Read MobiKwik IPO Date, Price Band, Listing, Review, GMP, Allotment, Subscription Details and company data and Grey market price in Comments, Article Published in Initial public offering section on e akhabaar
MobiKwik the online digital wallet platform is ready to bring its Initial Public Offer (IPO). The main and initial step has been taken to launch the IPO. According to the reports, DRHP (Draft Red Herring Prospectus) has been filed with the Securities and Exchange Board of India (SEBI) on July 12, 2023. The Details have been shared by the board and underwriters via this DRHP. Here is the complete detail available including IPO date, IPO price and Subscription Status, etc.
MobiKwik IPO Date
This firm has been incorporated in the year 2009 and was founded by Bipin Preet Singh and Upasana Taku. There are various investors including the name Sequoia Capital India, Bajaj Finance NSE 0.08 %, American Express, Cisco and Abu Dhabi Investment Authority. So far the company has achieved marvelous growth including amazing profit. Even it is the largest firm that offers a buy now pay later (BNPL) facility. The major firm that works with them is Bajaj Finance.
Through this upcoming IPO company planning to raise about Rs 1900 crore. While the fresh issue will be Rs 1500 crores and offer for sale up to 400 crores.
MobiKwik IPO Review
IPO Opening: | updated soon |
IPO Closing: | updated soon |
IPO Size: | Approx ₹1900 Crores |
Fresh Issue: | Approx ₹1500 Crores |
Offer for Sale: | Approx ₹400 Crores |
Face Value: | ₹2 Per Equity Share |
Price Band: | ₹ to ₹ Per Share |
Listing on: | BSE & NSE |
Retail Portion: | 35% |
Equity: | _ Shares |
The IPO date is not yet announced by the underwriters. When the official launch date is announced, we will notify you immediately. Till the moment you have to wait for the info. Along with the IPO date, various another detail will also come there including Market Lot, Subscription Status, Allotment & Listing detail also.
MobiKwik (IPO) Listing Date
Basis of Allotment: | To be updated soon |
Refunds: | To be updated soon |
Credit to Demat Account: | To be updated soon |
Listing Date: | To be updated soon |
The listing of this MobiKwik IPO will be initiate on the BSE & NSE both the exchanges. You can trade this share on both exchanges. Any interested investor can buy this IPO through any registered stockbroker. They only need to have a Demat account along with some funds which will need to apply for the IPO.
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