Mobikwik IPO Opens Tomorrow: Check Key Dates, GMP, And Other Important Details Here

Bidders can apply for the Mobikwik IPO in lots, with each lot consisting of 53 shares. Ahead of the official opening, Mobikwik shares have already started trading in the grey market

Mobikwik IPO Opening Date: The Mobikwik IPO will open for subscription from December 11 to 13, 2024 (Wednesday to Friday)

Source : KFinTech

Mobikwik Systems Limited's initial public offering (IPO) will open for subscription tomorrow, December 11, 2024. The fintech company's IPO price band has been set at Rs 265 to Rs 279 per share. The subscription window will remain open from Wednesday to Friday, December 11 to 13, 2024.

Bidders can apply for the Mobikwik IPO in lots, with each lot consisting of 53 shares. Ahead of the official opening, Mobikwik shares have already started trading in the grey market, where they are currently being offered at a premium of Rs 132, according to stock market analysts.

Mobikwik IPO Details

Mobikwik IPO GMP Today: As per stock market observers, Mobikwik shares were trading at a grey market premium of Rs 132 on Tuesday.

Mobikwik IPO Opening Date: The Mobikwik IPO will open for subscription from December 11 to 13, 2024 (Wednesday to Friday).

Mobikwik IPO Size: The company aims to raise Rs 572 crore through the IPO, which will be entirely fresh issuance.

Mobikwik IPO Price Band: The price band for Mobikwik's book-built issue has been set between Rs 265 and Rs 279 per equity share.

Mobikwik IPO Lot Size: Bidders can apply in multiples of 53 shares per lot.

Mobikwik IPO Allotment Date: The tentative date for share allotment is December 14, 2024, with a possible delay until December 16, 2024.

Mobikwik IPO Registrar: Link Intime India Private Limited is the official registrar for the IPO.

Mobikwik IPO Lead Managers: SBI Capital Markets and DAM Capital Advisors are the lead managers for the IPO.

Mobikwik IPO Listing Date: The shares are expected to be listed on the BSE and NSE on December 18, 2024.

Mobikwik IPO Review: The market capitalisation of Mobikwik IPO is Rs 2,295.45 crore. For FY24, the company's revenue grew by approximately 59 per cent year-on-year, and its Profit After Tax (PAT) increased by nearly 117 per cent.