Mobikwik Systems IPO Details
| IPO Open Date: | December 11, 2024 |
| IPO Close Date: | December 13, 2024 |
| Face Value: | ₹2 Per Equity Share |
| IPO Price Band: | ₹265 to ₹279 Per Share |
| Issue Size: | Approx ₹572 Crores |
| Fresh Issue: | Approx ₹572 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 53 shares with ₹14,787 application amount. The retail investors can apply up-to 13 lots with 689 shares or ₹1,92,231 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 53 | ₹14,787 |
| Retail Maximum | 13 | 689 | ₹1,92,231 |
| S-HNI Minimum | 14 | 742 | ₹2,07,018 |
| B-HNI Minimum | 68 | 3,604 | ₹10,05,516 |
Mobikwik Systems IPO Dates
The Mobikwik IPO date is December 11 and the close date is December 13. The Vishal Mega Mart IPO allotment will be finalized on December 16 and the IPO listing on December 18.
| IPO Open Date: | December 11, 2024 |
| IPO Close Date: | December 13, 2024 |
| Basis of Allotment: | December 16, 2024 |
| Refunds: | December 17, 2024 |
| Credit to Demat Account: | December 17, 2024 |
| IPO Listing Date: | December 18, 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 ₹875.00 crores in 2024 against ₹539.47 crore in 2023. The company reported profit of ₹14.08 crores in 2024 against loss of ₹83.81 crores in 2023.
Amount ₹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ₹526.57 | ₹658.63 | ₹128.16 | ₹836.13 |
| 2023 | ₹539.47 | ₹617.04 | ₹83.81 | ₹714.33 |
| 2024 | ₹875.00 | ₹853.10 | ₹14.08 | ₹854.65 |
| June 2024 | ₹342.27 | ₹343.60 | ₹06.62 | ₹908.10 |
Mobikwik Systems IPO Valuation – FY2024
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.
| KPI | Values |
| ROE: | 8.66% |
| ROCE: | -% |
| EBITDA Margin: | 4.18% |
| PAT Margin: | -% |
| Debt to equity ratio: | – |
| Earning Per Share (EPS): | ₹2.46 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 8.66% |
| Net Asset Value (NAV): | ₹28.43 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
| One 97 Communications Ltd | (22.33) | NA | (10.70) | 209.29 | 10,524.70 Cr. |
| Affirm Holdings, Inc^ | (133.60) | NA | (18.95) | 702.64 | 18,583.99 Cr. |
| PayPal Holdings, Inc.* | 308.00 | 22.17 | 20.17 | 1,570.97 | 2,38,168 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
- IPO Watch – Apply
- Ajcon Global Services – Apply
- Anand Rathi – May apply
- BP Equities (BP Wealth) – Apply
- Capital Market – Neutral
- Dilip Davda – May apply
- Geojit Securities – Apply
- KR Choksey Securities – Apply
- Marwadi Shares and Finance – Apply
- Nirmal Bang – Apply
- SMC Global – Neutral
- Swastika Investmart – Apply
- Ventura Securities – Apply
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
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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).
One Response
For necessary update