MobiKwik IPO: 8 key things investors need to know from the DRHP
The issue size is reduced by 63% from earlier in the current prospectus to Rs 700 crore. However, no existing investors will sell their shares under the latest IPO plans. About 75% of the issue will be available for allocation on a proportionate basis to qualified institutional buyers, 15% to non-institutional investors, and 10% to retail investors.
Source: indiatimes.com
