Mobikwik IPO GMP reached Rs 150 This IPO was subscribed more than 125 times This IPO is likely to be listed above ₹400

Mobikwik’s IPO has been subscribed more than 125 times The retail investors’ quota has been subscribed more than 141 times The company’s shares are trading at a premium of ₹150 in the grey market Mobikwik company’s IPO has received a good response This IPO has been subscribed more than 125 times There is a good response in the grey market as well Mobikwik shares are trading at a premium of more than 50% in the grey market Looking at the grey market premium of the shares, there is a possibility of a strong listing Mobikwik IPO was open for subscription from 11 December to 13 December 2024 The issue size was ₹572 crore Mobikwik is a fintech company

Mobikwik IPO may be above ₹400 Listing

The price of shares in Mobikwik IPO is ₹279 Talking about the grey market premium, it has reached ₹150 on Friday According to GMP, the shares of Mobikwik IPO can be listed at around ₹429 Those who will get the allotment of IPO can expect a profit of more than 53% The company’s shares will be available on both BSE and NSE exchanges on Wednesday, December 18, 2024 at 10:00 a.m. Will be listed on

Mobikwik IPO has been subscribed more than 125 times, can give high listing gain

Retail investors quota in Mobikwik IPO was subscribed 141.45 times and non-institutional investors category got 114.70 times subscription, while QIB category got 125.82 times subscription. There are 53 shares in one lot in IPO. Retail investors can invest for a maximum of 13 lots

Disclaimer

This information is for educational purpose only. Before making any investment and trading, you must take advice from your financial advisor

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