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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 Day 1: Issue subscribed 7.3x so far with retail portion booked 27x already
The retail portion of the MobiKwik IPO is booked 6.14 times while the Non-Institutional Investors’ (NIIs) category is subscribed 1.2 times so far. The Qualified Institutional Buyers applied for only 2,
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.
Mobikwik IPO fully subscribed; Swiggy shares drop
The public issue of Mobikwik was fully subscribed within an hour of opening. This and more in todays ETtech Top 5.
MobiKwik's $67 mln India IPO overbought on first day as retail investors swoop 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: 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.
One MobiKwik Systems IPO subscribed 7.3 times on first day of offer
The initial public offering (IPO) of fintech company One MobiKwik Systems got subscribed 7.3 times, receiving an overwhelming response from retail investors, on the first day of sale on Wednesday. This is the second attempt by the Gurugram-based firm for the public issue following its first attempt in July 2021.
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 subscribed 7.32 times on day 1 of issue, retail investors dominate with highest bids; Latest GMP here
MobiKwik IPO was subscribed 7.32 times on the first day of subscription, with the portion reserved for retail investors booked the highest among the three groups of investors.
MobiKwik IPO: Fully subscribed within an hour as investor interest soars on day one
MobiKwiks IPO has sparked strong investor interest, being fully subscribed within an hour of its launch. Heres what you need to know about this public issue.
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.
1h
Mobikwik IPO Day 1 Live Updates: Issue was subscribed 7.32 times; Check GMP, subscription status, other key details
Mobikwik IPO price band has been fixed at ₹265 to ₹279 per share and the IPO lot size is 53 shares. The fintech company aims ...
Hosted on MSN
8h
Mobikwik vs Vishal Mega Mart IPO: Which public issue should you subscribe to?
The IPO of Vishal Mega Mart aims to raise Rs 8,000 crore via an offer for sale of 102.56 crore shares, while that of Mobikwik ...
Your Story
13h
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 ...
8h
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.
4d
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 ...
12h
One MobiKwik IPO: Issue subscribed 7.31 times on Day 1. Check GMP, other details
MobiKwik's IPO was fully subscribed within hours, with a subscription rate of 2.61 times by 11:11 AM on the first day. Retail ...
Fortune India
13h
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.
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