Founded in 2008, MobiKwik has established itself as a trailblazer in the digital payment ecosystem of India. Over the years, the company has grown exponentially, transforming into the nation's number one dual-sided payment platform. Its innovative approach has made digital transactions seamless for millions of users and merchants across the country.

Mobikwik IPO

In a significant development, MobiKwik recently garnered massive attention with its ₹572 crore IPO (Initial Public Offering). The IPO witnessed overwhelming demand from Retail Individual Investors (RIIs). Against the offering of 21.58 lakh shares, the company received bids for a staggering 7.81 crore shares, marking an impressive 36.23 times subscription.

This milestone highlights the growing confidence of investors in MobiKwik's vision and market position. The exceptional response underscores the strong faith in the company’s ability to drive digital payment innovations in India.

12 December 2nd Day

Today, on December 12, MobiKwik achieved a noteworthy milestone as it secured significant investor interest, reinforcing its leadership in the fintech sector. The overwhelming subscription rate reflects the rising demand for digital payment platforms, driven by India’s push towards a cashless economy.

MobiKwik's journey from a startup to a market leader exemplifies its commitment to innovation, customer satisfaction, and adaptability in the ever-evolving fintech landscape. As the company continues to expand, its IPO success signals a bright future for India's digital payment ecosystem. MobiKwik: A Journey to Becoming India's Leading Dual-Sided Payment Platform.

MobiKwik's initial public offering (IPO) received a very good response today on the second day on 12th December and the issue received 10.05 times oversubscription.

Author Opinion 

Mobikwik was formed in 2008. Today, a big news related to the company is being heard in the world of shares. The second day 12 December has been very good for the company. A very good response was seen from the investors and this is great news for entire company.