IPO, MobiKwik

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 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.
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: 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 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 GMP rises over 17% in 6 days; issue subscribed over 11 times
Mobikwik IPO's GMP jumps over 17%, subscribed 11 times: Experts consider investing for long-term growth in the issue.
MobiKwik IPO Day 2: Issue gets bids worth nearly ₹5,000 crore; Retail portion booked 50x
MobiKwik's IPO has already received bids worth close to ₹5,000 crore, compared to its offer size of ₹572 crore by the second day of bidding.
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.
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.
MobiKwik IPO: Issue oversubscribed 7.73X on Day 1, retail investors subscribe 26.75X, NII 8.98X
The IPO of One MobiKwik Systems Limited was quickly oversubscribed within an hour of bidding, primarily driven by retail and Non-Institutional Investors, as per available data.
ndtvprofit4h
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 ...
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 ...
One MobiKwik Systems IPO: Public Issue Subscribed 14x On Day, GMP Hints Stellar Listing; Key Dates
The initial public offering (IPO) of One MobiKwik Systems Limited opened for subscription on Wedne1, 2024. As the fintech ...
Outlook Business9h
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 ...