IPOs this week: India’s primary market will witness intense action as three new mainboard initial public offerings (IPOs) are opening for bidding on Wednesday, December 10, 2024. Investors will be busy tracking the new public issues for day-by-day subscription status, grey market premium (GMPs), and
MobiKwik Systems IPO:
Fintech major One MobiKwik Systems’ IPO is all set to hit the market on December 10. MobiKwik Systems is poised to raise ₹572 crore through its IPO, which will consist entirely of a fresh issue of shares without an offer-for-sale (OFS) component. The price band has been fixed in the range of ₹265 to ₹279 per equity share of the face value of ₹2.
The One MobiKwik Systems IPO subscription date is scheduled for Wednesday, December 11, and will close on Friday, December 13. The allocation to anchor investors for the One MobiKwik Systems IPO is scheduled to take place on Tuesday, December 10.
The One MobiKwik Systems IPO lot size is 53 equity shares and in multiples of 53 equity shares thereafter.