MobiKwik IPO

MobiKwik IPO GMP

MobiKwik IPO description – MobiKwik is a fintech company and is among the largest mobile wallets (MobiKwik Wallet) and Buy Now Pay Later (BNPL) players in India, based on mobile wallet gross merchandise value (GMV) and BNPL GMV, respectively, in FY2021.

The company commenced operations in 2009 with the MobiKwik Wallet so that users could load money into a mobile wallet and use it to pay their utility bills in a single click. Over the years, the mobile wallet use-cases have expanded to include, among others, ecommerce shopping, food delivery, petrol pumps, large retail chains and pharmacies.

Its large merchant network includes websites and mobile apps, where the MobiKwik Wallet is a payment option in the checkout as well as physical retail stores, where the MobiKwik Wallet is a QR code payment option at the point-of-sale (POS)/ cashier. Its platform also enables peer-to-peer payments via unified payment interface (UPI), MobiKwik Wallet as well as MobiKwik Wallet to bank payments. As of 31 March 2021, the company had over 101.37 million registered users and more than 3.44 million ecommerce, physical retail and biller partners.

In order to further enhance its value proposition to online merchants, MobiKwik introduced its payment gateway, Zaakpay, in 2012. Zaakpay enables online websites and mobile apps to collect payments from their users using multiple payment options, including debit and credit cards, mobile wallets, UPI and net banking. In May 2019, the company launched MobiKwik Zip, its flagship BNPL product, with a focus on the Indian middle-class population. MobiKwik Zip is focused on providing majority of users forming part of the unserved Indian population their first experience of credit. As of 31 March 2021, 22.25 million users have been pre-approved for MobiKwik Zip.

Promoters of One MobiKwik Systems – Bipin Preet Singh, Upasana Rupkrishan Taku, Koshur Family Trust and Narinder Singh Family Trust


MobiKwik IPO offer details

Subscription DatesComing soon
Price Band Coming soon
Fresh issueINR1,500 crores
Offer For SaleINR400 crores
Total IPO sizeINR1,900 crores
Minimum bid (lot size)Coming soon
Face Value INR2 per share
Retail Allocation10%
Listing OnNSE, BSE

MobiKwik’s Financial Performance (in INR crore)

 FY2019FY2020FY2021
Revenue160.2369.9302.3
Expenses302.1454.5404.1
Net income(147.6)(99.2)(111.0)
Margin (%)(92.1)(26.8)(36.7)

More about MobiKwik IPO Offer


MobiKwik IPO Valuation (as of FY2021)

Earnings Per Share (EPS): (INR22.18)
Price/Earnings (PE ratio): NA
Return on Net Worth (RONW): 556.15%
Net Asset Value (NAV) per share: (INR3.88)


MobiKwik IPO GMP Daily Trend

DateMobiKwik IPO GMPKostakSubject to Sauda

MobiKwik Offer Subscription Details (no. of times)

CategoryShares OfferedDay 1Day 2Day 3
QIB
NII
Retail
Employees
Total

MobiKwik Offer Reviews – Subscribe or Avoid?

Angel One –
Anand Rathi –
Antique Stock Broking –
Arihant Capital –
Ashika Research –
Asit C Mehta –
Canara Bank Securities –
Choice Broking –
Elite Wealth –
GEPL Capital –
Hem Securities –
ICICIdirect –
IDBI Capital –
KR Choksey –
Marwadi Financial Services –
Motilal Oswal –
Nirmal Bang –
Religare Broking –
Samco Securities –
SMC Global –
Ventura Securities –


Registrar of MobiKwik IPO

Link Intime India Private Limited 
C-101, 1st Floor, 247 Park Lal Bahadur Shastri Marg,
Vikhroli (West) Mumbai – 400 083
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email[email protected]
Website: http://www.linkintime.co.in


MobiKwik Contact Details

One MobiKwik Systems Limited
5th Floor, HUDA City Centre, Metro Station, Sector 29, Gurugram, Gurgaon – 122001
Phone: +91 (124) 640 9190
Email: [email protected]
Website: www.mobikwik.com


MobiKwik IPO Allotment Status

MobiKwik IPO allotment will be available on Link Intime’s website. Click on this link to get allotment status.


Listing Performance of One MobiKwik Systems

IPO Opening Date: Coming soon
IPO Closing Date: Coming soon
Finalisation of Basis of Allotment: Coming soon
Initiation of refunds: Coming soon
Transfer of shares to demat accounts: Coming soon
Listing Date: Coming soon
Opening Price on NSE: Coming soon
Closing Price on NSE: Coming soon


MobiKwik IPO FAQs

How many shares HNIs and retail investors are entitled to in MobiKwik IPO?

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

How to apply in MobiKwik Public Offer?

The best way to apply in MobiKwik Initial Public Offering is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.

What is MobiKwik Offer Size?

MobiKwik offer size is INR1,900 crore at the upper price band.

What is MobiKwik IPO Price Band?

MobiKwik IPO Price Band is yet to be updated.

What is the lot size of MobiKwik IPO?

MobiKwik IPO lot size and the minimum order is yet to be updated.

What is MobiKwik IPO Allotment Date?

MobiKwik IPO allotment date is yet to be updated. The allotted shares will be credited to demat account by yet to be updated.

1 COMMENT

  1. Dear sir

    Please my request all of my Indian people this company is frud becouse he is get loan form fultron and keep in yours wallets and own his and blok yours waillait I take letest experience and fultron is puting lone in our cibill witch is we are not use I fifteen mail send to Mobikik cc to fultron but no reply last one and half month so please noted

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