MobiKwik IPO allotment status: After three days of bidding for One MobiKwik Systems Limited’s initial public offering (IPO), applicants eagerly await the share allotment announcement. Per the ‘T+3’ listing rule, a public issue must be listed within three days of the allotment.
The bidding for the MobiKwik IPO concluded on December 13, 2024, and the share allotment is expected to be announced in the coming week, likely on December 16 or 17. The Shares shares are expected to be allotted to successful bidders today, following a bumper response on the final day of bidding, driven by strong participation from retail and non-institutional investors.
Following the strong subscription to the MobiKwik IPO, the grey market is indicating a potential listing at a significant premium. According to stock market experts, MobiKwik shares are currently trading at a premium of ₹158 in the grey market.
Investors who subscribed to the ₹572 crore issue can check their allotment status on the official website of the registrar, Link Intime India Pvt Ltd. Additionally, the allotment status can also be verified on the official websites of the NSE and BSE.
Throughout this article, we will guide you on how to check the grey market premium (GMP), allotment details on NSE and BSE, and more related information.
MobiKwik IPO GMP Today
As mentioned earlier, the grey market premium (GMP) for the MobiKwik IPO today stands at ₹158. This implies the grey market expects the MobiKwik IPO listing price to be approximately ₹437 (₹279 + ₹158). Based on this estimate, the grey market anticipates a listing gain of around 57% against the IPO price band of ₹265 to ₹279 per share.
MobiKwik IPO Subscription Status
According to BSE data, the MobiKwik IPO was subscribed 119.38 times by the close of the offer. Here’s a breakdown of the subscription:
- The retail portion was subscribed 134.67 times.
- The NII (Non-Institutional Investors) segment was booked 108.95 times.
- The QIB (Qualified Institutional Buyers) portion received 119.50 times the bids.
How to Check MobiKwik IPO Allotment Status
On Link Intime Website:
- Visit the registrar’s official website at Link Intime.
- Select One MobiKwik Systems Ltd from the dropdown menu.
- Enter your PAN, Application Number, or DP Client ID.
- Click the Submit button.
- Your allotment status will be displayed on the screen.
On NSE Website:
- Go to the NSE IPO Allotment Page.
- Register or log in using your details, then submit.
- Select One MobiKwik Systems Ltd from the list.
- Enter your IPO Application Number.
- Click the Submit button.
- Your allotment status will be displayed on the screen.
On BSE Website:
- Visit the BSE website and navigate to the Investors section.
- Under the Investor Services dropdown, select Status of Issue Application.
- Click on Application Status Check.
- Choose Equity under the Issue Type dropdown.
- Fill in details such as the Issue Name and your PAN Number.
- Click the Search button to view your allotment status.
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