Tue Dec 17 01:22:44 UTC 2024: ## MobiKwik IPO Allotment Announced Today

**Mumbai, India** – The allotment of shares for the MobiKwik IPO will be finalized today, according to sources. The IPO, which closed with an overwhelming response, saw significant participation from retail and non-institutional investors (NIIs). The issue was subscribed 119.38 times, with bids exceeding ₹395.42 billion against the offer of ₹5.72 billion.

Investors can check their allotment status on the registrar Link Intime India Pvt Ltd’s website. The allotment information will also be available on the NSE and BSE websites.

The grey market premium (GMP) for MobiKwik shares is reportedly around ₹150, suggesting a potential listing day gain of 53.76%. MobiKwik shares are expected to list on the BSE and NSE on December 18th. The Business Standard Hindi website is also conducting a survey to improve user experience.

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