Indian monetary companies startup MobiKwik seeks to lift about $84.2 million by means of situation of latest shares in an preliminary public providing within the house market, it stated in a draft prospectus filed with the native markets regulator Friday.
That is the second time MobiKwik has filed the paperwork for an IPO. The startup, backed by Peak XV and Abu Dhabi Funding Authority, initially sought to raise about $250 million by means of sale of latest and present shares in 2021, however deterred the plans after the market circumstances worsened.
The 15-year-old startup, based by husband-wife duo Bipin Singh and Upasana Taku, doesn’t plan to promote any present shares within the IPO, based on the brand new prospectus. It does plan to lift about $16 million in a pre-IPO spherical, it stated.
SBI Capital and DAM Capital are the lead ebook operating managers for the IPO course of, the prospectus stated.
MobiKwik is the most recent Indian startup that’s seeking to go public this yr. Ola Electric and FirstCry filed their draft prospectus for his or her preliminary public choices final month.
Extra to comply with.
