Mobikwik IPO listing on December 18: Here’s what latest GMP indicates

The unlisted shares of digital payment services provider One Mobikwik System were commanding a solid premium in grey markets ahead of their listing scheduled on Wednesday, December 18, 2024.

On Tuesday, Mobikwik shares, as revealed by sources tracking unofficial markets, were trading at Rs 444 apiece, reflecting a grey market premium (GMP) of Rs 165 or 59.14 per cent per share, against the issue price of Rs 279, which is also the upper end of the IPO price band.