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News Details

( As on 18/12/2024 09:50)

One Mobikwik Systems Ltd. debuts with 58.51% premium at Rs 442.25

One Mobikwik Systems Ltd. makes a strong debut on the bourses with scrip got listed at Rs 442.25 on the Bombay Stock Exchange, a 58.51 per cent premium to its issue price of Rs 279.00. On the National Stock Exchange, the stock was listed at Rs 440.00.

The company, which raised 2.05 Cr from initial public offering, was subscribed 0 times, receiving bids for 0 lakhs shares against the total issue size of 205.02 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Dec 11 to Dec 13.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

DAM Capital Advisors Limited,SBI Capital Markets Ltd. as lead managers & Link Intime India Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 80,684.45, down 1,064.12 points, or 1.30 per cent.