There is a lot of discussion across the country about the IPO of the fintech company Mobikwik. By looking at the GMP, anyone can tell that whoever gets its IPO allotted will become rich on the day of listing. Come, today in this episode, let us tell you who is the owner of this company and how this company started.

Let us tell you, today i.e. on 16 December, investors must have received the message of allotment of Mobikwik shares. At the same time, on 17 December, the company's shares will also come in the demat accounts of the people. Whereas, the listing of the IPO is going to happen on 18 December in the stock market.

Who is the owner of Mobikwik

Talking about the founders of Mobikwik, the names of two people come up in it. Both of them are husband and wife. Bipin Preet Singh and Upasana Taku. Bipin Preet Singh is the founder and CEO of Mobikwik. Whereas Upasana Taku is the co-founder of the company. This company was started in the year 2009.

Let us tell you, Mobikwik works as a credit offering platform. That is, this platform is used as a digital wallet. With the help of Mobikwik, you can make many types of online payments. Mobikwik is a platform that gives you great facilities like sending and receiving money, mobile recharge, paying electricity bills and internet-DTH bills and doing online shopping.

Mobikwik IPO GMP is making a splash

Mobikwik's IPO is making a splash in the grey market premium. According to a Business Standard report, on Monday, December 16, its shares were trading at a premium of Rs 165 in the grey market, which is 59.14 per cent higher than the issue price. Let us tell you, Mobikwik wants to raise Rs 572 crore through this IPO. The company will issue 2,05,01,792 new shares. This IPO does not include an Offer for Sale (OFS). That is, it is a mainboard IPO and will be listed on BSE and NSE.