One Mobikwik Systems Limited IPO (Mobikwik IPO) Detail

Incorporated in 2009, Mobikwik is a technology driven Fintech company and is among one of the largest mobile wallets (MobiKwik Wallet) and Buy Now Pay Later (BNPL) players in India.

Company's business operations are divided into three major segments:

  1. BNPL - Consisting of MobiKwik Zip and Zip EMI which provides accessible and affordable small-ticket credit to middle-class Indians for daily payments as well as discretionary spending.
  2. Consumer Payments - Consisting of MobiKwik Wallet which is a mobile payments app.
  3. Payment Gateway - which includes Zaakpay, a payment gateway aggregator offering end-to-end payment solutions to online merchants.

The company is focussing on the fast-growing online payments market of India by providing everyday mobile payments and benefits of Buy Now Pay Later (BNPL) offerings. As of March 31, 2021, Mobikwik has over 101.37 million registered users and more than 3.44 million e-commerce, physical retail, and biller partners.

Competitive Strengths:

  • Strong synergy across business network benefiting all the parties.
  • Organic addition of majority of the users with low customer acquisition cost (CAC)
  • Strong consumer brand recognition and recall across the country
  • Technology-powered, Innovation Driven company.

Company Financials

Summary of financial Information (Restated Consolidated)
Particulars For the year/period ended (₹ in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Assets 4,231.39 3,379.36 3,350.84
Total Revenue 3,022.56 3,698.54 1,602.32
Profit After Tax (1,113.00) (999.20) (1,479.73)

Objects of the Issue

  • Funding organic growth initiatives;.
  • Funding inorganic growth; and
  • General corporate purposes.

Mobikwik IPO Details

Mobikwik IPO Date to
Mobikwik IPO Face Value ₹2 per share
Mobikwik IPO Price [.] to [.] per share
Mobikwik IPO Lot Size
Issue Size
Issue Type Book Built Issue IPO
Listing At BSE, NSE
Company Promoters

Bipin Preet Singh, Upasana Rupkrishan Taku, Koshur Family Trust, and Narinder Singh Family Trust are the company promoters.

Mobikwik IPO Promoter Holding

Pre Issue Share Holding 73.95%
Post Issue Share Holding

Mobikwik IPO Prospectus

Mobikwik IPO Rating

Rating:Rated 3.4 stars
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Company Contact Information

One Mobikwik Systems Limited
5 th Floor, HUDA City Centre,
Metro Station, Sector 29,
Gurugram, Gurgaon, Haryana, 122 001
Phone: +91 (124) 640 9190

Mobikwik IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270

Mobikwik IPO FAQs

Mobikwik IPO is a main-board IPO of [.] equity shares of the face value of ₹2 aggregating up to ₹[.] Crores. The issue is priced at [.] to [.] per share. The minimum order quantity is .

The Mobikwik IPO open and close dates are not available as of now.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Zerodha customers can apply online in Mobikwik IPO using UPI as a payment gateway. Zerodha customers can apply in Mobikwik IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Mobikwik IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Mobikwik IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Mobikwik IPO dates are not announced. Please check back again after some time.

Mobikwik IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in Mobikwik IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Mobikwik IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Mobikwik IPO allotment status.

The Mobikwik IPO listing date is not yet announced. The tentative date of Mobikwik IPO listing is [.].
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