MobiKwik IPO Day 3: Check key dates, subscription, GMP, and review
MobiKwik's IPO, seeking to raise Rs 572 crore, saw enthusiastic subscription, exceeding 20 times overall. Retail investors showed particularly strong interest, subscribing 64 times. The proceeds will fuel growth in financial services and AI. Analysts recommend the IPO for high-risk investors, citing a high valuation but consistent revenue growth and recent profitability.