MobiKwik IPO fully subscribed on first day of issue

Fintech firm One MobiKwik Systems’ IPO saw enthusiastic response, achieving full subscription within the first hour of trading on Wednesday. The Rs 572-crore IPO, open until December 13, aims to fuel growth in financial and payment services, along with tech advancements. This marks the Gurugram-based company’s second IPO attempt, following a withdrawal in 2021.