Peak XV Offloads MobiKwik Shares Worth INR 82 Cr

As per NSE data, the investment firm, through Peak XV Partners Investment Holdings III, sold 12.01 Lakh shares at INR 679.38 apiece

Last week, Peak XV offloaded more than 7 Lakh shares of the fintech company at INR 579.37 each for a total consideration of INR 40.59 Cr

MobiKwik shares rallied as much as nearly 15% to hit a fresh all-time high of INR 698.30 apiece during the intraday trading on the BSE on December 26

VC giant Peak XV Partners on Thursday (December 26) sold fintech major MobiKwik’s shares worth INR 81.63 Cr via a block deal.

As per NSE data, the investment firm, through Peak XV Partners Investment Holdings III, sold 12.01 Lakh shares at INR 679.38 apiece. 

The investment entity held 21.83 Lakh shares, or 2.81% shareholding, in the company as of December 16. Peak XV…