Shares of Meesho, Aequs and Vidya Wires will make their stock market debut on December 10, with all three initial public offerings witnessing strong interest in the grey market. According to data from Investorgain, the IPOs are currently commanding premiums of around 35 percent, indicating healthy listing expectations.

SoftBank-backed Meesho’s ₹5,421-crore IPO was subscribed 79.02 times on the final day of bidding on Friday. The issue was priced in the range of ₹105–111 per share, valuing the e-commerce platform at ₹50,096 crore at the upper end of the price band. The company plans to utilise the proceeds for investments in cloud infrastructure, marketing and brand initiatives, inorganic growth through acquisitions and other strategic initiatives, along with general corporate purposes.

Aequs Ltd, a contract manufacturing player focused on consumer durable goods and aerospace components, saw its IPO subscribed 101.63 times at the close of bidding. The issue was priced between ₹118–124 per share, valuing the company at over ₹8,300 crore. The company plans to utilise funds for repayment of loans taken by itself and its subsidiaries — AeroStructures Manufacturing India and Aequs Consumer Products — along with capital expenditure for machinery and equipment and future growth initiatives including potential acquisitions.

The IPO of Vidya Wires Ltd received a subscription of 26.59 times. The company had set its price band at ₹48–52 per share. Vidya Wires plans to deploy the net proceeds towards funding capital expenditure for new projects in its subsidiary ALCU, repayment of debt and general corporate purposes.

With strong subscription numbers and firm grey market premiums, market participants will closely track the listing performance of all three companies on December 10.