MobiKwik IPO fully subscribed on 1st day of issue

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 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 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.
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.
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 IPO: Fintech major raises ₹257 crore from anchor investors ahead of subscription
Fintech company One MobiKwik Systems on Tuesday said it has garnered ₹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'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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