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One Mobikwik Systems IPO
66.72xsubscribed

One Mobikwik Systems IPO

Finance - Others
listed
₹14,045Min. investment

Mobikwik IPO Details

SectorFinance - Others
Price range₹265 – ₹279
IPO type
Regular
Lot size53 shares
Issue size₹572Cr
Red Herring Prospectus
Read
Market cap
₹2,295.4CrLower than sector avg
RevenueApr 2023 - Mar 2024
₹875CrLower than sector avg
Growth rate3Y CAGR
18.45%Higher than sector avg

One Mobikwik Systems IPO Timeline

  1. Pre-apply
    10 Dec 2024
  2. Bid start
    11 Dec 2024
  3. Bid end
    13 Dec 2024
  4. Allotment
    16 Dec 2024
  5. Release of funds
    17 Dec 2024
  6. Demat transfer
    17 Dec 2024
  7. Listing
    18 Dec 2024

About Mobikwik

Incorporated in March 2008, MobiKwik is a leading fintech company offering prepaid digital wallets and online payment services. MobiKwik operates through two core business verticals: Payments and Financial Services. Its comprehensive ecosystem includes digital wallets, UPI, credit solutions like "MobiKwik ZIP," investment products, and insurance. As of June 30, 2024, MobiKwik had 16.10 crore registered users and 0.43 crore merchants across online and offline channels. Between FY22 and FY24, revenue from the financial services business rose at a CAGR of 78.7% to reach ₹557.8 crore, making up 63.7% of total revenue. Meanwhile, overall revenue increased at a CAGR of 18.4% during the same period.

One Mobikwik Systems IPO Analysis

IPO REVIEW

One Mobikwik Systems IPO | Analysis Video

Should you apply?

Watch our analysts break down the One Mobikwik Systems IPO — business model, financials, valuation and key risks — to help you decide whether to apply. The video covers the IPO price band, important dates, and what the subscription numbers mean for retail investors.

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of One Mobikwik Systems IPO

Business expansion
The company will use the net proceeds for funding organic growth of its businesses.
New Products Development
The company will use ₹107 crore in research and development in data.
Capital Expenditure
The company plans ₹70.2 crore towards capital expenditure for its payment devices business.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratio
This IPO₹875Cr18.45%₹14.08Cr₹2,295.4Cr113.40
This sector (avg.)₹2,201.91Cr0.04%₹158.94Cr₹15,153.53Cr69.38
₹3,142.32Cr---₹1,317.06Cr₹1,13,921.6Cr64.62
₹47,776.13Cr---₹406.76Cr₹55,687.72Cr335.57
₹3,295.09Cr---₹1,015.3Cr₹45,999.49Cr39.80

*Revenue for financial year 2023-24. Lower P/E and D/E ratios are generally preferred.

One Mobikwik Systems IPO Contact Details

Company NameMobikwik

How to apply for One Mobikwik Systems IPO ?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

One Mobikwik Systems IPO FAQs

Investors can apply for the One Mobikwik Systems IPO through their Demat account via the stock exchange or through their broker.
The issue size of the One Mobikwik Systems IPO is 572 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
One Mobikwik Systems IPO will be open between 2024-12-11 and 2024-12-13.
One Mobikwik Systems IPO allotment date is 2024-12-17. For One Mobikwik Systems IPO allotment status check, you can visit the website of the registrar of the IPO.
For One Mobikwik Systems IPO , the IPO registrar is Link Intime India Private Limited. You can check One Mobikwik Systems IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The One Mobikwik Systems IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The One Mobikwik Systems IPO lot size is 53 and minimum order quantity is 53.
One Mobikwik Systems IPO has set the price band for its IPO at 279 per equity share with a face value of 2.