{"id":886911,"date":"2024-12-12T09:01:36","date_gmt":"2024-12-12T03:31:36","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=886911"},"modified":"2024-12-12T09:11:28","modified_gmt":"2024-12-12T03:41:28","slug":"mobikwiks-67-million-india-ipo-fully-sold-in-first-hour-as-retail-investors-rush-in","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/12\/12\/mobikwiks-67-million-india-ipo-fully-sold-in-first-hour-as-retail-investors-rush-in\/","title":{"rendered":"MobiKwik\u2019s $67 million India IPO fully sold in first hour as retail investors rush in"},"content":{"rendered":"<p>(Reuters) -Indian digital payments firm MobiKwik&#8217;s [ONEM.NS] 5.72 billion-rupee ($67.4 million) initial public offering (IPO) was fully subscribed within the first hour of sale on Wednesday, as investors bet on strong growth prospects in India&#8217;s booming online payments market. <\/p>\n<p>Retail investors placed bids for nearly five times the shares reserved for them, while the portion for non-institutional investors was fully sold, exchange data showed.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) -Indian digital payments firm MobiKwik&#8217;s [ONEM.NS] 5.72 billion-rupee ($67.4 million) initial public offering (IPO) was fully subscribed within the first hour of sale on Wednesday, as investors bet on strong growth prospects in India&#8217;s booming online payments market. Retail investors placed bids for nearly five times the shares reserved for them, while the portion for non-institutional investors was fully sold, exchange data showed.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,13,4],"tags":[],"class_list":["post-886911","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/886911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=886911"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/886911\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=886911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=886911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=886911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}