One MobiKwik Systems IPO Fully Subscribed on Day 1 Amid Strong Market Potential

#Other#Equity Indices#Fintech#Mobikwik IPO#Meta#Mobikwik#Finance#Inflation#One Mobikwik Systems#IPO Applications#Bipin Preet Singh#Fintech Trends#Bse#National Stock Exchange#Phonepe#Public Offerings#India#Nse#Financial Growth#Digital Payments#Stock Market#Subscription#IPO#Investment#Grey Market#Indian Share Market Trends Today#Mumbai Stock Exchange

www.goodreturns.in

One MobiKwik Systems IPO Fully Subscribed on Day 1 Amid Strong Market Potential

1560+ Words Refined into 6 Facts by AI • 13 sources • 1d ago

Show Full Summary

One MobiKwik Systems IPO aims to raise Rs 572 crore through fresh shares.
IPO fully subscribed 1.41 times overall by 11:12 am on opening day.
India's digital transaction value reached $30 trillion in FY24.
MobiKwik's total income grew at a CAGR of 28% from FY22 to FY24.
Brokerage firms recommend a 'Subscribe' rating for MobiKwik's IPO.
Analysts caution about MobiKwik's exposure to market competition risks.

The sources of this summary are listed below. Click to view.

www.livemint.com thumbnail — www.livemint.com

Related Update: 14 mins later

MobiKwik's IPO Surges: $67 Million Raised in Hour

666+ Words Refined into 5 Facts by AI • 1 source • 1d ago

Show Full Summary

MobiKwik completed its IPO of 5.72 billion rupees ($67.4 million) in the first hour.
The IPO is open for bids from December 11-13, with trading starting on December 18.
IPO exclusively consists of new shares from existing shareholders like Bajaj Finance.
Previous IPO attempt was in July 2021, postponed due to market conditions.
In 2024, nearly 300 companies raised over $15 billion in India's IPO market.

The sources of this update are listed below. Click to view.

www.zeebiz.com thumbnail — www.zeebiz.com

Related Update: 42 mins later

Strong Demand for MobiKwik IPO on Day One

486+ Words Refined into 5 Facts by AI • 1 source • 1d ago

Show Full Summary

IPO received 2,46,05,091 shares bid on first day
Exceeds offered shares of 1,18,71,696
Indicates robust investor confidence in MobiKwik
IPO success may enhance financial stability
Market analysts expect growing demand in coming days

The sources of this update are listed below. Click to view.

www.businesstoday.in thumbnail — www.businesstoday.in

Related Update: 48 mins later

MobiKwik IPO Sees Rapid Subscription and Strong Demand

552+ Words Refined into 5 Facts by AI • 1 source • 1d ago

Show Full Summary

MobiKwik's IPO was fully subscribed within one hour.
Retail portion was booked over 11 times.
IPO aims to raise Rs 572 crore through 2,05,01,792 equity shares.
Grey market premium (GMP) is between Rs 135-140.
Vishal Mega Mart and Sai Life Sciences saw 18% and 5% subscriptions.

The sources of this update are listed below. Click to view.

www.freepressjournal.in thumbnail — www.freepressjournal.in

Related Update: 9 mins later

MobiKwik IPO: Strong Demand and Financial Growth

780+ Words Refined into 8 Facts by AI • 1 source • 1d ago

Show Full Summary

IPO was fully subscribed within two hours of launch
Investors applied for over 2.92 crore shares
Retail portion booked 10.89 times with 2.23 crore shares bid
QIBs saw only 0.12% subscription
Funds will be used for AI and machine learning investments
Shares trading at Rs 273 with 48% grey market premium
Revenue increased 62.19% to Rs 87 crore in FY24
Net profit of Rs 14.08 crore compared to previous loss

The sources of this update are listed below. Click to view.

Related Update: 8 hours later

MobiKwik IPO Fully Subscribed in First Hour

768+ Words Refined into 7 Facts by AI • 1 source • 1d ago

Show Full Summary

IPO was fully subscribed within the first hour of trading.
Received bids for 2,16,17,852 shares against 1,18,71,696 shares offered.
Retail category subscribed 7.69 times, non-institutional 1.55 times.
Proceeds will support organic growth and AI advancements.
Secured Rs 257 crore from anchor investors on December 10.
Second IPO attempt after 2021 withdrawal due to market conditions.
Reported a profit of Rs 14.08 crore in FY24.

The sources of this update are listed below. Click to view.

www.indiatoday.in thumbnail — www.indiatoday.in

Related Update: 2 hours later

Mobikwik IPO Sees Strong Demand on Day 1

810+ Words Refined into 8 Facts by AI • 1 source • 23h ago

Show Full Summary

IPO was fully subscribed within 90 minutes of opening.
Bids reached 3,96,80,623 shares against 1,18,71,696 shares offered.
Retail Individual Investors subscribed 14.54 times their portion.
Non-Institutional Investors subscribed 3.20 times.
Qualified Institutional Buyers received only 8,798 bids.
Grey market trading at Rs 415, 48.75% above IPO price.
Shares credited to demat accounts on December 17, 2024.
Mobikwik to debut on BSE and NSE on December 18, 2024.

The sources of this update are listed below. Click to view.

Related Update: 4 hours later

Mobikwik IPO Sees Strong Demand and Growth

942+ Words Refined into 10 Facts by AI • 1 source • 19h ago

Show Full Summary

IPO subscribed 7.32 times on first day
Retail portion subscribed 26.75 times
Grey market premium (GMP) at ₹136
Projected listing price of ₹415
Revenue growth of 59% year-on-year
Profit after tax (PAT) increased by 117%
Proceeds will enhance financial services and technology
EBITDA margin improved from (21.24%) to 4.18%
IPO managed by SBI Capital Markets and DAM Capital Advisors
Expected allotment date is December 14, 2024

The sources of this update are listed below. Click to view.

money.rediff.com thumbnail — money.rediff.com

Related Update: 2 hours later

MobiKwik IPO: Strong Demand and Profit Report

738+ Words Refined into 6 Facts by AI • 2 sources • 16h ago

Show Full Summary

IPO was fully subscribed within one hour.
Retail Individual Investors subscribed 7.69 times their portion.
Proceeds will support organic growth and AI investments.
MobiKwik reported a profit of Rs 14.08 crore for FY24.
Shares to be listed on BSE and NSE.
Prominent investors include Government Pension Fund and Morgan Stanley Investments.

The sources of this update are listed below. Click to view.

www.thehindu.com thumbnail — www.thehindu.com

Related Update: 3 hours later

MobiKwik IPO Sees Strong Demand and Subscription

666+ Words Refined into 7 Facts by AI • 4 sources • 13h ago

Show Full Summary

IPO was 7.3 times subscribed on December 11, 2024.
Bids reached 8,68,26,031 shares, exceeding offered shares.
IPO size reduced from ₹1,900 crore in 2021 to ₹572 crore.
Bipin Preet Singh: “The company is sustainable and profitable...”
MobiKwik secured ₹257 crore from anchor investors.
Reported a profit of ₹14.08 crore for FY24.
IPO closes on December 13, 2024.

The sources of this update are listed below. Click to view.

www.cnbctv18.com thumbnail — www.cnbctv18.com

Related Update: 7 hours later

MobiKwik IPO Subscription Hits 14.28 Times

648+ Words Refined into 5 Facts by AI • 1 source • 5h ago

Show Full Summary

MobiKwik IPO received bids for over 16.95 crore shares
Overall subscription reached 14.28 times by second day
Retail portion subscribed 50 times, indicating strong demand
Grey market premium (GMP) at ₹136 per share
Expected allotment date is December 16

The sources of this update are listed below. Click to view.

www.moneycontrol.com thumbnail — www.moneycontrol.com

Related Update: 14 mins later

Strong Subscription Rates for MobiKwik and Others

600+ Words Refined into 5 Facts by AI • 1 source • 5h ago

Show Full Summary

One MobiKwik's IPO raised Rs 257 crore from anchor investors.
Received bids for 8.67 crore shares against 1.18 crore shares offered.
Vishal Mega Mart's IPO subscribed 51 percent on first day.
Vishal Mega Mart shares trading at 30 percent premium in grey market.
Sai Life Sciences' IPO subscribed 84 percent on first day.

The sources of this update are listed below. Click to view.

www.business-standard.com thumbnail — www.business-standard.com

Related Update: 5 hours later

MobiKwik IPO Sees Strong Subscription Demand

486+ Words Refined into 4 Facts by AI • 1 source • 0m ago

Show Full Summary

One MobiKwik Systems' IPO was subscribed 16.89 times.
Bids exceeded 20 million shares against 1.18 million shares offered.
IPO is set to close on December 13, 2024.
Price band for the IPO is Rs 265 to Rs 279 per share.

The sources of this update are listed below. Click to view.

One MobiKwik Systems IPO Fully Subscribed on Day 1 Amid Strong Market Potential

One MobiKwik Systems IPO Fully Subscribed on Day 1 Amid Strong Market Potential

MobiKwik's IPO Surges: $67 Million Raised in Hour

Strong Demand for MobiKwik IPO on Day One

MobiKwik IPO Sees Rapid Subscription and Strong Demand

MobiKwik IPO: Strong Demand and Financial Growth

MobiKwik IPO Fully Subscribed in First Hour

Mobikwik IPO Sees Strong Demand on Day 1

Mobikwik IPO Sees Strong Demand and Growth

MobiKwik IPO: Strong Demand and Profit Report

MobiKwik IPO Sees Strong Demand and Subscription

MobiKwik IPO Subscription Hits 14.28 Times

Strong Subscription Rates for MobiKwik and Others

MobiKwik IPO Sees Strong Subscription Demand

Twitter Post