MobiKwik's IPO was fully subscribed within an hour of launch, indicating a successful market debut. (Bajaj) MobiKwik IPO: MobiKwik's initial public offering (IPO) launched on December 11, 2024, and has already been fully subscribed within the first hour.

Mobikwik's Rs 572 crore IPO saw strong investor interest on its first day, being subscribed 7.3 times. Retail investors led the charge, bidding for 27 times their allocated quota. The company plans to use the proceeds for business growth and lending partner guarantees.

The initial public offering (IPO) of fintech giant One Mobikwik Systems is set to hit the primary market this week. Positioned as a mainboard IPO, the Mobikwik issue will compete with the IPOs of Vishal Mega Mart and Sai Life Sciences,

Mobikwik IPO price band has been fixed at ₹265 to ₹279 per share and the IPO lot size is 53 shares. The fintech company aims to raise ₹572 crore from the issue which is entirely a fresh issue of 2.05 crore equity shares.

MobiKwik's IPO was fully subscribed within hours, with a subscription rate of 2.61 times by 11:11 AM on the first day. Retail investors subscribed 10.88 times, while non-institutional investors subscribed 2.

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MobiKwik IPO was subscribed 7.32 times on the first day of subscription, with the portion reserved for retail investors booked the highest among the three groups of investors.

The initial public offering (IPO) of the digital payments platform One MobiKwik Systems will begin accepting public subscriptions on December 11, aiming to raise Rs 572 crore from the primary market.

MobiKwik Systems on Tuesday said it has garnered Rs 257 crore from anchor investors ahead of its initial public offering (IPO) . Foreign and domestic institutions who participated in the anchor round included Government Pension Fund (Norges Fund),