Thursday, 5 March, 2026
MobiKwik's IPO may go public in next financial year
By Basit Ansari
<p>MobiKwik delayed its IPO by two to three months, might even push it down to the next FY. This is due to the company's struggle to find foreign institutional backers at the right valuation. They had filed the draft for IPO papers in July for a Rs 1900 Cr IPO. Market regulator SEBI approved the draft in Oct. The company was advised not to go ahead with its IPO as the demand from institutional investors--foreign and domestic was difficult to find.</p>
Read full story at NDTV
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