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MobiKwik IPO price range set at Rs 265-279 for December 11 launch

Business Standard LogoBusiness Standard2w ago

MobiKwik IPO price range set at Rs 265-279 for December 11 launch - Business Standard

Quick Summary:

In FY24, MobiKwik recorded its first fully profitable year, reporting a profit after tax (PAT) of Rs 14.08 crore, following a loss of Rs 83.

Fintech firm MobiKwik is all set to launch its initial public offering (IPO) on December 11.

The company now plans to raise Rs 572 crore from the public markets.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-06 @ 20:27:05 (2 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 609 words

Reading Time: 4 minutes read

Sentences: 43 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24169225

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 228 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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