Mobikwik IPO GMP zooms 40% ahead of Dec 11 opening; Key details from RHP

Mobikwik IPO GMP today: Shares of digital wallet and online payment services provider One Mobikwik Systems are buzzing in the grey market ahead of their much-awaited initial public offering (IPO). Sources tracking grey market activities revealed that Mobikwik shares were trading at Rs 390 apiece, reflecting a grey market premium (GMP) of Rs 111 or 39.78 per cent per share against the upper end of the IPO price band of Rs 279.