Mon Dec 16 08:09:16 UTC 2024: ## Mobikwik IPO Allotment Status Released; Strong Grey Market Premium Hints at Stellar Listing
**Mumbai, India** – Mobikwik’s Initial Public Offering (IPO) has concluded, with allotment status now available to investors. The IPO, open from December 11th to 13th, was oversubscribed by more than 100 times in its three-day opening period. The company had set a price band of ₹265-₹279 per share, with a lot size of 53 shares (requiring an investment of ₹14,787). Mobikwik successfully raised ₹257.40 crore from anchor investors on December 10th.
Currently, the company is showing strong performance in the grey market, trading at a premium of ₹165, according to Investors Gain. This sustained premium (unchanged for the past four days) indicates a potentially strong listing on the stock exchanges. Investors can check their allotment status through the official registrar’s website (linkintime.co.in/initial_offer/) using their PAN, application number, or DP client ID, or via the NSE website (nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp).
**Disclaimer:** *Investment in the share market involves risks. Consult with financial experts before making any investment decisions. This information is for general knowledge and does not constitute investment advice.*
First Piper 