Mobikwik IPO
ListedMainboardOpens 11 December 2024Closes 13 December 2024
MobiKwik is one of the leading the digital payments space by changing the behavior of the consumers toward mobile wallets and Buy Now Pay Later services. In the direction of ease and financial inclusion, MobiKwik…
MobiKwik is one of the leading the digital payments space by changing the behavior of the consumers toward mobile wallets and Buy Now Pay Later services. In the direction of ease and financial inclusion, MobiKwik attempts to scale down the pain that is connected with every day mobile payments and enables easy access to BNPL options.
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Key ratios
As per RHP / filingsTimeline
IPO Opens
11 Dec
IPO Closes
13 Dec
Allotment
16 Dec
Listing
18 Dec
IPO Timeline & Listing Details
| Event | Date |
|---|---|
| IPO Open Date | 11 December 2024 |
| IPO Close Date | 13 December 2024 |
| Allotment Date | 16 December 2024 |
| Listing Date | 18 December 2024 |
Investment Categories
| Category | Lots | Amount |
|---|---|---|
Retail (Min) | 1 | ₹14,787 |
Retail (Max)Just less than ₹2,00,000 | 13 | ₹1,92,231 |
SHNI (Min)Just above ₹2,00,000 | 14 | ₹2,07,018 |
SHNI (Max)Below ₹10,00,000 | 67 | ₹9,90,729 |
BHNIAbove ₹10,00,000 | 68 | ₹10,05,516 |
IPO Objectives
- Funding growth in the financial services business
- Funding growth in the payment services business
- Investment in data, ML, AI, product and technology
- Capital expenditure for the payment devices business
- General corporate purposes
Strengths
- Strong Brand Recognition: Mobikwik is a trusted name in India's digital payment landscape.
- nnovative Products: Features like MobiKwik ZIP, MobiKwik BNPL and Merchant Cash Advance offer flexibility to consumers and merchants.
- Large User Base: With 161 million users and 4.26 million merchants, Mobikwik has a vast network
- Technology-Driven: The company uses digital public infrastructure (Aadhaar, Digi-Locker, NSDL) to enhance transaction speed and security.
- Impressive Revenue Growth: Mobikwik saw a 59% revenue increase from FY2023 to FY2024.
Weaknesses
- Mobikwik has posted losses in recent years, and its path to profitability remains uncertain.
- Intense competition from Paytm, PhonePe, and Google Pay puts pressure on Mobikwik's market share.
- egulatory and compliance challenges could impact Mobikwik’s operations.
- Reliance on external funding could hinder growth if capital raising becomes difficult.
Financial Performance
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets (₹ Cr.) | 908.1 | 854.65 | 714.33 | 836.13 |
| Revenue (₹ Cr.) | 345.83 | 890.32 | 561.12 | 543.22 |
| PAT (₹ Cr.) | -6.62 | 14.08 | -83.81 | -128.16 |
| Net Worth (₹ Cr.) | 216.54 | 142.69 | 162.59 | 158.65 |
Peer Comparison
| Company | P/B Ratio | P/E Ratio | RONW (%) | Net Worth (₹ Cr.) |
|---|---|---|---|---|
| One 97 Communications Limited | 4.19 | -89.64 | -13.87% | 13,298 |
Subscription Details
No daily bids available.
No subscription statistics available.
Company Details
- One Mobikwik Systems Limited
- Unit 102, 1st Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, 122 003
- +91 1244903344
- ipo@mobikwik.com
- https://www.mobikwik.com/ir
Registrar Details
- Link Intime India Private Ltd
- +91-22-4918 6270
- mobikwik.ipo@linkintime.co.in
- https://linkintime.co.in/initial_offer/public-issues.html
Frequently Asked Questions
See live numbers on GMP, Subscription, and Allotment pages.
Mobikwik IPO News & Updates
Follow the latest updates for Mobikwik IPO, including grey market moves and allotment news.
Mobikwik IPO IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Mobikwik IPO Details
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Mobikwik IPO GMP
Live grey market premium and listing estimate
Mobikwik IPO Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Mobikwik IPO Allotment
Allotment date, chances, and check by PAN
Mobikwik IPO Review
SWOT, strengths, risks, and IPO review
Mobikwik IPO FAQ
Common questions on dates, GMP, and allotment
Mobikwik IPO Registrar
Registrar website and how to check allotment
Mobikwik IPO Timeline
Open, close, allotment, and listing dates
Mobikwik IPO News
Updates, blogs, and latest IPO news
Sources
We match Mobikwik IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- Link Intime India Private LtdOfficial site to check allotment status for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.