MobiKwik, IPO

MobiKwik's $67 million India IPO overbought on first day as retail investors swoop in
MobiKwik's [ONEM.NS] 5.72 billion-rupee ($67.4 million) IPO was snapped up in under an hour on Wednesday as retail investors flooded in, betting on the Indian fintech firm's long-term prospects in a booming online payments market and short-term gains once the stock lists.
MobiKwik IPO Sees Blockbuster Opening with Over 7x Subscription on Day 1
MobiKwik, the Indian fintech giant, has opened its Initial Public Offering (IPO) with an overwhelming response from investors.
Why are retail investors gung-ho about MobiKwik IPO? Know it from CEO Bipin Preet Singh
The IPO is entirely a fresh issue of up to Rs 572 crore and will close on December 13, Friday. Singh further added that promoters are not selling any shares in this IPO.
MobiKwik's $67 mln India IPO fully sold in first hour as retail investors rush in
Indian digital payments firm MobiKwik's ONEM.NS 5.72 billion-rupee ($67.4 million) initial public offering (IPO) was fully subscribed within the first hour of sale on Wednesday, as investors bet on strong growth prospects in India's booming online payments market.
MobiKwik IPO fully subscribed on first day of issue
Fintech firm One MobiKwik Systems' IPO saw enthusiastic response, achieving full subscription within the first hour of trading on Wednesday. The Rs 572-crore IPO, open until December 13, aims to fuel growth in financial and payment services,
Mobikwik IPO fully subscribed on Day 1. What's behind the strong demand?
Mobikwik's IPO was subscribed over 3.5 times as of 1 pm. According to data, Mobikwik's IPO received bids for 3,96,80,623 shares against the 1,18,71,696 shares on offer.
MobiKwik's $67 million India IPO fully sold in first hour as retail investors rush in
By Chris Thomas and Sethuraman N R (Reuters) -Indian financial technology firm MobiKwik's [ONEM.NS] 5.72 billion-rupee ($67.4 million) IPO was fully subscribed within the first hour on Wednesday as investors bet on the company's growth in a booming domestic online payments market.
Mobikwik IPO fully subscribed: Retail investors drive demand on Day 1
Strong subscription aligns with grey market trends, as Mobikwik shares were trading at Rs 415 apiece, reflecting a GMP of Rs 136 or 48.75 per cent over the upper end of the IPO price band of Rs 279
MobiKwik launches ₹572 crore IPO today — What should investors do?
Ahead of the IPO, MobiKwik raised ₹257 crore from Anchor investors, which included the likes of White Oak Capital, 360 One Asset, Axis MF, SBI MF among others.
MobiKwik IPO Opens Today: Check GMP, Price Band, Other Details Before Investing
MobiKwik Systems on Tuesday said it has garnered Rs 257 crore from anchor investors ahead of its initial public offering (IPO) . Foreign and domestic institutions who participated in the anchor round included Government Pension Fund (Norges Fund),
Mobikwik IPO fully subscribed; Swiggy shares drop after lock-in expiry
The public issue of Mobikwik was fully subscribed within an hour of opening. This and more in today’s ETtech Top 5.Also in ...
Mobikwik IPO Day 1 Live Updates: Issue was subscribed 7.32 times; Check GMP, subscription status, other key details
Mobikwik IPO has been oversubscribed within hours of opening for public bidding. The subscriptions were led by the retail ...
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Mobikwik’s FY24 profit helped cut IPO size: CEO Bipin Preet Singh
Mobikwik has reduced its fixed costs from 47% to 30% of revenue and achieved improved gross margins—19% for the full FY24 and ...
Mobikwik subscribed 7x on Day 1; Vishal, SaiLife get tepid responses
The initial public offering (IPO) of One Mobikwik Systems was subscribed 7.3 times on Wednesday, the first day of the offer.
Mobikwik IPO day 1: GMP, subscription status, review, other details. Apply or not?
According to stock market observers, the company’s shares are available at a premium of ₹132 in the grey market today.
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MobiKwik IPO Day 1: Issue fully subscribed within an hour; Check GMP, price and other details
The retail portion of the MobiKwik IPO is booked 6.14 times while the Non-Institutional Investors’ (NIIs) category is ...
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MobiKwik IPO booked 7x on Day 1; Vishal Mega Mart, Sai Life Sciences off to muted start
The ₹572-crore IPO of MobiKwik was subscribed over 26 times in retail category, followed by 7.5 times in NII segment.
Mobikwik IPO sails through in the first hour of launch
Mobikwik, based in Gurgaon, has established a price range of Rs 265 to Rs 279 per share for its initial public offering (IPO) ...
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MobiKwik's Second IPO Attempt: Aiming for Growth and Expansion
Fintech company MobiKwik has secured Rs 257 crore from anchor investors before its IPO. No offer-for-sale portion is included ...