Mobikwik IPO allotment status

The allotment status for the
Mobikwik IPO is expected to be announced on December 16, 2021. The issue was subscribed nearly 120 times, led by a strong response from retail investors.

Investors who have applied for the IPO can check their allotment status on the website of the registrar, Link Intime India Private Limited.

To check the allotment status, investors will need to enter their PAN number, application number, or DP client ID.

The Mobikwik IPO was priced at Rs 265-279 per share. The issue was subscribed nearly 120 times, led by a strong response from retail investors.

The company plans to use the proceeds from the IPO to fund its growth plans, including expanding its user base and investing in new products and technologies.

Mobikwik is a leading digital financial services platform in India. The company offers a range of services, including a mobile wallet, payments gateway, and buy now, pay later (BNPL) services.

The company has a strong track record of growth and is well-positioned to benefit from the growing adoption of digital payments in India.