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

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