In line with its plans to go public in 2022, fintech firm MobiKwik has appointed investment banks ICICI Securities and IIFL, besides a few law firms, to kickstart the work on the draft red herring prospectus, two people in the know said, seeking anonymity.
MobiKwik is also in talks with a few more investment banks to bring them on board to manage the initial public offering (IPO), said one of the two people cited above. “They will go for a domestic IPO.”
