One Mobikwik Systems IPO GMP, Price, Date, Allotment

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One Mobikwik Systems IPO GMP

One Mobikwik Systems IPO Description – One Mobikwik Systems is a leading fintech company in India, recognized as one of the largest mobile wallet (MobiKwik Wallet) and Buy Now Pay Later (BNPL) providers, based on gross merchandise value (GMV) for both services in FY2023. From Fiscal 2021 to Fiscal 2023, the company’s Payment GMV grew at an annual rate of 32.33%, while the MobiKwik ZIP GMV (disbursements) saw an impressive growth rate of 354.86% annually.

One Mobikwik Systems operates as a platform business with a two-sided payments network, connecting consumers and merchants. As of 30 September 2023, the company has acquired 146.94 million registered users and enabled 3.81 million merchants to process payments both online and offline. The platform’s value to new and existing consumers continues to grow as the company expands its offerings in digital credit, investments, and insurance. For the six months ending on 30 September 2023, the company reported a profit of INR 9.48 crore.

With growing financial awareness among Indian consumers, the number of demat accounts has surged over five times, from 21 million in Fiscal 2013 to 114 million in Fiscal 2023, reflecting a CAGR of 18%. One Mobikwik Systems acquires consumers primarily through the MobiKwik app, which has a 4.4 rating on the Google Play Store and a 4.6 rating on the Apple App Store.

One Mobikwik Systems IPO Subscription

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


One Mobikwik Systems IPO Details

One Mobikwik Systems IPO DatesComing soon
One Mobikwik Systems Issue PriceComing soon
Fresh issueINR 700 crore
Offer For SaleNIL
Total IPO sizeINR 700 crore
Minimum bid (lot size)Coming soon
Face Value INR 2 per share
Retail Allocation10%
Listing OnNSE, BSE

One Mobikwik Systems Financial Performance

 FY 2021FY 2022FY 2023H1 FY 2024
Revenue288.57526.57539.47381.09
Expenses404.07658.63617.04366.83
Net income(111.30)(128.16)(83.81)9.48
Margin (%)(38.57)(24.34)(15.54)2.49
Figures in INR Crores unless specified otherwise

One Mobikwik Systems Offer News


One Mobikwik Systems Valuations & Margins

FY 2021FY 2022FY 2023
(Pre Issue)
H1 FY 2024
(Post-Issue)*
EPS(22.18)(23.04)(14.66)1.61
PE Ratio––––
* Calculated on the basis of annualized Profits After Tax for FY 2024
FY 2021FY 2022FY 2023
RONW (%)(556.13)(59.26)(59.09)
NAV(3.99)38.8924.80
EBITDA (%)(33.68)(21.24)(9.97)
Debt/Equity(0.01)0.480.69
*Compiled by IPO Central from Prospectus

One Mobikwik Systems IPO GMP Today (Daily Trend)

DateDay-wise IPO GMPKostakSubject to Sauda
Coming soon–––

One Mobikwik Systems IPO Objective

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:

  • Funding growth in the financial services business – INR 250 crore
  • Funding growth in the payment services business – INR 135 crore
  • Investment in data, ML and AI, and product and technology – INR 135 crore
  • Capital expenditure for the payment devices business – INR 70.29 crore
  • General corporate purposes

One Mobikwik Systems IPO Subscription – Live Updates

Coming soon

Shares allotted to anchor investors are not included in these calculations. Similarly, shares allotted to market makers, if any, are not part of these calculations.


One Mobikwik Systems – Comparison With Listed Peers

CompanyPE ratioEPSRONW (%)NAVRevenue (Cr.)
One Mobikwik Systems–(14.66)(59.09)24.80561.12
One 97 Communications(23.11)(27.50)(13.67)205.008,400.0
Affirm Holdings, Inc(15.74)(267.20)(38.25)682.9612,703.88
PayPal Holdings, Inc.28.11167.2011.521,427.752,20,144.0

One Mobikwik Systems IPO Allotment Status

One Mobikwik Systems IPO allotment status will be available on Link Intime’s website. Click on Link Intime IPO weblink to get allotment status.


One Mobikwik Systems IPO Dates & Listing Performance

IPO Opening DateComing soon
IPO Closing DateComing soon
Finalization of Basis of AllotmentComing soon
Initiation of refundsComing soon
Transfer of shares to demat accountsComing soon
One Mobikwik Systems IPO Listing DateComing soon
Opening Price on NSEComing soon
Closing Price on NSEComing soon

One Mobikwik Systems IPO Review – Subscribe or Avoid?

Angel One –
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One Mobikwik Systems Offer Lead Manager

DAM CAPITAL ADVISORS LIMITED
One BKC, Tower C, 15th Floor, Unit No.1511,
Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone: 
+912242022500
Email: [email protected]
Website: www.damcapital.in


One Mobikwik Systems Offer Registrar

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in


One Mobikwik Systems Contact Details

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


One Mobikwik Systems IPO FAQs

How many shares in One Mobikwik Systems IPO are reserved for HNIs and retail investors?

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

How to apply for One Mobikwik Systems Public Offer?

The best way to apply for One Mobikwik Systems public offer 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 One Mobikwik Systems IPO GMP today?

One Mobikwik Systems IPO GMP today is INR NA per share.

What is One Mobikwik Systems kostak rate today?

One Mobikwik Systems kostak rate today is INR NA per application.

What is One Mobikwik Systems Subject to Sauda rate today?

One Mobikwik Systems Subject to Sauda rate today is INR NA per application.

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