One MobiKwik Systems Limited’s IPO (initial public offering) has been concluded after a three-day bidding period on Friday, December 13, 2024. The investors are now waiting to find out if they’ve been allotted shares in the IPO. The company may finalize the allotment today. The IPO saw an overwhelming response, with an overall subscription reaching 119.33 times the available shares on the third day. Given below is the list of how different groups subscribed:
- Retail investors: 134.67 times (exceeding their allotted quota).
- Qualified Institutional Buyers (QIBs): 119.50 times.
- Non-institutional investors (NIIs): 108.95 times.
One MobiKwik Systems’ IPO started on December 11, 2024, and ended on December 13, 2024. The company aimed to raise Rs 572 crores from this share sale. Furthermore, the minimum investment requirement was 53 shares. The company offered 2.05 crore shares for sale, with a price band of Rs 265 to Rs 279 apiece.
MobiKwik IPO: Grey Market Premium
According to media reports, the Grey Market Premium (GMP) for MobiKwik’s IPO currently stands at Rs 59.14%. In the grey market, the shares were trading at Rs 444 against the IPO price band of Rs 265 to Rs 279 per share.
How To Check Share Allotment Status?
On NSE Website
- Check into the NSE’s website: https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp.
- Log in to see IPO allotment status if already registered, or register if you’re new.
- Choose the MobiKwik IPO from the drop-down list.
- Provide your application number and PAN (Permanent Account Number) details.
- Tab on ‘Submit’ to see the allotment status.
On Registrar’s Website
- Dive into the Link Intime India website at: https://linkintime.co.in/Initial_Offer/public-issues.html.
- Select the MobiKwik IPO option in the available issues.
- Enter one of the these: application number, Permanent Account Number (PAN), or Depository Participant (DP)/Client ID.
- Tab on the ‘Submit’ button to view the allotment status.
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