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Mobikwik cuts down IPO size for 3rd time, sets ₹265-279 price band
short by Debaroti Adhikary / on Friday, 6 December, 2024
Mobikwik has reduced its IPO size for the third time to ₹572 crore and set price band at ₹265-279. The IPO will open for subscription on December 11. Mobikwik had received approval for ₹1,900-crore IPO in July 2021, which was postponed amid market volatility and weak performance of peer startups. They refiled for a ₹700-crore IPO in January 2024.
read more at NDTV Profit