PayNearby plans to tap IPO market in next financial year to fuel expansion

PayNearby plans to tap IPO market in next financial year to fuel expansion

Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. “We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process,” PayNearby founder, MD and CEO Anand Kumar Bajaj told … Read more

MobiKwik shares jump over 18% after giving strong listing gains. What should investors do?

MobiKwik shares jump over 18% after giving strong listing gains. What should investors do?

After listing at a healthy premium of 58.5%, shares of fintech firm One MobiKwik Systems on Wednesday rallied as much as 18.5% to Rs 524 on BSE, after listing on the bourse at Rs 442.25. The shares were listed at Rs 440 on the NSE, implying a premium of 57.7% to its issue price of … Read more