Mobikwik IPO: High-Risk Investment Opportunity Explained

Swastika Investmart, in its research report, has advised high-risk investors to consider subscribing to the Mobikwik IPO. While the company has shown consistent revenue growth and recently achieved profitability after previous losses, Swastika highlighted the intense competition within the fintech sector, which could affect its future growth and market position. Additionally, the brokerage noted that the IPO is priced at a steep valuation.