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 FY 2024. From FY 2022 to FY 2024, the company’s Payment GMV grew at an annual rate of 45.88%, while the MobiKwik ZIP GMV (disbursements) saw an impressive growth rate of 112.16% annually.
One Mobikwik Systems operates as a platform business with a two-sided payments network, connecting consumers and merchants. As of 30 June 2024, the company has acquired 161.03 million registered users and enabled 4.26 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.
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.
Promoters of One Mobikwik Systems – Bipin Preet Singh, Upasana Rupkrishan Taku, Koshur Family Trust, and Narinder Singh Family Trust
Table of Contents
One Mobikwik Systems IPO Details
| One Mobikwik Systems IPO Dates | 11 – 13 December 2024 |
| One Mobikwik Systems Issue Price | INR 265 – 279 per share |
| Fresh issue | INR 572 crore |
| Offer For Sale | NIL |
| Total IPO size | INR 572 crore |
| Minimum bid (lot size) | 53 shares (INR 14,787) |
| Face Value | INR 2 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
One Mobikwik Systems Financial Performance
| Â | FY 2022 | FY 2023 | FY 2024 | Q1 FY 2025 |
| Revenue | 526.57 | 539.47 | 875.00 | 342.27 |
| Expenses | 658.63 | 617.04 | 853.10 | 343.60 |
| Net income | (128.16) | (83.81) | 14.08 | (6.62) |
| Margin (%) | (24.34) | (15.54) | 1.61 | (1.93) |
One Mobikwik Systems Offer News
- One Mobikwik Systems RHP
- One Mobikwik Systems DRHP
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
One Mobikwik Systems Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | FY 2024 (Pre-Issue) | FY 2024 (Post-Issue)* | |
| EPS | (22.18) | (23.04) | (14.66) | 2.38 | 1.77 |
| PE Ratio | – | – | – | 111.34 – 117.23 | 149.72 – 157.63 |
| FY 2022 | FY 2023 | FY 2024 | |
| RONW (%) | (59.19) | (58.74) | 8.66 |
| NAV | 38.94 | 24.95 | 28.43 |
| EBITDA (%) | (21.24) | (9.97) | 4.18 |
| Debt/Equity | 0.48 | 0.69 | 0.73 |
One Mobikwik Systems IPO GMP Today (Daily Trend)
| Date | Day-wise IPO GMP | Kostak | Subject to Sauda |
| 17 December 2024 | 157 | – | 2,700 |
| 16 December 2024 | 151 | – | 2,700 |
| 14 December 2024 | 138 | – | 3,500 |
| 13 December 2024 | 142 | – | 5,600 |
| 12 December 2024 | 135 | – | 4,500 |
| 11 December 2024 | 120 | – | 3,500 |
| 10 December 2024 | 120 | – | 3,500 |
| 9 December 2024 | 110 | – | 2,700 |
| 7 December 2024 | 70 | – | 2,500 |
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 150 crore
- Funding growth in the payment services business – INR 135 crore
- Investment in data, ML and AI, and product and technology – INR 107 crore
- Capital expenditure for the payment devices business – INR 70.29 crore
- General corporate purposes
One Mobikwik Systems – Comparison With Listed Peers
| Company | PE ratio | EPS | RONW (%) | NAV | Revenue (Cr.) |
| One Mobikwik Systems | 157.63 | 1.77 | 8.66 | 24.43 | 890.32 |
| One 97 Communications | NA | (22.33) | (10.70) | 209.29 | 10,524.70 |
| Affirm Holdings, Inc | NA | (133.60) | (18.95) | 702.64 | 18,583.99 |
| PayPal Holdings, Inc. | 22.17 | 307.20 | 20.17 | 1,570.97 | 2,38,168.0 |
One Mobikwik Systems IPO Dates & Listing Performance
| IPO Opening Date | 11 December 2024 |
| IPO Closing Date | 13 December 2024 |
| Finalization of Basis of Allotment | 16 December 2024 |
| Initiation of refunds | 17 December 2024 |
| Transfer of shares to demat accounts | 17 December 2024 |
| One Mobikwik Systems IPO Listing Date | 18 December 2024 |
| Opening Price on NSE | INR 440 per share (up 57.71%) |
| Closing Price on NSE | INR 528 per share (up 89.25%) |
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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:Â +912242022500
Email:Â [email protected]
Website:Â 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:Â +91 810 811 4949
Email:Â [email protected]
Website:Â 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:Â +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 157 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 2,700 per application.
