One MobiKwik Systems Limited
Book Built Issue IPO · NSE, BSE
- Price band
- ₹265 - ₹279
- Lot size
- 53 shares
- Issue amount
- ₹572 cr
- Total subscription
- 119.59×
- Opens
- 11 Dec 2024
- Closes
- 13 Dec 2024
- Allotment
- 16 Dec 2024
- Listing
- 18 Dec 2024
Offer at a glance
Issue overview
- Issue size
- 2,05,01,792 shares
- Face value
- 10.00
- Minimum investment
- ₹14,045
- Fresh issue
- ₹572 cr
- Offer for sale
- ₹0 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE, BSE
- Maximum investment
- ₹14,787
- Issue type
- Book Built Issue IPO
- Shares before issue
- 5,71,84,521
- Shares after issue
- 7,76,86,313
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 53 | ₹14,787 |
| sHNI | 14 | 742 | ₹2,07,018 |
| bHNI | 68 | 3,604 | ₹10,05,516 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
GMP history is unavailable.
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 38,683 | 54,84,801 |
| HNIs(10L +) | 2,763 | 3,03,117 |
| HNIs (2-10L) | 1,382 | 1,72,288 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 171.6 | 21,590.2 |
| RETAIL | 57.2 | 8,110.38 |
| NIB | 85.8 | 9,841.73 |
| HNIs 2+ | 28.6 | 3,566.66 |
| HNIs 10+ | 57.2 | 6,275.07 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jun-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | -1.16 | 2.38 | -14.66 |
| ROE | 0 | 0 | 0 |
| ROCE | 0 | 0 | 0 |
| RONW | -4.17 | 8.66 | -58.74 |
| Pre IPO | 0 | 113.32 | 0 |
| Post IPO | 0 | -86.75 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Incorporated in 2009, MobiKwik is a leading fintech company offering prepaid digital wallets and online payment services. It enables 161.03 million users and 4.26 million merchants (as of June 30, 2024) to perform a variety of transactions, including utility bill payments, merchant purchases, money transfers, and QR-based payments via UPI and RuPay credit cards. MobiKwik's innovative products include MobiKwik ZIP (buy now, pay later), ZIP EMI for consumers, and Merchant Cash Advance for businesses, leveraging digital public infrastructure like Aadhaar and Digi-Locker. Its solutions, such as online checkout, Kwik QR payments, soundbox-enabled payment confirmations, EDC machines, and flexible credit products, enhance digital payment experiences. Supported by 226 tech employees and a robust IP portfolio of 19 trademarks (with 11 pending), MobiKwik is a pioneer in seamless, tech-driven payment solutions.
Strengths
- Legacy of Consumer Empowerment: A strong commitment to delivering positive and sustainable consumer experiences.
- Efficient Operations: Expertise in managing and distributing loan products effectively.
- Trusted Brand: Established reputation and consumer trust in its offerings and services.
- Read the latest IPO market update.
Risk factors
- Regulatory Risks: Operations are subject to RBI oversight, and adverse observations or notices could impact business continuity.
- Uncertainty in Fund Utilization: Deployment of proceeds is based on management estimates, with potential deviations affecting expected revenues or profits.
- Security Threats: Cyberattacks or breaches of sensitive data could harm reputation and adversely impact financial performance.
- Read the latest IPO market update.
Promoters
Bipin Preet Singh
Upasana Rupkrishan Taku
Koshur Family Trust
Narinder Singh Family Trust
Registrar & documents
Lead manager
SBI Capital Markets Limited, Dam Capital Advisors Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
Unit 102, 1st Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, 122 003
+91 1244903344
[email protected]Company website ↗Understanding MOBIKWIK IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.