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.
Mobikwik Systems IPO open date is December 11, 2024 and the IPO will close on December 13, 2024. Mobikwik Systems IPO is a Book Built Issue. Mobikwik Systems IPO price band is ₹265 to ₹279 per share. The retail quota is 10%, QIB is 75%, and HNI is 15%. Mobikwik Systems IPO to list on BSE & NSE on December 18, 2024. The allotment of Mobikwik Systems IPO date is December 16, 2024. The company reported loss of ₹83.81 crores in 2023 against loss of ₹128.16 crores in 2022. As per the financials the IPO investors should apply the IPO for a long term.
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% |
Mobikwik Systems IPO Timeline
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 |
Mobikwik Systems IPO Lots
| IPO Activity | Date |
|---|---|
| Issue Price | ₹265.00-279.00 |
| Market Lot: | 53 Shares |
| 1 Lot Amount: | ₹14787 |
| Min Small HNI Lots(2-10 Lakh): | 742 shares (14 lots) – ₹207018 |
| Min Big HNI Lots(10+ Lakh): | 3604 shares (68 lots) – ₹1005516 |
Mobikwik Systems Limited: A Deep Dive into Financial Performance
One Mobikwik Systems Limited’s revenue increased by 59% and profit after tax (PAT) rose by 117% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 908.1 | 854.65 | 714.33 | 836.13 |
| Revenue | 345.83 | 890.32 | 561.12 | 543.22 |
| Profit After Tax | -6.62 | 14.08 | -83.81 | -128.16 |
| Net Worth | 158.65 | 162.59 | 142.69 | 216.54 |
| Reserves and Surplus | 147.21 | 151.15 | 131.26 | 205.1 |
| Total Borrowing | 206.34 | 211.7 | 192.27 | 150.91 |
