One MobiKwik Systems IPO
One MobiKwik Systems Limited (MOBIKWIK) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 18 December 2024.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +80.6% (likely range +44% to +95%), day's high +87.0%, chance of a gain 92%. Actual: +57.7% at the open, +89.2% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 64,75,471 | 77,38,42,188 | 120x | |
| NII (HNI) total | 32,37,735 | 35,27,50,351 | 109x | |
| Big NII (above ₹10 lakh) | 21,58,490 | 22,49,12,973 | 104x | |
| Small NII (₹2-10 lakh) | 10,79,245 | 12,78,37,378 | 118x | |
| Retail | 21,58,490 | 29,06,94,453 | 135x | |
| Total | 1,18,71,696 | 1,41,72,86,992 | 119x |
Bids on NSE and BSE together, as published by NSE, as of 13 Dec 2024, 07:00 PM. Shares offered exclude the anchor portion. 18% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to One MobiKwik Systems's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| Exicom TelesystemsFeb 2024 | 122x | 153x | 120x | 130x | ₹480 Cr | +86.6% | +93.3% |
| Ideaforge TechnologyJun 2023 | 126x | 80.6x | 85.2x | 106x | ₹567 Cr | +93.5% | +100.0% |
| Utkarsh Small Finance BankJul 2023 | 125x | 81.6x | 72.1x | 102x | ₹543 Cr | +60.0% | +92.0% |
| Awfis Space SolutionsMay 2024 | 117x | 130x | 54.6x | 109x | ₹599 Cr | +13.6% | +17.9% |
| Le Travenues TechnologyJun 2024 | 107x | 111x | 54.8x | 98.3x | ₹740 Cr | +48.5% | +78.2% |
| DOMS IndustriesDec 2023 | 116x | 66.5x | 69.7x | 93.5x | ₹1,265 Cr | +77.2% | +81.5% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| SBI Capital Markets | 56 | +16.7% | 61% |
| DAM Capital Advisors | 37 | +13.6% | 59% |
Offer documents (NSE)
Frequently asked
What is the One MobiKwik Systems IPO price band and lot size? ₹265–279 per share, with a lot of 53 shares, so the smallest retail bid is ₹14,787.
How many times has it been subscribed? 119x overall: QIB 120x, NII 109x, retail 135x.
How did it list? It opened at ₹440, +57.7% against the issue price of ₹279, and closed its first day +89.2%.
