Mobikwik IPO to open on December 11, price band set at Rs 265-279 per share

MobiKwik Systems has announced a Rs 572 crore IPO, scaled down from its initial Rs 1,900 crore target. The IPO opens on December 11 and closes on December 13. The company plans to use the proceeds for growth in financial services, payment expansion, and technology development. MobiKwik recently achieved profitability after two years of losses.

Dec 7, 2024 - 14:00
Mobikwik IPO to open on December 11, price band set at Rs 265-279 per share

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MobiKwik Systems has announced a Rs 572 crore IPO, scaled down from its initial Rs 1,900 crore target. The IPO opens on December 11 and closes on December 13. The company plans to use the proceeds for growth in financial services, payment expansion, and technology development. MobiKwik recently achieved profitability after two years of losses.
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