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Mobikwik shares in focus as IPO lock-in expiry frees up stake worth Rs 317 crore for trade

As reported by Stocks-Markets-Economic Times
The shares of the fintech platform had made a solid market debut in December, 2024, listing with nearly 59% premium over the IPO price at Rs 442.25 apiece on BSE. This came after the initial public offering (IPO) of the fintech platform that aimed to raise Rs 572 crore saw strong investor interest, being subscribed 119 times its offer size.
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Mobikwik shares are under investor scrutiny following the expiry of the IPO lock-in period, which makes shares worth Rs 317 crore eligible for trading. The fintech platform previously achieved a strong market debut in December 2024, listing at a nearly 59% premium over its IPO…

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