MobiKwik IPO Lists at 58% Premium on NSE and BSE

  • NSE Listing:
    • MobiKwik shares were listed at ₹440 per share, a 57.71% premium over the issue price of ₹279.
    • Post-listing, the company’s market valuation reached an impressive ₹3,890.14 crore.
  • BSE Listing:
    • The shares debuted at ₹442.25 per share, reflecting a 58.51% premium.
  • Sector Context:
    • MobiKwik operates in the burgeoning digital payments and fintech industry, which has seen tremendous growth due to increasing digital adoption in India.