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

IPO Calendar: 4 new issues, 9 listings to watch out for next week as 2024 draws to a close

IPO Calendar: 4 new issues, 9 listings to watch out for next week as 2024 draws to a close

As the calendar year 2024 comes to a close, the primary market is sustaining the strong momentum seen throughout the year with 4 new IPOs opening for subscription next week. These include two in the mainboard segment from Mamata Machinery and Transrail Lighting. Apart from the new issue openings, the Street will see as many … Read more

MobiKwik raises Rs 257 crore from anchor investors ahead of IPO

MobiKwik raises Rs 257 crore from anchor investors ahead of IPO

Fintech company One MobiKwik Systems on Tuesday said it has garnered Rs 257 crore from anchor investors ahead of its initial public offering (IPO) . Foreign and domestic institutions who participated in the anchor round included Government Pension Fund (Norges Fund), Eastspring Investments, Morgan Stanley Investments, White Oak Capital, 360 One Asset & Wealth Management, … Read more