Mobikwik Share Price Live Updates: GMP, experts signal strong listing

Mobikwik Share Price Live: Hold Mobikwik shares for medium to long-term: Abhishek Pandya

Mobikwik Share Price Live: Mobikwik became profitable at the EBITDA and PAT levels in FY24. Further, the company’s Payment GMV grew at an annual rate of 45.9%, and MobiKwik ZIP GMV (Disbursements) grew at an annual rate of 112.2% between FY22 and FY24.

“Hence, given the company’s strong market presence, improved financial performance, and industry tailwinds, we recommend that investors who have been allotted shares consider holding their positions from a medium to long-term perspective,” said Abhishek Pandya, Research Analyst, StoxBox.

Mobikwik Share Price Live: Analysts expect up to 60% listing premium for Mobikwik shares

Mobikwik Share Price Live: Stock market analysts also expect Mobikwik shares to make a stellar debut on BSE and NSE today. “One MobiKwik System Ltd. has garnered significant investor interest, with its IPO oversubscribed 125.69 times, and is poised for a strong debut today, potentially commanding a 59% premium above the upper band price,” said Abhishek Pandya, Research Analyst, StoxBox.

Mobikwik Share Price Live: Mobikwik IPO GMP today signals a strong listing

Mobikwik Share Price Live: Mobikwik IPO GMP today is ₹160 per share, according to stock market observers. This indicates that in the grey market, Mobikwik shares are trading higher by ₹160 apiece than their issue price. Considering the Mobikwik IPO GMP today, the estimated listing price of One Mobikwik Systems shares would be ₹439 apiece, a premium of 57.35% to the IPO price of ₹279.00 per share.

Mobikwik Share Price Live: Mobikwik IPO subscribed 119.38 times in total 

Mobikwik Share Price Live: Mobikwik IPO was subscribed 119.38 times in total as investors placed bids worth approximately ₹40,000 crore compared with the IPO size of ₹572 crore. Mobikwik IPO was subscribed 134.67 times in the retail category, 119.50 times in the Qualified Institutional Buyers (QIBs) category, and 108.95 times in the Non Institutional Investors (NII) category.

Mobikwik Share Price Live: Mobikwik stock to debut today

Mobikwik Share Price Live: The equity shares of One MobiKwik Systems Ltd, the parent company of the fintech services platform Mobikwik, are set to make their stock market debut today, December 18. Mobikwik IPO listing date is today, and the shares will be listed on BSE and NSE.