Shivani Nyati, Head of Wealth at Swastika Investmart, predicts that the stock will debut with a notable premium of around 59%. She noted that the company operates in the highly competitive fintech sector, which could impact its future market share and growth. Nyati also pointed out that the IPO was priced substantially. “The IPO saw an impressive 120 times subscription rate and a strong grey market premium (GMP), reflecting robust investor confidence,” she said.
MobiKwik shares poised for strong stock market debut on Dec 18; analysts recommend 'long-term hold' - MoneycontrolMobikwik Share Price Live: Mobikwik makes stellar D-street debut with 60% premium over issue price - MoneycontrolMobikwik, Vishal Mega Mart & Sai Life Science IPO: Check latest GMPs before market listing - Business TodayMobikwik, Vishal Mega Mart, Sai Life Science IPO: Check latest GMPs ahead of market listing - Business TodayMobikwik IPO listing: आज लिस्ट होंगे शेयर, जानें GMP से क्या मिल रहे संकेत - Business StandardMobiKwik Listing Gains : मोबिक्विक के शेयर ने निवेशकों को किया खुश, बाजार में डेब्यू करते ही 59% दिया रिटर्न, क्या बुक कर लें प्रॉफिट - Financial Express