One Mobikwik Systems Limited has launched its IPO, which opens for subscription on December 11, 2024, and closes on December 13, 2024. This is a mainboard IPO comprising a fresh issue of 2.05 crore shares aggregating up to ₹572 crores. The IPO allotment is expected on December 16, 2024, with the listing date scheduled for December 18, 2024, on BSE and NSE.
The price band for the Mobikwik IPO is ₹265 to ₹279 per share, and the minimum IPO lot size is 53 shares.
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One MobiKwik Systems Limited IPO Timeline (Tentative)
Here is a table with all the key details of the One Mobikwik Systems IPO:
| Key Detail | Information |
| IPO Opening Date | December 11, 2024 |
| IPO Closing Date | December 13, 2024 |
| Allotment Date | December 16, 2024 |
| Listing Date | December 18, 2024 |
| Face Value | ₹2 per share |
| Price Band | ₹265 to ₹279 per share |
| Minimum Order Quantity | 53 Shares |
| Market Lot | 53 Shares |
| Total Issue Size | ₹572 Crores |
| Maximum Bid Quantity for Qualified Institutional Investors | 21584886 |
| Maximum Bid Quantity for Non-Institutional Investors | 5396195 |
| IPO Segment | Book Built Issue IPO |
| Book Running Lead Managers | SBI Capital Markets, DAM Capital Advisors Ltd |
| Registrar | Link Intime India Pvt Ltd |
About One Mobikwik Systems Limited
Mobikwik, founded in 2008, is a fintech company known for its digital wallets and payment solutions. It serves over 161 million users and 4.26 million merchants as of June 2024. It offers services like bill payments, UPI transactions, credit products, and merchant payment tools like soundboxes and EDC machines. The company has innovative products like MobiKwik ZIP (buy now, pay later) and is known for its consumer-centric solutions.
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Here are the key details for One MobiKwik Systems Limited Initial Public Offering (IPO)
- One MobiKwik Systems Limited IPO Launch Date: December 11, 2024
- One MobiKwik Systems Limited IPO Closing Date: December 13, 2024
- One MobiKwik Systems Limited IPO Allotment Date: December 16, 2024
- One MobiKwik Systems Limited IPO Price Band: ₹265 to ₹279 per share
- One MobiKwik Systems Limited IPO Lot Size: 53 shares
- One MobiKwik Systems IPO Face Value: ₹2 per share
- One MobiKwik Systems Limited IPO Listing Date: December 18, 2024
- One MobiKwik Systems IPO GMP: ₹131, last updated on Dec 10th, 2024, 02:31 PM.
One Mobikwik Systems Limited: Financial Overview
Mobikwik has shown significant revenue growth, increasing by 59% between FY23 and FY24. Let’s take a look at the company’s overall financial performance!
| Year | Assets (₹ Cr) | Revenue (₹ Cr) | Profit After Tax (₹ Cr) | Net Worth (₹ Cr) | Reserves and Surplus (₹ Cr) | Total Borrowing (₹ Cr) |
| 30 Jun 2024 | 908.10 | 345.83 | -6.62 | 216.54 | 147.21 | 206.34 |
| 31 Mar 2024 | 854.65 | 890.32 | 14.08 | 142.69 | 151.15 | 211.70 |
| 31 Mar 2023 | 714.33 | 561.12 | -83.81 | 162.59 | 131.26 | 192.27 |
| 31 Mar 2022 | 836.13 | 543.22 | -128.16 | 158.65 | 205.10 | 150.91 |
FAQs – One MobiKwik Systems Limited IPO
Mobikwik is a leading fintech platform offering digital wallets, UPI payments, and financial services to consumers and merchants.
The IPO opens on December 11, 2024, and closes on December 13, 2024.
The minimum lot size is 53 shares.
The One MobiKwik Systems Limited IPO allotment is expected to be finalised on December 16, 2024.
The price band of One MobiKwik Systems Limited IPO is ₹265 to ₹279 per share.
The IPO listing date of One MobiKwik Systems Limited IPO is tentatively set for December 18, 2024.
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Disclaimer: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.