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, based in Gurgaon, has established a price range of Rs 265 to Rs 279 per share for its initial public offering (IPO) worth Rs 572 crore. As of 12.15 pm, retail investors booked nearly 11 times their allocation,

The ₹572-crore initial public offering (IPO) of One MobiKwik Systems was fully subscribed within an hour of the issue's opening on Wednesday. According to data available (until 11:40am) with the National Stock Exchange,

The robust investor interest in Mobikwik's IPO aligns with its strong performance in the grey market. The company's shares are trading at Rs 415 apiece in the unofficial market, representing a grey market premium (GMP) of Rs 136 or a 48.

MobiKwik's [ONEM.NS] 5.72 billion-rupee ($67.4 million) IPO was snapped up in under an hour on Wednesday as retail investors flooded in, betting on the Indian fintech firm's long-term prospects in a booming online payments market and short-term gains once the stock lists.