MobiKwik IPO Share Price Highlights: The stock saw a strong debut on NSE, BSE. It listed at 57% premium to issue price. The issue received an overwhelming response from the investors. They subscribed to the issue a total of 125.69 times. The retailers booked it 141.78 times and NIIs 114.7 times. The QIBs subscribed to the IPO 125.82 times.
Mobikwik raised Rs 572 crore by selling 2.05 crore fresh shares. The IPO bidding was started on December 11 and ended on December 13. The allotment for Mobikwik IPO was finalised on December 16. The IPO price band ranged from Rs 265 to Rs 279 per share. SBI Capital Markets, DAM Capital Advisors (Formerly IDFC Securities) were the book-running lead managers of the IPO.
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On its listing day, MobiKwik’s shares closed at Rs 530.70 on the BSE, marking a 19.91 per cent increase from the listing price. On the NSE, the stock ended at Rs 528.00, a 20 per cent gain.
15:09 (IST) 18 Dec 2024 MobiKwik IPO Share Price Live Updates: Mobikwik Stock update
Mobikwik stocks, after their debut on Indian bourses, as of 14:48 pm IST, were trading at Rs 530.70, up by 20 percent. Similarly, on the NSE, the shares were trading at Rs 528, up by 20 percent.
14:39 (IST) 18 Dec 2024 MobiKwik IPO Share Price Live Updates: Anchor Investor Lineup
Prominent foreign and domestic institutions that participated in the anchor investor segment included major names such as the Government Pension Fund (Norges Fund), Eastspring Investments, Morgan Stanley Investments, White Oak Capital, 360 One Asset & Wealth Management, HDFC Mutual Fund, Axis Mutual Fund, SBI Mutual Fund,
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