Mobikwik IPO Day 3 Live Updates: Issue enters last day of subscription. Check GMP, review, other key details
Mobikwik IPO Day 3 Live Updates: The initial public offering (IPO) of fintech company One Mobikwik Systems enters into its third day of bidding today, December 13. Mobikwik IPO opened for subscription on December 11 and will close today. The public issue received strong demand and got oversubscribed within hours of opening. At the end of the second day of bidding, Mobikwik IPO was booked 20.37 times in total. The company plans to raise ₹572 crore from the issue at the upper-end of the price band of ₹265 to ₹279 per share. Led by high demand, Mobikwik IPO GMP today has spiked to ₹158 per share, indicating a 57% premium to the IPO price.