Grey market premiums (GMPs) - the additional price investors are willing to pay over the IPO price in the grey market before the stock lists on the exchanges - of five IPOs are trading at 8-44% above ...
MobiKwik's IPO makes headlines as shares surge 85% on debut, valuing the company at Rs 40 billion. Oversubscribed 120 times, the fintech's success dominates market news.
Mobikwik shares debuted with a 58.5% premium on BSE and 57.7% on NSE, listing at Rs 442.25 and Rs 440 respectively. The IPO, subscribed 119 times, raised Rs 572 crore for growth and development. The ...