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Mobikwik IPO

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Price Band₹265.00–₹279.00
Live GMPNO GMP
SubscriptionNO DATA
Issue Size₹572.00 Cr
AllotmentNO DATA

IPO Objectives

Mobikwik IPO — dedicated ipo objectives page.

Objects of the Issue

#PurposeEstimated Amount
1Funding organic growth in the financial services business₹150.00 Cr
2Funding organic growth in the payment services business₹135.00 Cr
3Research and developmentin data, ML and AI and product and technolog₹107.00 Cr
4Capital expenditure for the payment devices business₹70.29 Cr
5General corporate purposes₹68.24 Cr