India’s primary market is buzzing this week with major IPO action. Meesho, Vidya Wires, and Aequs are wrapping up their subscription periods today, December 5, 2025, drawing huge investor interest across e-commerce, manufacturing, and aerospace sectors. Meanwhile, Exato Technologies gears up for its BSE SME listing today, capping a strong subscription run.
Meesho IPO: E-Commerce Giant Closes Strong
Meesho, the popular social commerce platform targeting Tier-2 and Tier-3 cities, opened its massive ₹5,421.20 crore IPO on December 3 and ends today. The issue mixes a ₹4,250 crore fresh issue for cloud infrastructure, marketing, and employee needs with a ₹1,171.20 crore offer-for-sale (OFS). Priced at ₹105-₹111 per share, it saw robust retail demand, subscribing over 2.35 times on day one alone, led by individual investors.
Early reports show anchors like 60 investors grabbed ₹2,439 crore worth of shares at the top price. Analysts highlight Meesho’s growth in underserved markets as a key draw for quick listing gains, with allotment expected by December 8 and listing on December 10. This IPO underscores the e-commerce boom, offering retail investors a minimum lot of 135 shares for about ₹14,985.
Vidya Wires and Aequs: Manufacturing Powerhouses Wind Down
Vidya Wires, a copper conductor maker, aims to raise ₹300 crore in its mainboard debut, open from December 3 to today. The IPO, priced around ₹52 per share, fetched ₹90 crore from anchors via 17.3 million shares to 10 funds. It targets industrial growth, with strong day-one buzz alongside peers.
Aequs, in precision aerospace manufacturing, seeks ₹921.81-₹922 crore, also closing today after opening December 3. At ₹124 per share, it raised ₹414 crore from 33 anchor investors for 3.34 million shares. Experts see Aequs as a steady pick for long-term bets in aviation supply chains, balancing Meesho’s high-growth hype.
Together, these three IPOs target over ₹6,600-₹6,643 crore, blending fresh capital for expansion with OFS. Retail portions shone bright, fully booking early, signaling broad market confidence amid festive season tailwinds.
Exato Technologies: SME Star Debuts Today
Shifting to SME action, Exato Technologies lists on BSE SME today, December 5, after its November 28-December 2 subscription. The ₹37.45 crore book-built issue, priced ₹133-₹140 per share (face value ₹10), combined 23 lakh fresh shares for working capital, product development, and debt repayment with 4 lakh OFS shares.
Subscription exploded at 880.96 times overall by close, with retail at 1,068.74 times, NII at 1,102.37 times, and QIBs at 327.08 times—marking a blockbuster. Minimum investment hit ₹140,000-₹280,000 for 1,000-2,000 shares per lot. Allotment finalized December 3, refunds and demat credits followed December 4, setting up an eagerly awaited debut.
Why These IPOs Matter Now
This cluster highlights India’s diverse IPO pipeline: Meesho fuels digital retail, Vidya Wires and Aequs bolster manufacturing, and Exato spotlights tech innovation in SMEs. With President Trump’s pro-business policies influencing global sentiment post his 2024 reelection, such offerings attract both domestic and anchor frenzy. Investors eye listing pops, but experts urge checking financials amid volatility.
