The MobiKwik IPO allotment for One MobiKwik Systems Ltd has been finalized, marking a significant milestone after an overwhelmingly positive investor response. Investors who participated in the IPO can now check their allotment status online via the BSE, NSE, or Link Intime portals. Here’s everything you need to know, including GMP trends, subscription data, and the next steps in this much-anticipated fintech public offering.
MobiKwik IPO Subscription Details
The MobiKwik IPO, open from December 11 to December 13, saw impressive participation with an overall subscription of 125.69 times, highlighting strong investor confidence:
- Retail Investors: 141.78 times
- Non-Institutional Investors (NII): 114.7 times
- Qualified Institutional Buyers (QIB): 125.82 times
The IPO price band was set at ₹265-₹279 per share, making it one of the most highly sought-after fintech offerings in recent times.
MobiKwik IPO GMP Today
MobiKwik’s grey market premium (GMP) remains robust, indicating high enthusiasm ahead of its listing. Currently, the unlisted shares are trading at ₹444 per share, reflecting a premium of ₹165 or 59.14% over the upper price band. This steady GMP rise since the IPO launch signals growing investor optimism about MobiKwik’s stock performance.
MobiKwik IPO Key Dates
- Allotment Finalization: December 16 (evening)
- Refund Initiation: December 17 (for non-allottees)
- Shares Credited in Demat Accounts: December 17
- Listing Date: December 18 on BSE and NSE
Step-by-Step Guide to Check MobiKwik IPO Allotment Status
1. Via BSE Portal
- Visit the official BSE IPO page: https://www.bseindia.com/investors/appli_check.aspx
- Under “Issue Type”, select “Equity”.
- From the dropdown, choose “MobiKwik Systems Ltd”.
- Enter your Application Number or PAN, solve the CAPTCHA, and click “Search”.
2. Via Registrar Link Intime Portal
- Visit the Link Intime IPO portal: https://www.linkintime.co.in/Initial_Offer/public-issues.html
- Enter the necessary details, such as PAN or application number, to view the allotment status.
MobiKwik IPO Highlights
- Issue Size: ₹572 crore (fresh equity shares only)
- Anchor Investment: ₹257 crore raised from anchor investors prior to the IPO
- Strategic Scaling: MobiKwik scaled down its earlier ₹1,900 crore issue size from 2021 to align with current market conditions
About MobiKwik
Founded by Bipin Preet Singh and Upasana Taku, MobiKwik is a leading fintech company offering services such as digital payments, credit, insurance, and investments. The company’s streamlined IPO strategy underscores its focus on sustainable growth and market leadership in the evolving fintech landscape.
What’s Next for Investors?
With a strong GMP and oversubscription, MobiKwik’s listing on December 18 is highly anticipated. Investors are keenly watching its stock performance as it enters the secondary market, aiming for a successful public debut.
Stay tuned for further updates on MobiKwik’s IPO listing!7