Last Updated:
Mobikwik IPO Allotment Status: The IPO shut on Friday on a high note obtaining frustrating capitalist passion.
The MobiKwik IPO attained a general registration of 125.69 times, highlighting its appeal amongst market individuals
MobiKwik IPO: The much-awaited allocation for One MobiKwik Systems Ltd’s Initial Public Offering (IPO) was settled on December 16, noting the following important action for the fintech titan after its unquestionable success in the registration stage. The IPO, which shut on a high note on December 13, saw frustrating capitalist involvement, making it among one of the most expected listings in current times.
Record-High Subscription Numbers
The MobiKwik IPO obtained an outstanding action, with a general registration of 125.69 times, showing durable need throughout capitalist groups:
- Retail Investors: Subscribed 141.78 times
- Non-Institutional Investors (NII): Subscribed 114.7 times
- Qualified Institutional Buyers (QIB): Subscribed 125.82 times
Priced in the series of Rs 265 to Rs 279 per share, the IPO has actually placed itself as one of one of the most in-demand fintech public offerings in current background.
MobiKwik IPO GMP Trends
MobiKwik’s grey market costs (GMP) remains to present favorable view, with shares trading at Rs 444– an excellent costs of Rs 165 or 59.14% over the top cost band. The constant increase in GMP emphasizes capitalist self-confidence and interest for MobiKwik’s upcoming launching.
What’s Next?
With solid grey market costs and impressive registration numbers, capitalist self-confidence in MobiKwik’s public launching goes to an all-time high. As the supply prepares for its listing, market viewers expect substantial listing gains, better strengthening MobiKwik’s placement in the fintech area.
Key Dates for Allotment and Listing
MobiKwik IPO Allotment Date
- Allotment Finalisation: December 16
- Refund Initiation for Non-Allottees: December 17
- Shares Credited to Demat Accounts: December 17
MobiKwik IPO Listing Date
Listing Date: December 18 (on BSE and NSE)
How to Check MobiKwik IPO Allotment Status
Investors can examine their allocation standing online with 2 systems:
1. BSE Portal
- Visit: BSE Allotment Page
- Select “Equity” under “Issue Type”
- Choose “MobiKwik Systems Ltd” from the dropdown menu.
- Enter your application number or PAN, solve the CAPTCHA, and click “Search”.
2. Registrar’s Website
- Visit: Link Intime IPO Portal.
- Enter the needed information, consisting of application number or frying pan, to access your allocation standing.
About the MobiKwik IPO
- Issue Size: Rs 572 crore, totally made up of fresh equity shares.
- Anchor Investment: Raised Rs 257 crore from support financiers in advance of the IPO.
- Streamlined Approach: The IPO dimension was reduced from its earlier 2021 strategies of Rs 1,900 crore to much better straighten with present market problems.
About MobiKwik
Founded by Bipin Preet Singh and Upasana Taku, MobiKwik is a leading fintech system offering electronic settlement remedies, credit report gain access to, insurance coverage, and financial investment solutions. The IPO marks a considerable landmark in the business’s development trip, highlighting its concentrate on lasting development and market management.
