Mobikwik CEO Bipin Preet Singh highlighted that many fintech companies raised substantial capital and ended up burning through it.
Mobikwik IPO Day 2: The strong subscription mirrors trends in the grey market, where Mobikwik's unlisted shares commanded a solid premium on Thursday.
Mobikwik IPO GMP today: According to market observers, Mobikwik shares are trading at a premium of โน136 in the grey market today.
Retail Individual Investors (RIIs) led the charge, bidding for 6.79 crore shares against 21.58 lakh shares allocated to them. Non-Institutional Investors (NIIs) ...
In comparison to its peers like PhonePe, Paytm, and PayPal, MobiKwik significantly lags in registered user base and diversified service offerings, ...
MobiKwik's INR 572 Cr IPO saw robust demand from retail individual investors (RII), resulting in an oversubscription for 36.23X.
MobiKwik IPO oversubscribed 7.3 times on first day, reducing size to โน572 crore due to market conditions.
Grey market premium (GMP) is the investor's willingness to pay more for a public issue. 11 Dec 2024, 04:13:07 PM IST. Mobikwik ...
The IPO has allocated 75% to qualified institutional buyers, 15% to non-institutional investors, and 10% to retail investors. On Tuesday, the company raised โน ...
MobiKwik's INR 572 Cr IPO saw a robust demand from retail investors, who bid for a whopping 5.79 Cr shares against 20.50 Lakh shares reserved for them. This ...