MobiKwik IPO Listing, Share Price LIVE: Stock jumps 16.7% after listing at 57.7% premium on NSE

4 min read | Updated on December 18, 2024, 13:29 IST

SUMMARY

MobiKwik Share Price LIVE: MobiKwik shares were listed at ₹440 a unit on the National Stock Exchange (NSE) on Wednesday, a premium of 57.71% to the issue price of ₹279 apiece.

MobiKwik had garnered ₹257 crore from anchor investors.

MobiKwik IPO Share Price Live Update at 1:29 pm: Price information

Current price: ₹513.60 (+16.73%)
Issue price: ₹279
Open: ₹440
High: ₹525
Low: ₹440

MobiKwik IPO Share Price Live Update at 12:42 pm: The stock is up 17.42% to ₹516.65 per share on the NSE.

MobiKwik IPO Share Price Live Update at 12:15 pm: How will the company use IPO proceeds?

Fund payment services and financial services businesses
Research and development in ML, data, AI, and product and technology
Capital expenditure for payment devices business
General corporate purposes

MobiKwik IPO Listing, Share Price Live Update at 11:49 am: Shares of One MobiKwik Systems are trading at ₹507.95, up 15.4%, on the NSE.

MobiKwik IPO Listing, Share Price Live Update at 11:23 am: Trade information

Traded volume (Lakhs): 197.74 Traded value: ₹963.06 crore Traded market cap: ₹3,946.08 crore

MobiKwik IPO Listing, Share Price Live Update at 11:01 am: The stock has jumped 16.7% to ₹513.5 a unit after listing at a 57.7% premium on the NSE.

MobiKwik IPO Listing, Share Price Live Update at 10:40 am: Price information

Current price: ₹503 (+14.32%)
Issue price: ₹279
Open: ₹440
High: ₹525
Low: ₹440

MobiKwik IPO Listing, Share Price Live Update at 10:20 am: The market capitalisation of MobiKwik stands at ₹3,977.54 crore as shares are up 16.36% to ₹512 apiece on the NSE.

MobiKwik IPO Listing, Share Price Live Update at 10:05 am: After listing at 57.71% premium on the National Stock Exchange, MobiKwik shares jumped 10% to ₹484 apiece.

MobiKwik IPO Listing, Share Price Live Update at 10:00 am: The stock debuted at a premium of 58.51% at ₹442.25 apiece on the BSE.

MobiKwik IPO Listing, Share Price Live Update at 9:48 am: MobiKwik shares were listed at ₹440 a unit on the National Stock Exchange (NSE) on Wednesday, a premium of 57.71% to the issue price of ₹279 apiece.

MobiKwik IPO Listing, Share Price Live Update at 9:36 am: About the company

MobiKwik offers online payment and prepaid digital wallet services. It allows customers to pay utility bills, transfer money, and make purchases at online and offline merchants.

MobiKwik IPO Listing, Share Price Live Update at 9:22 am: What was the lot size?

For retail investors, the minimum investment was one lot, consisting of 53 shares worth ₹14,787.

MobiKwik IPO Listing, Share Price Live Update at 8:43 am: Financials

Particulars	FY22	FY23	FY24	Q1FY25
Revenue	₹526.57cr	₹539.47cr	₹875cr	₹342.27cr
Net Profit	₹-128.16cr	₹-83.81cr	₹14.08cr	₹-6.62cr

MobiKwik IPO Listing, Share Price Live Update at 8:29 am: Price band

The IPO price band was set between ₹265 to ₹279 per share.

MobiKwik IPO Listing, Share Price LIVE: Shares of One MobiKwik Systems (MobiKwik) are set to be listed on the stock exchanges on Wednesday, December 18. During the three-day bidding period, the initial share sale received a robust response from investors, with the IPO being subscribed 119.38 times.

It received bids from investors for 141.72 crore shares against 1.18 crore shares available to subscribe, according to the cumulative data on the National Stock Exchange (NSE).

Retail investors were the most interested, subscribing 134.67 times. Qualified institutional buyers (QIBs) booked their part 119.50 times, and the non-institutional investors (NIIs) category received a 108.95 times subscription.

With a price band of ₹265-₹279, the MobiKwik IPO was a fresh offering of shares worth ₹572 crore.

The MobiKwik IPO allotment status was finalised on December 16.

MobiKwik IPO listing date and time

MobiKwik shares will make their secondary market debut on Wednesday, December 18, at 10 am.

To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.

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MobiKwik IPO Listing, Share Price LIVE: Stock jumps 16.7% after listing at 57.7% premium on NSE

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