MobiKwik’s IPO runs into trouble

Two large investors have pulled their commitment on investing in MobiKwik’s public issue, putting a spanner in the company’s listing plans.

15 November, 202111 min
0
Banner image

Subscribe to read this story

We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.

$99 for one year

SUBSCRIBE
Already have an account? Sign In

Not ready to subscribe? Sign up for a free account

We value our free readers. Read 100+ stories every year.

You may also like

Internet
Story image

The growing unease of EaseMyTrip’s investors

The online travel aggregator is struggling to grow now more than ever. Meanwhile, its promoters' stake sales reveal a pump and dump pattern that does little to ease shareholders’ concerns.

Internet
Story image

M2P Fintech’s road to rediscovery has hit a bump

Its biggest banking customer, Unity Small Finance Bank, has decided to part ways. The departure comes at a time when the fintech infrastructure startup has been trying to become a full-stack banking software provider.

Business
Story image

Milky Mist is a rare best-of-both-worlds business

IPO-bound Milky Mist is a dairy company that operates like an FMCG player. Its unique business model and ambitious promoter have served it well thus far. Now for the market test