Indian monetary providers agency MobiKwik plans to lift about $84.2 million via the issuance of recent shares in an preliminary public providing in its dwelling market, based on a draft prospectus filed with the native markets regulator on Friday.
That is the second time that MobiKwik has filed the papers for an IPO. The startup, backed by Peak
The 15-year-old startup, based by husband-wife duo Bipin Singh and Upasana Taku, doesn’t plan to promote present shares within the IPO, based on the brand new prospectus. The corporate plans to lift about $16 million in a pre-IPO spherical, the corporate mentioned.
SBI Capital and DAM Capital are the lead managers for the IPO course of, the prospectus mentioned.
MobiKwik is the newest Indian startup trying to go public this yr. Ola Electrical and FirstCry filed their draft prospectus for his or her preliminary public providing final month.
Extra to comply with.