One MobiKwik Systems IPO gets subscribed 20.37X on Day 2; retail investors steal the show

Quick Summary:

The IPO received bids for 24,18,36,721 shares against 1,18,71,696 shares on offer, data available with the NSE showed.

SBI Capital Markets and DAM Capital Advisors Ltd are the book-running lead managers to the offer.

Earlier, the company shelved its IPO plans and withdrew the draft papers due to unfavourable market conditions.

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Article Details

Author / Journalist: Press Trust of India

Category: StartupsEconomyBusiness

Markets: India

Topics: Crore Offer Data Shares Systems Mobikwik Investors Company Subscribed Policy Privacy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-12 @ 16:38:43 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 277 words

Reading Time: 2 minutes read

Sentences: 23 lines

Sentence Length: 13 words per sentence (average)

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

Copyright Owner: © YourStory

News ID: 24382026

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 35 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

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