IPO Allotment Status: Mobikwik Subscribed 119x, Vishal Mega Mart Draws Rs 1.60 Lakh Crore Bids!
The Mobikwik Systems IPO, worth Rs 572 crore, was subscribed 119.38 times, with shares priced between Rs 265-279 and a lot size of 53. All categories, including retail, NIIs, and QIBs, saw over 100x demand, impacting the IPO allotment. In contrast, Vishal Mega Mart's Rs 8,000 crore IPO was subscribed 27.28 times, priced at Rs 74-78 per share, with a lot size of 190. It attracted bids worth Rs 1.60 lakh crore, excluding the anchor book, affecting its IPO allotment status.
The Mobikwik Systems IPO, worth Rs 572 crore, was subscribed 119.38 times, with shares priced between Rs 265-279 and a lot size of 53. All categories, including retail, NIIs, and QIBs, saw over 100x demand, impacting the IPO allotment. In contrast, Vishal Mega Mart's Rs 8,000 crore IPO was subscribed 27.28 times, priced at Rs 74-78 per share, with a lot size of 190. It attracted bids worth Rs 1.60 lakh crore, excluding the anchor book, affecting its IPO allotment status.