MobiKwik Shares Crash 10% As Lock-In Period Ends

With this, the stock has fallen almost 12% compared to its IPO issue price of INR 279

Notably, shares of MobiKwik declined over the preceding four trading sessions after the finance ministry dismissed reprt around imposing MDR on UPI transactions

MobiKwik’s net loss surged to INR 56.03 Cr in Q4 FY25 from a loss of INR 67.1 Lakh in the same quarter last year

Shares of MobiKwik slumped as much as 9.8% to INR 243 intraday today following the end of the six-month lock-in period for pre-IPO shareholders.

According to…