One Mobikwik Systems’ stock makes stunning market debut; jumps over 58%

Shares of fintech firm One Mobikwik Systems Ltd on Wednesday listed with a huge premium of over 58 percent against the issue price of Rs 279.

The stock began the trade at Rs 442.25, reflecting a jump of 58.51 percent from the issue price on the BSE. Later, it zoomed 87.81 percent to Rs 524.

At the NSE, shares of the firm listed at Rs 440, surging 57.70 percent.

The company’s market valuation stood at Rs 3,435.68 crore.