Mobikwik IPO oversubscribed by 119.38x on last day, retail portion by 134x

From Google: 2024-12-13 10:21:25

The Mobikwik IPO has been subscribed 119.38 times on the final day, with the retail portion oversubscribed by 134x. This marks a successful offering for the digital payments company, indicating strong investor interest in the IPO. The IPO received a total of 53.58 million bids for 4.49 million shares on offer. This strong demand is a positive sign for Mobikwik’s future growth and expansion in the digital payments market. Investors are eagerly awaiting the listing of Mobikwik’s shares on the stock market to see how they perform.



Read more at Google: Mobikwik IPO Day 3 Live Updates: Issue subscribed 119.38 times on final day, retail portion booked 134x | Stock Market News – Mint