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MobiKwik, IPO
MobiKwik IPO subscribed 20.41 times on day 2 of issue, retail investors dominate with highest bids; Latest GMP here
MobiKwik IPO was subscribed 20.41 times on the second day of subscription, with the portion reserved for retail investors booked the highest among the three groups of investors.
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.
One MobiKwik Systems IPO: GMP rises further as retail bids hit 41x on Day 2
In comparison to its peers like PhonePe, Paytm, and PayPal, MobiKwik significantly lags in registered user base and diversified service offerings, said KRChoksey Shares and Securities.
Mobikwik IPO day 2: GMP, subscription status, review, other details. Apply or not?
Recent trends show that Mobikwik shares are trading at a premium of ₹136 on the grey market. As of December 11, the shares are expected to list at a gain of 48.75 per cent.
One MobiKwik IPO Subscribed 20.41 Times On Day 2
The initial public offering of One MobiKwik Systems Ltd. has entered the second day of bidding, after it was subscribed 7.32 times as retail investors continued to pour into the issue. The issue was subscribed 9.80 times, as of 11 a.m. on the second day. The price band for the IPO is Rs 265 to 279 per share.
Mobikwik IPO subscribed 17 times, driven by retail investors
Mobikwik's IPO saw strong demand, with retail investors subscribing 58 times the allotted shares and the overall IPO subscribed 17 times by the second day. The company aims to raise Rs 572 crore, with the IPO set to list on December 18.
Mobikwik IPO sees strong demand on Day 2: Subscription zooms 9x, GMP up 53%
The strong subscription mirrors trends in the grey market, where Mobikwik's unlisted shares commanded a solid premium on Thursday
MobiKwik IPO: Issue Oversubscribed Above 10X On Day 2 MobiKwik IPO: Issue Oversubscribed Above 10X On Day 2
MobiKwik’s INR 572 Cr IPO saw robust demand from retail individual investors (RII), resulting in an oversubscription for 36.23X
MobiKwik IPO Oversubscribed 20.37 Times: Retail Investors Lead
One MobiKwik Systems IPO received 20.37 times subscription on Day 2, driven by strong retail and non-institutional investor interest. Learn more about the IPO details and subscription status.
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 day 2: GMP rises sharply, should you subscribe?
The grey market premium (GMP) for Mobikwik's IPO surged to Rs 149 on Day 2, up from the previous day, indicating a potential 53.41% listing gain over the upper price band of Rs 279 per share.
ndtvprofit
16h
One MobiKwik Systems IPO GMP: Grey Market Suggests Bumper Listing As Subscription Zooms 13x
The jump in GMP of One MobiKwik Systems IPO coincided with the uptick in demand for the company's public issue. The grey ...
5d
on MSN
MobiKwik’s IPO will value it at $250M, 73% less than its last private valuation
MobiKwik, an Indian financial services startup, has cut the size of its planned IPO for the third time, setting a price band ...
Outlook Business
21h
Want to Rebuild Trust in Fintech, Not Just Raise Capital, Says Mobikwik CEO
Mobikwik CEO Bipin Preet Singh highlighted that many fintech companies raised substantial capital and ended up burning ...
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