Mobikwik IPO Allotment Status, GMP, and Listing Date Explained - All You Have To Know

The highly anticipated Mobikwik IPO, launched by Gurugram-based fintech firm One Mobikwik Systems, has garnered significant attention from investors. With a price band of ₹265-₹279 per share and a minimum lot size of 53 shares, the company raised ₹572 crore through this IPO, which was open for bidding from December 11 to December 13.

Here’s everything you need to know about checking the Mobikwik IPO allotment status, its grey market premium (GMP), and the listing date.

IPO Allotment Status Date

One Mobikwik Systems is expected to finalize the basis of allotment on Monday, December 16, 2024. Investors can expect updates on fund debits or IPO mandate revocations by Tuesday, December 17, 2024.

The allotment process is handled by Link Intime India Private Ltd, the official registrar, and the shares will be listed on both BSE and NSE on Wednesday, December 18, 2024.

How to Check Mobikwik IPO Allotment Status

Investors can check their allotment status through:

1. BSE Portal

1. Visit the BSE allotment status page.
2. Select "Equity" under issue type.
3. Choose "One Mobikwik Systems Limited" from the dropdown.
4. Enter your application number and PAN ID.
5. Click "I am not a Robot" and hit search.

2. Link Intime Portal

1. Go to the Link Intime IPO allotment page.
2. Select the IPO name (available once allotment is finalized).
3. Choose your preferred mode: Application number, Demat account number, or PAN ID.
4. Fill in the relevant details, solve the captcha, and submit.

Mobikwik IPO Grey Market Premium (GMP)

The Mobikwik IPO saw impressive demand across investor categories, leading to a surge in its GMP. The latest GMP for Mobikwik stood at ₹165-₹170, indicating a potential 60% premium on listing. This showcases strong market confidence in the fintech company, known for its digital wallets and UPI services.

Subscription Details

The Mobikwik IPO received an overwhelming response, with an overall subscription of 119.38 times.

• Qualified Institutional Buyers (QIBs): Subscribed 119.50 times
• Retail Investors: Subscribed 134.67 times
• Non-Institutional Investors (NIIs): Subscribed 3.44 times

About Mobikwik

Founded in 2009, Mobikwik has established itself as a prominent fintech player offering digital payment solutions, prepaid wallets, and utility payment services. Its innovative platform also supports QR code payments, UPI transactions, and money transfers, catering to millions of users across India.

Listing Date and Key Insights

The Mobikwik IPO shares will list on Wednesday, December 18, 2024, on both NSE and BSE. Investors can expect positive momentum given the strong GMP and robust subscription figures.

The Mobikwik IPO has emerged as a promising opportunity for investors, backed by strong subscription numbers and market enthusiasm. To ensure a seamless experience, investors are encouraged to check their IPO allotment status online via the BSE or Link Intime portals. With its listing date approaching, all eyes are on Mobikwik’s market debut, which is poised to deliver significant returns for early investors.

Stay updated on the latest Mobikwik IPO developments and ensure you verify your allotment status before the deadline.

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