One MobiKwik Systems Limited’s IPO (initial public offering) has been concluded on Friday. The investors are now anxiously waiting to find out the status of the allotted shares. The IPO saw a great response, with a subscription rate of 119.33 times on the final day. Here’s a breakdown of the subscription numbers:
- Retail investors were the front-runners, with a massive 134.67 times subscription.
- Qualified Institutional Buyers (QIB) followed closely, with subscription rate of 119.50 times.
- Non-Institutional Investors (NIIs) came up with a subscription rate of 108.95 times.
MobiKwik’s IPO began on Wednesday, December 11, 2024, and concluded on Friday, December 13, 2024. The company aims to raise Rs 572 crores through this issue. Furthermore, retail investors had to buy at least 53 shares. The company was offering 2.05 shares for sale, with a price range of Rs 265 to Rs 279 apiece.
MobiKwik IPO: GMP
The Grey Market Premium (GMP) for MobiKwik’s IPO currently stands at Rs 158. According to grey market expectations, this IPO is likely to list with a premium of approximately 57% against the issue price range of Rs 265 to Rs 279 per share.
Easy Steps To Check Share Allotment Status
NSE Website
- Go on to the NSE’s website: https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp.
- Log in to check your IPO allotment status if you’re already registered, or register if you’re new.
- Select MobiKwik IPO from the drop-down list.
- Enter your application number and PAN (Permanent Account Number) details.
- Click on ‘Submit’ to see the allotment status.
Registrar’s Website
- Go to the Link Intime India Pvt. Ltd website at: https://linkintime.co.in/Initial_Offer/public-issues.html.
- Choose the MobiKwik IPO option from the available issues.
- Enter one of the following: your application number, Permanent Account Number (PAN), or Depository Participant (DP)/Client ID.
- Click the ‘Submit’ button to view the IPO allotment status.
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