The stock hit the upper circuit and closed at ₹528, a 20% increase from the listing price. Following the gain, the market cap of MobiKwik nearly doubled to ₹4,101 crore when compared to the valuation pegged at the upper end of the issue price. The gain made by MobiKwik is on expected lines given the IPO was oversubscribed, with bids totalling approximately $4.7 billion, about 120 times the shares offered. Its unlisted shares were also commanding a premium in the grey market.
هذه القصة مأخوذة من طبعة December 19, 2024 من The New Indian Express Tiruchy.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 19, 2024 من The New Indian Express Tiruchy.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Obstinate Guv delays V-C appointment: Teachers
THE Association of University Teachers (AUT) on Sunday expressed serious concerns over the inordinate delay and the \"unwarranted intervention\" of Governor R N Ravi, who is also the chancellor of state universities, in the appointment of vice-chancellors (V-C).
IMA to launch job portal on Friday
THE Indian Medical Association (IMA) has developed an online platform called 'Doctors Employment Exchange', in an effort to generate jobs for doctors in the private sector within the country and abroad.
Atrocities in the name of Dharma due to ignorance
DAYS after expressing concern over the resurgence of temple-mosque disputes threatening to disrupt communal harmony, Rashtriya Swayamsevak Sangh (RSS) chief Mohan Bhagwat on Sunday said that all acts of persecution and atrocities committed in the name of Dharma (religion) were due to lack of true comprehension of Dharma.
2-year 'probation' for new drivers in Kerala soon
STARTING next year, it won't be all smooth sailing for those receiving their driver's licence in Kerala.
India, Kuwait now strategic partners
Key defence pact signed; Modi holds extensive talks with the Emir, invites him to visit India
I Know How to Play Real Characters
Jennifer Lopez speaks to Katie Ellis on how Unstoppable made her realise that she can overcome anything in life
Of Our Non-violent Ancestors
Pattanaik provides a comprehensive insight into the mysterious world of the Harappan civilisation
The Corrosive Power of Pride
Pride fosters a sense of superiority that harms relationships, distorts the mind, and impedes personal and spiritual growth
Market on the Sands
The Rathgama Wella Fish Market
Market on the Sands
The Rathgama Wella Fish Market