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

Meesho’s share price fell 5% to ₹173 after the one-month lock-in period for pre-IPO investors expired, allowing 109.9 million shares to be traded. Although initially strong, the stock has corrected 32% from recent highs but remains 56% above its issue price.