Mobikwik IPO Date, Review, Price, Allotment Details

Mobikwik Systems IPO open date is 2024 and the IPO will close on 2024. Mobikwik Systems IPO is a Book Built Issue. The company to raise around ₹700 crores via IPO that comprises fresh issue of ₹700 crores and offer for sale up to [.] equity shares with face value of ₹2 each.

Mobikwik Systems IPO price band is ₹[.] to ₹[.] per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Mobikwik Systems IPO to list on BSE & NSE on 2024. The allotment of Mobikwik Systems IPO date is 2024.

The company reported revenue of ₹539.47 crores in 2023 against ₹526.57 crore in 2022. The company reported loss of ₹83.81 crores in 2023 against loss of ₹128.16 crores in 2022. As per the financials the IPO investors should apply the IPO for a long term.

Mobikwik Systems IPO

Mobikwik Systems IPO Details

IPO Open Date:2024
IPO Close Date:2024
Face Value:₹2 Per Equity Share
IPO Price Band:₹[.] to ₹[.] Per Share
Issue Size:Approx ₹700 Crores
Fresh Issue:Approx ₹700 Crores
Issue Type:Book Built Issue
IPO Listing:BSE & NSE
Retail Quota:Not more than 10%
QIB Quota:Not more than 75%
NII Quota:Not more than 15%
DRHP Draft Prospectus:Click Here
RHP Draft Prospectus:Click Here
Anchor Investors List:Click Here

Mobikwik Systems IPO Market Lot

The Mobikwik Systems IPO minimum market lot is [.] shares with ₹[.] application amount. The retail investors can apply up-to 13 lots with [.] shares or ₹[.] amount.

ApplicationLot SizeSharesAmount
Retail Minimum1₹-
Retail Maximum13₹-
S-HNI Minimum14₹-
B-HNI Minimum68₹-

Mobikwik Systems IPO Dates

The Mobikwik Systems IPO date is 2024 and the close date is 2024. The Mobikwik Systems IPO allotment will be finalized on 2024 and the IPO listing on 2024.

IPO Open Date:2024
IPO Close Date:2024
Basis of Allotment:2024
Refunds:2024
Credit to Demat Account:2024
IPO Listing Date:2024

Promoters of Mobikwik Systems IPO

The promoters of the company are Bipin Preet Singh, Upasana Rupkrishan Taku, Koshur Family Trust, and Narinder Singh Family Trust.

About Mobikwik Systems IPO

Established in 2009 and founded by Bipin Preet Singh and Upasana Taku, MobiKwik is Revolutionizing the future of finance in India as the leading digital banking platform. MobiKwik brings a large range of financial products to both consumers and merchants. Whether it’s secure payments, quick digital credit, or investment opportunities, Mobikwik offers all. Mobikwik simplifies money management, making transactions faster, smarter, and more accessible than ever before. Their motto is to become even more valuable to both new and existing customers by providing new products to their digital credit, investments and insurance sector. By constantly expanding their portfolio, they aim to provide various solutions for their customers while driving growth in profitability. Hence, their company made 94.78 million in profit for the past six months that ended on September 30, 2023.

Mobikwik Systems IPO Company Financial Report

The company reported revenue of ₹539.47 crores in 2023 against ₹526.57 crore in 2022. The company reported loss of ₹83.81 crores in 2023 against loss of ₹128.16 crores in 2022.

Amount ₹ in Crores

Period EndedRevenueExpenseProfit After TaxAssets
2021₹288.57₹404.07₹111.30₹423.14
2022₹526.57₹658.63₹128.16₹836.13
2023₹539.47₹617.04₹83.81₹714.33
September 2023₹381.09₹366.839.48₹687.35

Mobikwik Systems IPO Valuation – FY2023

Check Mobikwik Systems IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

KPIValues
ROE:-%
ROCE:-%
EBITDA Margin:-%
PAT Margin:-%
Debt to equity ratio:
Earning Per Share (EPS):₹14.66 (Basic)
Price/Earning P/E Ratio:N/A
Return on Net Worth (RoNW):-59.09%
Net Asset Value (NAV):₹24.80

Peer Group Comparison

CompanyEPSPE RatioRoNW %NAVIncome
One 97 Communications Ltd(27.50)(23.11)(13.67)205.0084,00.00 Cr.
Affirm Holdings, Inc^(267.20)(15.74)(38.25)682.9612,703.88 Cr.
PayPal Holdings, Inc.*168.0028.1111.521427.75220,144.00 Cr.

Objects of the Issue

  • Funding growth in thier financial services business
  • Funding growth in thier payment services business
  • Investment in data, ML and AI and product and technology
  • Capital expenditure for our payment devices business
  • General corporate purposes

Mobikwik Systems IPO Review

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  • Emkay Global –
  • Hem Securities –
  • IDBI Capital –
  • Marwadi Shares –
  • Nirmal Bang –
  • SBICAP Securities –
  • Sharekhan –
  • SMC Global –
  • Sushil Finance –
  • Swastika Investmart –
  • Ventura Securities –
  • Geojit –
  • Reliance Securities –
  • Capital Market –
  • BP Wealth –
  • ICICIdirect –
  • Choice Broking –

Mobikwik Systems IPO Registrar

Link Intime India Pvt Ltd
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Phone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in

IPO Lead Managers aka Merchant Bankers

  • DAM Capital Advisors Ltd.

Company Address

One Mobikwik Systems Limited
Unit 102, 1st Floor, Block-B, Pegasus One,
Golf Course Road, Sector-53, Gurugram, Haryana-122003
Phone: +91 (124) 490 3344
Email: [email protected]
Website: www.mobikwik.com/ir

Mobikwik Systems IPO FAQs

What is Mobikwik Systems IPO?

Mobikwik Systems IPO is a main-board IPO. The company is going to raise ₹700 Crores via IPO. The issue is priced at ₹[.] to ₹[.] per equity share. The IPO is to be listed on BSE & NSE.

When Mobikwik Systems IPO will open for subscription?

The IPO is to open on 2024 for QIB, NII, and Retail Investors. The IPO will close on 2024.

What is Mobikwik Systems IPO Investors Portion?

The investors’ portion for QIB is 75%, NII is 15%, and Retail is 10%.

How to Apply the Mobikwik Systems IPO?

You can apply for Mobikwik Systems IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

What is Mobikwik Systems IPO Issue Size?

Mobikwik Systems IPO issue size is ₹700 crores.

What is Mobikwik Systems IPO Price Band?

Mobikwik Systems IPO Price Band is ₹[.].

What is Mobikwik Systems IPO Lot Size?

The minimum bid is [.] Shares with ₹[.] amount.

What is the Mobikwik Systems IPO Allotment Date?

Mobikwik Systems IPO allotment date is 2024.

What is the Mobikwik Systems IPO Listing Date?

Mobikwik Systems IPO listing date is 2024. The IPO is to list on BSE & NSE.

Note: The Mobikwik Systems IPO price band and date are officially announced. The (Mobikwik Systems IPO grey market premium) will be added to the IPO GMP page as it will start).
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