One MobiKwik Systems grants over 3.2 lakh ESOPs

Fintech firm One MobiKwik Systems on Thursday, June 12, announced the grant of 3,27,688 stock options to eligible employees of the company.

Each stock option is convertible into one fully paid-up equity share of face value ₹2, and the options are priced at face value, the company said in a regulatory filing.

"...the Nomination & Remuneration Committee of the Board of Directors of the Company via circular resolution has approved the grant of 3,27,688 stock options under MobiKwik Employee Stock Option Plan 2014 to the eligible employees of the company on June 12, 2025," it said.

The options would not be subject to lock-in and will vest over four years, with 20% vesting each after the first and second years, and 30% each after third and fourth years.

Shares of One MobiKwik Systems were trading 2.52% lower at ₹274.15 apiece, at around 2:40 pm, on the National Stock Exchange (NSE). The stock slipped 2.93% to an intra-day low of ₹273 per share, on Thursday.

The stock hit a 52-week low of ₹227.25 on May 9, 2025 and a high of ₹698.30 on December 26, 2024.

One MobiKwik Systems' total market capitalisation stood at ₹2,129.77 crore, as of June 12, 2025, on the NSE.