Last Updated:
The allotment of the MobiKwik IPO will likely be finalised on December 16 and its shares will likely be listed on each BSE and NSE on December 18.
MobiKwik IPO: Check Allotment Date and Latest GMP.
MobiKwik IPO Allotment Date, Latest GMP: The allotment of the MobiKwik IPO will likely be finalised on Monday, December 16. The initial public offering of One MobiKwik Systems Ltd closed on Friday and acquired an total 125.69 instances subscription. The MobiKwik IPO itemizing will happen on Wednesday, December 18. The newest GMP presently stands at 59.14 per cent, signalling a strong itemizing.
The preliminary public providing of One MobiKwik Systems Ltd, which was opened on between December 11 and December 13, acquired an total 125.69 instances subscription. The retail class recieved a 141.78 instances subscription in complete, the NII (non-institutional buyers) portion bought 114.7 instances subscription. Its QIB (certified institutional purchaser) class has been subscribed by 125.82 instances.
The worth band of the IPO was fastened at Rs 265 to Rs 279 apiece.
The shares of fintech firm One MobiKwik Systems Ltd are scheduled to be listed on each BSE and NSE on December 18, Wednesday.
The IPO allotment will likely be finalised on the Monday night. Once allotted, buyers will obtain a financial institution debit message. They may verify the IPO allotment standing on the web sites of BSE and NSE, in addition to on registrar Link Intime’s portal.
MobiKwik IPO GMP Today
According to market observers, unlisted shares of MobiKwik Systems Ltd are presently buying and selling at Rs 444 per share within the gray market, which is Rs 165 or 59.14 per cent greater than the IPO challenge worth of Rs 279. It signifies a stellar itemizing on December 18.
The 59.14 per cent GMP is greater than the 55.9 per cent gray market premium recorded on the primary day of the IPO.
The GMP relies on market sentiments and retains altering. ‘Grey market premium’ signifies buyers’ readiness to pay greater than the difficulty worth.
MobiKwik IPO: How To Check Allotment Status Online?
The IPO allotment standing might be checked on-line by following these steps:
1) Go to the official BSE web site by way of the URL —https://www.bseindia.com/investors/appli_check.aspx.
2) Under ‘Issue Type’, choose ‘Equity’.
3) Under ‘Issue Name’, choose ‘MobiKwik Systems Ltd’ within the dropbox.
4) Enter your software quantity, or the Permanent Account Number (PAN).
5) Then, click on on the ‘I’m not a robotic’ to confirm your self and hit ‘Search’ choice.
Your share software standing will seem in your display.
You may go to direct Link Intime Ltd’s portal — https://www.linkintime.co.in/Initial_Offer/public-issues.html and verify the MobiKwik IPO allotment standing.
MobiKwik IPO: More Details
The public challenge is completely a recent issuance of fairness shares price as much as Rs 572 crore with no offer-for-sale (OFS) element. The firm’s IPO worth band stood at Rs 265-279 per share.
A day earlier than the IPO, One MobiKwik Systems garnered Rs 257 crore from anchor buyers.
This was the second try by the Gurugram-based agency for the general public challenge following its first try in July 2021. Earlier, the corporate shelved its IPO plans and withdrew the draft papers as a result of unfavourable market circumstances.
Mobikwik has diminished its IPO dimension from its earlier plans of Rs 1,900 crore in 2021 to Rs 700 crore in January this yr to Rs 572 crore now.
Founded by Bipin Preet Singh and Upasana Taku, MobiKwik — the corporate’s flagship software — gives customers entry to varied fee choices and monetary merchandise in digital credit score, investments and insurance coverage.
SBI Capital Markets and DAM Capital Advisors Ltd are the book-running lead managers to the provide.
