MobiKwik shares were listed on the BSE at a 58 percent premium over their initial public offering price.
On December 18, MobiKwik shares went public on the NSE at a premium of almost 60% following a strong primary market response to its three-day share sale last week.
The stock of fintech firm One MobiKwik Systems Ltd was listed on the NSE at Rs 440 per share, a significant premium of 57.71 percent over its issue price of Rs 279. After the shares were listed, the company’s market value was Rs 3,890.14 crore.
At a premium of 58.51 percent, the company’s shares were listed at Rs 442.25 per share on the BSE.
Later on, it increased its gains to reach Rs 525 per share on the NSE, an 88 percent increase from its IPO price.
