MobiKwik’s shares jump 85% on trading debut, valued at Rs 40 billion – Times of India
MobiKwik’s shares soared 85% on their trading debut on Wednesday, rising above Rs 500 on the BSE, boosting the company’s valuation to around Rs 40 billion. The stock opened at Rs 440, a sharp rise from its IPO price of Rs 279.The company’s $67 million IPO garnered major interest, with subscriptions exceeding available shares by…