One Mobikwik Systems
Listed
Listed
IPO Timeline
Issue open date
11 Dec 2024Issue close date
13 Dec 2024UPI mandate deadline
13 Dec 2024Allotment finalization
16 Dec 2024Refund initiation
17 Dec 2024Share credit
17 Dec 2024Listing date
18 Dec 2024Mandate end date
28 Dec 2024Lock-in end date for anchor investors (50%)
15 Jan 2025Lock-in end date for anchor investors (remaining)
16 Mar 2025Key Dates
Open
11 Dec 2024Close
13 Dec 2024Listing
18 Dec 2024Quick Stats
Issue Size:572cr
Lot Size:53 shares
About the Company
Mobikwik is a leading fintech platform offering prepaid digital wallets and online payment services. With 161M+ users and 4.26M+ merchants, it enables seamless bill payments, purchases (online and offline), money transfers, and QR-based payments. The company also provides digital credit, investments, and insurance products, driving financial inclusion and growth. FY24 profit stood at ₹140.79M, with payment GMV growing at 45.88% CAGR (FY22-24).
Strengths
No strengths provided as of now. Please check back later.
Risks
- Competition from established fintech and payment players.
- Dependence on regulatory compliance in a dynamic environment.
- High reliance on digital credit and associated risks of defaults.
- Potential scalability challenges as the ecosystem expands.
One Mobikwik Systems IPO – Frequently Asked Questions
- The price band for the One Mobikwik Systems IPO is set at ₹265 to ₹279 per share.
- The One Mobikwik Systems IPO opens on December 11, 2024 and closes on December 13, 2024.
- The tentative listing date for the One Mobikwik Systems IPO is December 18, 2024.
- You can apply for the One Mobikwik Systems IPO via your broker or bank using ASBA or UPI. Log in to your trading app (Zerodha, Upstox, Groww, etc.), select IPO section, choose One Mobikwik Systems, enter lot quantity and UPI ID, then approve the mandate.
- The lot size for the One Mobikwik Systems IPO is 53 shares. Investors must apply for at least one lot (i.e., 53 shares).