SEBI and MobiKwik.

Photo: Republic World

SEBI Allows MobiKwik To Launch IPO & Raise Rs 1,900 Cr Capital

Securities and Exchange Board of India (SEBI) has reportedly granted its approval to MobiKwik, a mobile wallet, to launch an IPO. Reportedly, the company will raise the capital up to Rs 1,900 core through the IPO of which Rs 1,500 crore would come from new shares and Rs 400 crore from the offer for sale (OFS). The company will use the money to fund its organic and inorganic growth.

Fri, 08 Oct 2021 - 07:02 PM / by Brijesh Goswami

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