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Mobikwik IPO Fully Subscribed Within An Hour Of Opening
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 opens for subscription, fully subscribed within hour of launch
The ₹572-crore initial public offering (IPO) of One MobiKwik Systems was fully subscribed within an hour of the issue's opening on Wednesday. According to data available (until 11:40am) with the National Stock Exchange,
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'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.
One MobiKwik Systems IPO fully subscribed
The public issue is entirely a fresh issuance of equity shares worth up to Rs 572 crore with no offer-for-sale (OFS) component.
Mobikwik IPO sails through in the first hour of launch
Mobikwik, based in Gurgaon, has established a price range of Rs 265 to Rs 279 per share for its initial public offering (IPO) worth Rs 572 crore. As of 12.15 pm, retail investors booked nearly 11 times their allocation,
Mobikwik IPO fully subscribed: Retail investors drive demand on Day 1
Strong subscription aligns with grey market trends, as Mobikwik shares were trading at Rs 415 apiece, reflecting a GMP of Rs 136 or 48.75 per cent over the upper end of the IPO price band of Rs 279
MobiKwik IPO Day 1: Issue fully subscribed within an hour; Check GMP, price and other details
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 open for bidding: Subscribe or skip? Check latest GMP
The initial public offering (IPO) of Mobikwik Systems opened for bidding on Wednesday to raise Rs 572 crore, with the public issue being entirely a fresh issue of 2.05 crore shares. One Mobikwik Systems Limited is a platform business at its core,
2h
Swedish regulator slaps IPO-hopeful Klarna with $45 million fine over money laundering breach
Sweden said Klarna had "significant deficiencies" in its general approach to risk assessment, which could lead to money ...
1h
on MSN
ServiceTitan raises IPO price on deal demand and appetite for new issuers
In a big move, ServiceTitan boosted its estimated price range to $65 to $67 a share, from $52 to $57 previously.
1m
Purple United Sales IPO day 1: GMP, review, other details about NSE SME IPO in 10 points
According to stock market observers, shares of the company are available at a premium of 20 in the grey market today ...
19h
Warburg Pincus not considering an IPO anytime soon, CEO says
Warburg Pincus, a private equity firm with about $86 billion in assets under management, is not planning to explore an ...
The Financial Express
32m
Vishal Mega Mart IPO Subscription Status Live Updates: Check GMP price, allotment, listing, and other details
Vishal Mega Mart IPO Listing Date, Price Band, Subscription & Allotment Status, GMP Live Updates: Track Vishal Mega Mart's ...
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13m
Mobikwik IPO Day 1 Live Updates: Issue was subscribed 7.32 times; Check GMP, subscription status, other key details
Mobikwik IPO has been oversubscribed within hours of opening for public bidding. The subscriptions were led by the retail ...
19h
Klarna Adds a Dozen Banks to US IPO Roster as Listing Nears
Klarna Group Plc has added around 12 banks to the list of firms working on its US initial public offering, according to ...
3h
Ingram Micro Is A Recent IPO That Can Deliver Considerable Upside
Ingram Micro benefits from a robust distribution network, vendor return policies, and resilient capital structure. See why I ...
Fortune India
29m
Hotels set to join IPO frenzy: Schloss Bangalore, Ventive Hospitality, Brigade Hotels look to raise ₹8,000 cr
Schloss Bangalore, Ventive Hospitality, and Brigade Hotels filled their IPO prospectus with the capital market regulator SEBI ...
1d
Kioxia’s Jumbo IPO Shows Weak Sign Contrary to Booming Market
Kioxia Holdings Corp.’s mammoth initial public offering contains one sign that investor demand for its shares may lack ...
cnbctv18
1h
Vishal Mega Mart's ₹8,000 crore IPO subscribed 51% on the first day with NIIs leading the charge
Vishal Mega Mart shares currently command a grey market premium of ₹19 at the end of the first day of bidding.
Fortune India
3h
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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