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MobiKwik, a digital payment firm, launches its IPO on Dec. 11, aiming to raise ₹572 crore amid a net loss.
MobiKwik, a digital payments firm, is launching its IPO on December 11 with a price band of ₹265-279 per share, aiming to raise ₹572 crore.
The company reported a net loss of ₹6.6 crore in Q1 of FY24-25 compared to a profit of ₹3 crore in the same period last year.
MobiKwik plans to use the funds for organic growth, R&D investment, and capital expenditures.
The company serves over 161 million users and 4.26 million merchants.
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MobiKwik, una empresa de pago digital, lanza su OPI el 11 de diciembre, con el objetivo de aumentar â € ¢572 crore en medio de una pérdida neta.