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.