According to the circular, MobiKwik has decided to allocate 92.26 lakh equity shares to 21 funds at Rs 279 apiece, which is also the upper end of the price band
Proposed IPO is solely an offer-for-sale (OFS) of 32 mn equity shares, with no fresh issue component, according to the draft red herring prospectus (DRHP)
This move is expected to simplify the process of claiming unclaimed assets and provide greater convenience to investors and their nominees
Sebi announced a block deal window from 8:45 am to 9:00 am for the T+0 settlement cycle, in addition to the existing block deal windows for the T+1 settlement
Analysts attribute the company's poor show in the bourses to its lack-lustre financial performance in recent quarters
Fundamentals strong but earnings growth uncertainty, elevated valuations seen capping upside
Slowed by declines in lump sum investments and new fund offering performance
Under the guidelines, market infrastructure institutions (MIIs) have been directed to develop future-ready frameworks to estimate capacity needs based on trends, historical data, transaction growth
Go with an exchange that offers security features such as two-factor authentication (2FA), withdrawal whitelist, and encryption
Growth, strategy may help close the gap with Zomato