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IPO, MobiKwik and India
MobiKwik's $67 million India IPO overbought on first day as retail investors swoop in
MobiKwik's [ONEM.NS] 5.72 billion-rupee ($67.4 million) IPO was snapped up in under an hour on Wednesday as retail investors flooded in, betting on the Indian fintech firm's long-term prospects in a booming online payments market and short-term gains once the stock lists.
MobiKwik’s $67 million India IPO fully sold in first hour as retail investors rush in
ONE-MOBIKWIK-SYSTEMS-IPO:MobiKwik’s $67 million India IPO fully sold in first hour as retail investors rush in
One MobiKwik Systems IPO subscribed 7.3 times on first day of offer
The initial public offering (IPO) of fintech company One MobiKwik Systems got subscribed 7.3 times, receiving an overwhelming response from retail investors, on the first day of sale on Wednesday (December 11, 2024).
MobiKwik IPO: Issue oversubscribed 7.73X on Day 1, retail investors subscribe 26.75X, NII 8.98X
The IPO of One MobiKwik Systems Limited was quickly oversubscribed within an hour of bidding, primarily driven by retail and Non-Institutional Investors, as per available data.
MobiKwik IPO subscribed 7.32 times on day 1 of issue, retail investors dominate with highest bids; Latest GMP here
MobiKwik IPO was subscribed 7.32 times on the first day of subscription, with the portion reserved for retail investors booked the highest among the three groups of investors.
MobiKwik IPO: Fully subscribed within an hour as investor interest soars on day one
MobiKwiks IPO has sparked strong investor interest, being fully subscribed within an hour of its launch. Heres what you need to know about this public issue.
Why are retail investors gung-ho about MobiKwik IPO? Know it from CEO Bipin Preet Singh
The IPO is entirely a fresh issue of up to Rs 572 crore and will close on December 13, Friday. Singh further added that promoters are not selling any shares in this IPO.
5h
Swedish regulator slaps IPO-hopeful Klarna with $45 million fine over money laundering breach
Sweden said Klarna had "significant deficiencies" in its general approach to risk assessment, which could lead to money ...
4h
on MSN
ServiceTitan raises IPO price on deal demand and appetite for new issuers
In a big move, ServiceTitan boosted its estimated price range to $65 to $67 a share, from $52 to $57 previously.
24/7 Wall St
2h
Red-Hot AI IPO Cerberas Claims Chips are 20X Faster Than NVIDIA (NVDA)
NVIDIA (Nasdaq: NVDA) has a dominant market share in AI chips. Companies like Broadcom (Nasdaq: AVGO) and Marvell (Nasdaq: ...
52m
Vishal Mega Mart IPO day 1: GMP, subscription status, review, other details. Apply or not?
According to stock market observers, the company’s shares are available at a premium of ₹26 in the grey market today.
22h
Klarna Adds a Dozen Banks to US IPO Roster as Listing Nears
Klarna Group Plc has added around 12 banks to the list of firms working on its US initial public offering, according to ...
22h
Warburg Pincus not considering an IPO anytime soon, CEO says
Warburg Pincus, a private equity firm with about $86 billion in assets under management, is not planning to explore an ...
BioSpace
3h
After Making the IPO Jump, Biotechs Landed On a Slippery Slope
Around 25 companies have gone public this year, most of them in the early months. Most have tumbled from their original offer ...
1d
Kioxia’s Jumbo IPO Shows Weak Sign Contrary to Booming Market
Kioxia Holdings Corp.’s mammoth initial public offering contains one sign that investor demand for its shares may lack ...
1d
Novo Banco ready to explore IPO opportunities, aims to stay independent
Portugal's fourth-largest bank, Novo Banco, is ready to explore opportunities of going public to diversify its shareholder ...
Fortune India
6h
MobiKwik IPO booked 7x on Day 1; Vishal Mega Mart, Sai Life Sciences off to muted start
The ₹572-crore IPO of MobiKwik was subscribed over 26 times in retail category, followed by 7.5 times in NII segment.
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