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: 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 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 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 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 within an hour as investor interest soars on day one
MobiKwik's IPO was fully subscribed within an hour of launch, indicating a successful market debut. (Bajaj) MobiKwik IPO: MobiKwik's initial public offering (IPO) launched on December 11, 2024, and has already been fully subscribed within the first hour.
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.
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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 ...