How To Check MobiKwik IPO Allotment Status — Check GMP Today
Investors who bid in the One MobiKwik Systems IPO now await the finalisation of share allotment. The share allotment status can be checked online via NSE, BSE, and Link Intime India Pvt. Ltd.
The allotment of shares in the initial public offering of One Mobikwik Systems Ltd. is set to be finalised on December 16 following a robust response from investors.
The public issue was booked over 119.38 times, led by strong demand from retail investors. Overall, investors placed bids for 1,41,72,65,527 shares against 1,18,71,696 shares on offer, NSE data showed.
Retail investors booked their allocation 134.67 times whereas the IPO portion reserved for non-institutional investors was subscribed 118.95 times. The qualified institutional buyers’ category of the issue was booked 119.50 times.
Shares of the Rs 572-crore MobiKwik IPO were available in the price band of Rs 265 to Rs 279 apiece. One Mobikwik Systems Ltd. shares are slated to be listed on the BSE and the NSE on December 18.
Investors who bid in the MobiKwik IPO now await the finalisation of share allotment. The status of allotment may be checked online via the official websites of NSE, BSE and the issue's registrar, Link Intime India Pvt. Ltd.
How To Check One MobiKwik Systems IPO Share Allotment Status On BSE
Log on to the IPO allotment page on the BSE website here.
Click on 'Equity' under the 'Issue Type' dropdown menu.
Select 'One Mobikwik Systems Limited' from the dropdown menu.
Enter your application number or PAN.
Verify 'Captcha' to proceed.
Select the 'Search' option to view your allotment status.
How To Check One MobiKwik Systems IPO Allotment Status On Link Intime India
Go to the IPO allotment page on Link Intime India Pvt. here.
Select 'One Mobikwik Systems Limited' from the list of companies in the dropdown menu.
Select, Application Number, DP/Client ID or Account Number/IFSC to view your allotment status.
Enter the required details based on your selection.
Click on 'Submit' to check the allotment status.
Investors can also check the allotment status on NSE's website using their login ID and password, or creating a new registration.
One MobiKwik Systems IPO GMP Today
The grey market premium on the shares of One Mobikwik Systems Ltd. stood at Rs 165 at 6:53 a.m. on Dec. 16. According to InvestorGain, the indicated listing price of Mobikwik IPO was Rs 444 with a premium of 59.14% over the issue price.
Note: GMP or grey market price is not an official price quote for the stock and is based on speculation.
Use Of Proceeds
One Mobikwik Systems Ltd. aims to use the Rs 150 crore from the net proceeds of the public offer to fund organic growth in financial services. Rs 135 crore of the IPO money will be used for payment services and Rs 107 crore will be deployed on research and development.
The remaining portion of the funds will be used for capital expenditure on the company's payment devices business and general corporate purposes.
About One Mobikwik Systems Ltd.
One Mobikwik Systems Ltd. is the parent company of the payment fintech platform MobiKwik, which offers various payment options and financial products in digital credit investment and insurance. The company was co-founded by Bipin Preet Singh and Upasana Taku.
Disclaimer: Investments in initial public offerings are subject to market risks. Please consult with financial advisors and read the red herring prospectus thoroughly before placing bids.
