Mobikwik IPO GMP - Grey Market Premium, review, and Mobikwik Ipo Dates
MobiKwik Ipo Open Soon. MobiKwik has got SEBI approval to bring IPO. Mobikwik IPO involves fresh issue of shares worth 1500 crores. and offer for sale of 400 crores. Mobikwik can bring its IPO in the market before Diwali. Know All About MobiKwik IPO as on Today - MobiKwik IPO GMP (MobiKwik IPO Gray Market Premium), Kostak rates, and Subject to Sauda rates, MobiKwik IPO Review. We will update Gray Market Premium everyday. MobiKwik IPO Open Date , Closing Date listing date, all information about MobiKwik is given below.
Mobikwik IPO (Initial Public Offering) will open for subscription soon. The company wants to raise ₹1900 crore through the IPO (Initial Public Offering). Where 1500 crores will be from fresh issues and the rest (Approx ₹400 crores) will be under OFS (Offer for Sale). Mobikwik is one of the biggest mobile wallets, an Online rechange, Payment, and Buy Now Pay Later (BNPL) player in India. MobiKwik has got the approval of SEBI (Securities and Exchange Board of India) to bring IPO. If reports are to be believed, Mobikwik may bring its IPO in the market before Diwali.
MobiKwik was launched in 2009 as a mobile wallet to facilitate digital payments for users. Mobikwik was founded by Bipin Preet Singh and Upasana Taku. Many big investors have invested in MobiKwik which includes American Express, Sequoia Capital India, Bajaj Finance NSE, Cisco, etc.
The founders' stake in the company is around 34 to 35%. The company's investors such as Capital India and Bajaj Finance are also looking to sell their shares in the IPO. The company has over 101 million registered users. The company provides multiple payment options including Mobile recharge, debit cards, credit cards, Online Payments, mobile wallets, UPI and net banking, etc. For all types of information related to Mobikwik IPO (IPO Open & Closing Date, Listing Date, Price Band, Lot Size, Grey Market Premium, etc.) you can see below.
What is Mobikwik IPO GMP Today?
Today the GMP of MobiKwik IPO is ₹0.
What is Mobikwik IPO Kostak Rates Today?
MobiKwik IPO Kostak Rates is ₹0 as of today.
What is Mobikwik IPO Expected Returns?
Paytm IPO Expected Returns is %.
Mobikwik GMP Today (Grey Market Premium)
[!Note:- Mobikwik IPO GMP not started yet.]
| DATE | GMP | KOSTAK | Subject to Sauda |
|---|---|---|---|
| October | ₹ | ₹ | ₹ |
| October | ₹ | ₹ | ₹ |
| October | ₹ | ₹ | ₹ |
| October | ₹ | ₹ | ₹ |
| October | ₹ | ₹ | ₹ |
| October | ₹ | ₹ | ₹ |
| October | ₹ | ₹ | ₹ |
| October | ₹ | ₹ | ₹ |
| October | ₹ | ₹ | ₹ |
| October | ₹ | ₹ | ₹ |
| October | ₹ | ₹ | ₹ |
| October | ₹ | ₹ | ₹ |
Mobikwik IPO Details and Price band
MobiKwik IPO opening date: September 2021, Closing date: September 2021, and Listing date is: September 2021. The price band of MobiKwik IPO is ₹- to ₹- per share. MobiKwik IPO issue size is Rs -- crore, Where Rs -- crore will be from fresh issues and the rest ( approx ₹ -- crore) will be under Offer for Sale.
| IPO Open: | To be updated |
| IPO Close: | To be updated |
| Listing Date: | To be updated |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹1900 Crores |
| Fresh Issue: | Approx ₹1500 Crores |
| Offer For Sale: | Approx ₹400 Crores |
| Price Band: | ₹- to ₹- Per Share |
| Face Value: | ₹2 Per Equity Share |
| PE: | -- |
| Equity: | Share |
| Retail Portion: | 35% |
Mobikwik Ipo Market Lot and Size
Mobikwik IPO minimum lot size is - shares with ₹- application amount and maximum lot size are - shares with ₹- application amount.
| Minimum Lot: | 01 |
| Minimum Lot Size: | --Shares |
| Minimum Amount: | To be updated |
| Maximum Lot: | To be updated |
| Maximum Lot Size: | To be updated |
| Maximum Amount: | To be updated |
MobiKwik IPO Open, Allotment & Listing Date
| Ipo Open: | September 2021 |
| IPO Close: | September 2021 |
| Basis of Allotment: | September 2021 |
| Refund Date: | September 2021 |
| Credit to Demat Account: | September 2021 |
| Listing Date: | September 2021 |
Strength
- The ecosystem Mobikwik has built connects all the partners, benefiting all parties. company in the coming future, make better use of attractive networks.
- The brand name Mobikwik is well known across the country. Also, the use of MobiKwik has increased significantly after the Internet revolution in India.
- Mobikwik is used for online mobile recharge, DTH recharge, online shopping. Also, the concepts of Buy Now and Pay Later of the company are quite attractive.
Risk
- The company is unable to attract new users or merchants and maintain its relationship with existing users or merchants if the company's history is seen.
- There have been several security breaches against the company's platform.
- There are many big players in the online payment market in India such as PhonePe, Amazon Pay, Google Pay, Paytm, etc. which are giving increasingly intense competition.
- The company has booked losses for the last three financial years including FY2019, FY2020, and FY2021.
- The company has been unable to book profits and maintain growth levels.
- Mobikwik relies on third parties to provide the best and satisfactory products and services to the customer, which increases the company's dependence on others.
Mobikwik IPO Review
Happiest Post View: To be updated.Anil Singhvi Review: To be updated.
Brokerage Firm IPO Reviews
- Motilal Oswal: To be updated
- ICICI Securities: To be updated
- Capital Market: To be updated
- Ventura Securities Limited: To be updated
- GEPL Capital Ltd: To be updated soon
- Motilal Oswal: To be updated
- ICICI Securities: To be updated
- Capital Market: To be updated
- Ventura Securities Limited: To be updated
- GEPL Capital Ltd: To be updated soon
! Note:- Not Rated Yet (Update Soon)
Mobikwik Ipo Review
Review For Listing Gain
Review For Short Term
Review For Long term
FAQs About Mobikwik Ipo
What is Mobikwik IPO GMP Today?
Mobikwik IPO GMP is ₹0 as of today.
How much is Mobikwik IPO Kostak Rate Today?
Mobikwik IPO Kostak Rate is 0 (To be Updated) as of today.
What is the Mobikwik IPO Price band?
Mobikwik IPO price band is ₹- to ₹-.
What is the Mobikwik Life Sciences IPO opening date?
Mobikwik IPO opening date is September2021 (To be Updated).
What is the Mobikwik IPO Closing date?
Mobikwik IPO Closing date is September 2021(To be Updated).
What is the Mobikwik IPO Issue Size?
Mobikwik IPO issue size is - (To be Updated).
What is the Mobikwik IPO listing date?
Mobikwik's IPO listing date is September 2021 (To be Updated).
What is Mobikwik IPO Subject to Sauda Today?
Mobikwik IPO Subject to Sauda is ₹0 as of today.
What is Mobikwik IPO Expected Returns after Listing?
Mobikwik IPO Expected Returns is - % (To be Updated).
How to Apply the Mobikwik IPO with Zerodha?
1. Open your Zerodha kite app and visit the Account tab, then see for console and click on IPO.
2. If you are a pc user then Log in to Console on Zerodha Website. Go to Portfolio and Click on IPO.
3. You will see the IPO Name "Mobikwik".
4. Then, Click on Bid Button.
5. Then, Enter your right UPI ID.
6. Then, Fill in Quantity and Price. (we recommend, you should choose the cutoff price.)
7. Then Submit the IPO Application Form.
8. Now go to your UPI App (PhonePe, Google Pay, etc) or BHIM App to Approve the mandate.
!Note:- Mobikwik IPO official details not yet announced. Although Mobikwik IPO approved by SEBI We will update you as and when the final details of the Mobikwik IPO are announced. As of today, the IPO Gray Market Premium (Mobikwik IPO Premium) has not started. You can visit our page for daily Mobikwik IPO premium updates.
For other important information related to the stock market and Grey Market Premium, you can click on the links given below.
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