO last GMP is Rs 48, last updated Dec 2nd 2025 03:31 PM. With the price band of 111.00, Meesho IPO's estimated listing price is Rs 159 (cap price + December 2nd GMP).The expected percentage gain/loss per share is 43.24%, as per Investor Grain.

Aequs IPO GMP:

Meanwhile, the data said that Aequs' latest GMP stood at Rs 44.5 on December 2nd, at the time of writing. If this is considered along with price band of Rs 124, the estimated listing price comes around Rs 168.5, which hints at nearly 36% premium listing.

Vidya Wires IPO GMP:

This company's GMP is currently at Rs 6, and its listing price is signalled at Rs 58 which includes price band of Rs 52 plus December 2nd GMP. Accordingly, the listing is expected to be around 11.54% premium on BSE and NSE.

What Is IPO Grey Market Premium (GMP)?

Generally, when a company launches its IPO, it is offering shares either through fresh issue or offer for sale (OFS) on BSE and NSE. Primarily, these IPO shares are bid on BSE and NSE under primary market. But after the IPO, once the allotment process is completed, the shares are listed on BSE and NSE in the secondary market which then becomes an open stock to trade for any investors.

However, before the IPO, these shares are informally traded in the grey market. In simple terms they are called unlisted shares.

As per Angel One, the grey market for shares doesn't is a closed, informal market that operates on trust rather than rules and regulations. The grey market is not regulated by SEBI or any other legal authority and any risks arising out of operating in the grey market has to be borne by the investor. The trades in the grey market are often carried through small chits of paper and unofficial dealers.

Further, the Angel One data revealed that the grey market determines the share price of an IPO-bound company depending on the subscription data and investor sentiment. If the demand for shares is too high and the supply limited, the share quotes a premium over the allotment price. Buyers offer an additional amount over the IPO price to get the shares before listing. But, it needs to be noted that GMPs may not always be an accurate indicator as the grey market is susceptible to manipulation.

Meesho vs Aequs vs Vidya Wires IPO GMP:

Meesho IPO:

Meesho IPO will open from December 3rd to December 5th, at a price band of Rs 105 to Rs 111 per share. The bid lot size is of 135 shares and multiples of thereof. The IPO size is of Rs 5,421.20 crore, which is a combination of fresh issue and OFS.

Under fresh issue, Meesho will offer 38.29 crore equity shares worth Rs 4,250 crore, while selling shareholders will offload up to 10.55 crore equity shares under OFS to the tune of Rs 1,171.20 crore.

Meesho is expected to carry allotment of its shares on December 8, while the listing is likely on December 10, 2025.

Aequs IPO:

This IPO will also be available for subscription from December 3rd to December 5th. Aequs is looking to raise up to Rs 921.81 crore. The IPO size is a combination of fresh issue worth Rs 670 crore and offer for sale up to Rs 251.81 crore.

The price band of the IPO is fixed at Rs 118 to Rs 124 per share. The bid lot size is of 120 shares and in multiples thereof.

Aequs could carry its allotment status on December 8, while its listing expected to be on the same day as Meesho.

Vidya Wires IPO:

Coming to Vidya Wires, the IPO worth Rs 300.01 crore, will be open from December 3 to December 5 at a price band of Rs 48 to Rs 52. The IPO is a mixture of fresh issue worth Rs 274 crore and OFS of Rs 26.01 crore. The bid lot size is of 288 shares and in multiples thereof. The IPO has similar allotment and listing dates like Meesho and Aequs.

Disclaimer: The views and recommendations expressed are solely those of the individual analysts or entities and do not reflect the views of Goodreturns.in or Greynium Information Technologies Private Limited (together referred as "we"). We do not guarantee, endorse or take responsibility for the accuracy, completeness or reliability of any content, nor do we provide any investment advice or solicit the purchase or sale of securities. All information is provided for informational and educational purposes only and should be independently verified from licensed financial advisors before making any investment decisions.