Mon Dec 16 04:49:36 UTC 2024: ## MobiKwik IPO Allotment Finalized Today; Check Status Online

**Mumbai, India** – The allotment of MobiKwik’s initial public offering (IPO) shares is finalized today. The IPO, which closed with a strong response, particularly from retail and non-institutional investors (NIIs), received a staggering 119.38 times subscription. Over 141 crore shares were bid for, against the offered 1.18 crore shares, generating a demand of ₹39,542 crore at a price band of ₹265-279 per share.

Investors can check their allotment status on the registrar Link Intime India Pvt Ltd’s website. The finalization information will also be available on the NSE and BSE websites. The ₹572 crore IPO’s grey market premium (GMP) suggests a potential 55% premium, indicating a possible listing day gain of 53.76%. MobiKwik shares are expected to list on the BSE and NSE on December 18. Further details about the allotment process and checking status are available on the respective websites.

Read More