The share allotment for Mobikwik Systems Limited’s initial public offering (IPO) will be finalized on Monday, following strong investor interest.
Among three IPOs open for bidding last week, Mobikwik attracted the highest subscriptions. The bidding for the Mobikwik IPO closed on December 13, 2024.
The IPO was oversubscribed by 119.38 times overall. Retail investors dominated the process with a subscription rate of 134.67 times. The Qualified Institutional Buyers (QIBs) segment saw a subscription of 119.50 times, while Non-Institutional Investors (NIIs) subscribed 108.95 times.
Investors who participated in the Mobikwik IPO can check their allotment status online. They can visit the Bombay Stock Exchange (BSE) website or the registrar’s website, Link Intime India Private Ltd, for updates.
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