MSBPL is also looking to get membership in stock and commodity exchanges in India and abroad, enabling it to provide diversified trading services.
As of May 2024, the business is the biggest wallet player in India, with a 23.11% market share in the PPI wallet segment
The shares implied a 57.7% premium when they were listed at Rs 440 on the NSE and Rs 442.25 on the BSE.
The fintech company provides versatile payment solutions including online payment services, digital wallets, and utility bill payments catering to both online and offline retailers.
The Gurugram-based company made its initial attempt at the public issuance in July 2021, and this is its second try.
The issue, which has a price range of Rs 265-279 per share, is available for public subscription from December 11 to December 13.
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