Mobikwik IPO day 1: GMP, subscription status, review, other details. Apply or not?

Mobikwik IPO: The initial public offering (IPO) of One Mobikwik Systems Limited has hit the Indian primary market today. Bidding for the public issue will begin from 10:00 AM today and remain open until 5:00 PM on 13th December 2024. The fintech company has fixed the Mobikwik IPO price band at ₹265 to ₹279 per equity share. The company aims to raise ₹572 crore from this public offer, which is entirely fresh. A bidder can apply in lots, and one lot of the Mobikwik IPO will comprise 53 company shares. According to stock market observers, One Mobikwik Systems Limited shares are available in the grey market. They said that Mobikwik shares are available at a premium of ₹132 in the grey market today.