MobiKwik IPO opens on Wednesday. Check GMP, price band and key details
initial public offering (IPO) of the digital payments platform One MobiKwik Systems is set to open for public subscription on Wednesday, December 11, and will close on December 13.
Ahead of the issue, the grey market premium (GMP) for MobiKwik shares is around Rs 125-130, indicating a 45% premium over the issue price.
The company has set a price band of Rs 265-279 per share for its IPO. The IPO is a book-built issue of Rs 572.00 crore, and the offering includes a fresh issue of up to 2.05 crore equity shares.
MobiKwik IPO: GMP today
The grey market activity signals strong demand, with Tuesday's GMP of Rs 125-130 indicating a potential listing premium of over 45%.
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