Mobikwik Systems IPO Details
| IPO Open Date: | December 11, 2024 |
| IPO Close Date: | December 13, 2024 |
| Face Value: | ā¹2 Per Equity Share |
| IPO Price Band: | ā¹265 to ā¹279 Per Share |
| Issue Size: | Approx ā¹572 Crores |
| Fresh Issue: | Approx ā¹572 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 ā¹14,787 application amount. The retail investors can apply up-to 13 lots with 689 shares or ā¹1,92,231 amount.
| Application | Lot Size | Shares | Amount |
| Retail Minimum | 1 | 53 | ā¹14,787 |
| Retail Maximum | 13 | 689 | ā¹1,92,231 |
| S-HNI Minimum | 14 | 742 | ā¹2,07,018 |
| B-HNI Minimum | 68 | 3,604 | ā¹10,05,516 |
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 itās 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 ā¹875.00 crores in 2024 against ā¹539.47 crore in 2023. The company reported profit of ā¹14.08 crores in 2024 against loss of ā¹83.81 crores in 2023.
Amount ā¹ in Crores
| Period Ended | Revenue | Expense | Profit After Tax | Assets |
| 2022 | ā¹526.57 | ā¹658.63 | ā¹128.16 | ā¹836.13 |
| 2023 | ā¹539.47 | ā¹617.04 | ā¹83.81 | ā¹714.33 |
| 2024 | ā¹875.00 | ā¹853.10 | ā¹14.08 | ā¹854.65 |
| June 2024 | ā¹342.27 | ā¹343.60 | ā¹06.62 | ā¹908.10 |
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): | ā¹2.46 (Basic) |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 8.66% |
| Net Asset Value (NAV): | ā¹28.43 |
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 ā 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