Friday, October 8, 2021

MobiKwik gearing up for Rs 1,900 crore IPO, gets Sebi approval

Through the IPO, the company plans to offer shares aggregating to Rs 1,900 crore. Out of the total, Rs 1,500 crore will be mopped up through fresh issue of shares, while Rs 400 crore-worth stocks will be offloaded through the Offer-for-Sale (OFS) route by existing shareholders.

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