<ul><li>Shares of fintech major MobiKwik rallied nearly 15% after a block deal worth INR 118 Cr was executed on the exchanges.</li><li>About 18.6 Lakh shares of MobiKwik, comprising a 2.4% equity in the company, changed hands on the counter at an average selling price of INR 635 per share.</li><li>MobiKwik made a stellar market debut earlier this month, with its shares listing at a 58.5% premium over the IPO issue price of INR 279.</li><li>MobiKwik’s market capitalisation zoomed to INR 5,189.45 Cr (around $608.6 Mn) after the rally in its shares.</li></ul>

MobiKwik Shares Rally 15% After INR 118 Cr Block Deal

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