Mobikwik IPO subscribed fully in less than 90 mins of opening
The New Indian Express Vijayawada|December 12, 2024
THE initial public offer (IPO) of fintech firm One Mobikwik Systems saw a strong participation from investors as the issue was fully subscribed in less than 90 minutes of opening on Wednesday.
ENS ECONOMIC BUREAU @ New Delhi
Mobikwik IPO subscribed fully in less than 90 mins of opening

At the end of first day's bidding hours, the issue got subscribed 7.31 times.

The ₹8,000 crore IPO of supermarket chain Vishal Mega Mart saw 51% subscription at the end of the first day of bidding. The company already raised ₹2,400 crore from anchor investors ahead of the IPO opening. The two IPOs will close for subscription on Friday, December 13.

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