MobiKwik made its Dalal Street debut in December last year at a listing of INR 442.25 on the BSE
However, amid the decline in the Indian equities market over the past few months, shares of MobiKwik have slipped below their IPO price
The fintech company slipped into the red in Q3 FY25, impacted by lower financial services revenue and higher lending-related costs
Shares of MobiKwik
slumped as much as 4.18% to INR 261.2 apiece during the intraday trading on the BSE on Tuesday (March 11) to touch a fresh all-time low.
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