CosmicTaco

Mobikwik Sets Rs 265-279 Price Band, Reduces IPO Size Again

CosmicTaco · 2024-12-06T11:11:29.035571+05:30

- Mobikwik has set a price band of Rs 265-279 per share and reduced its IPO size to Rs 572 crore, with subscriptions opening on December 11. - Anchor bidding starts December 10, issue closes December 13, with allotment on December 16 and listing on December 18. - Proceeds to be used for growth, including Rs 150 crore for financial services and Rs 135 crore for payment services. Source: [Moneycontrol](https://www.moneycontrol.com/news/business/ipo/mobikwik-sets-price-band-of-rs-265-279-a-share-cuts-down-ipo-size-for-third-time-12884509.html)

Mobikwik has set a price band of Rs 265-279 per share and reduced its IPO size to Rs 572 crore, with subscriptions opening on December 11.
Anchor bidding starts December 10, issue closes December 13, with allotment on December 16 and listing on December 18.
Proceeds to be used for growth, including Rs 150 crore for financial services and Rs 135 crore for payment services.

Source: Moneycontrol