Mobikwik IPO sees strong demand on Day 2: Subscription zooms 9x, GMP up 53%

Mobikwik IPO Day 2: The initial public offering (IPO) of the payment services provider, One Mobikwik Systems, which was fully subscribed during the first hour of its subscription on Wednesday, December 11, 2024, continued to garner enthusiastic participation from investors on the second day of its subscription window.

The public offering of Mobikwik has received bids for 11,40,48,686 shares against 1,18,71,696 shares on offer, resulting in an oversubscription of 9.61 times.