Airtel Money Falls Below IPO Price in Bumpy London Debut

Markets Deals Contact us:Provide news feedback or report an error Confidential tip?Send a tip to our reporters Site feedback:Take our Survey By Pablo Mayo Cerqueiro October 9, 2026 at 4:40 AM UTC Updated on October 9, 2026 at 4:09 PM UTC Takeaways by Bloomberg AI Mobile payments firm Airtel Money had a bumpy debut as a London-listed company, sliding below its initial public offering price and coming up short of delivering a much-needed win for the UK’s stock exchange. The shares closed 6% below the IPO price of 196p, reversing initial gains of about 2%. That gave Airtel Mobile Commerce NV, as the company is formally known, a market value of about £5 billion ($6.6 billion).