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  1. One MobiKwik Systems shares soar over 6% for third consecutive day; here is why

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One MobiKwik Systems shares soar over 6% for third consecutive day; here is why

WhatsApp Image 2025-01-20 at 11.25.23.jpeg

2 min read | Updated on September 03, 2025, 10:14 IST

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SUMMARY

As per the latest shareholding pattern, Abu Dhabi Investment Authority held a 2.1% stake in One MobiKwik Systems. According to the exchange data, the institutional investor sold 16.4 lakh shares in the company at ₹238 apiece, worth ₹39 crore.

Stock list

MOBIKWIK
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Shares of fintech firm One Mobikwik Systems Ltd on December 18, 2024, listed with a huge premium of over 58% against the issue price of ₹279.

Shares of fintech firm One Mobikwik Systems Ltd on December 18, 2024, listed with a huge premium of over 58% against the issue price of ₹279.

Shares of One MobiKwik Systems continued its momentum rally for the third consecutive day after major block deal on Monday. The shares jumped over 12%. The stock soared over 8% on Monday after ADIA (Abu Dhabi Investment Authority) pared its stake via block deals.

The shares are trading 3.4% up at ₹290 apiece on the NSE at 10:10 am on Tuesday morning. The shares have fallen over 50% in 2025 on a YTD basis.

As per the latest shareholding pattern, Abu Dhabi Investment Authority held a 2.1% stake in the company. According to the exchange data, the institutional investor sold 16.4 lakh shares in the company at ₹238 apiece, worth ₹39 crore.

After Abu Dhabi Investment Authority, other key public shareholders include Bajaj Finance (10.2%), Peak XV Partners (9.9%), Times Internet (1.9%), Cisco Systems (1.5%) and American Express Travel Related Services (1.3%).

Earlier in July, the company’s wholly-owned subsidiary -- Mobikwik Securities Broking (MSBPL), received regulatory approval from the Securities and Exchange Board of India (SEBI) to act as a stockbroker/clearing member. The certificate of registration was issued by SEBI on July 01, 2025, enabling MSBPL to carry on the activities of buying, selling, dealing, clearing and settlement of equity trades.

The sales slipped to ₹269 crore for the June 2025 quarter as against ₹340 crore during the year-ago period. The net loss for the quarter ended June 2025 is ₹39 crore as compared to the net loss of ₹11.3 crore of the corresponding quarter ended June 2024.

On a YTD basis, shares of One MobiKwik Systems fell over 54% in 2025, eroding investor wealth. The shares are currently trading below the IPO issue price of ₹279 apiece, which got listed on December 18, 2024.

One Mobikwik Systems is a platform business at its core that has a two-sided payments network consisting of consumers and merchants. The principal activities of the company and its subsidiaries consist of issuing and operating prepaid payment instruments (Wallet Payment System) and providing payment gateway services. The company has also provided a financial services platform, facilitating various loan products in association with financing partners.

SIP
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About The Author

WhatsApp Image 2025-01-20 at 11.25.23.jpeg
Rohan Takalkar is a senior writer at Upstox and a seasoned capital markets analyst with around 9 years of experience. He is passionate about writing on equities, global markets, and the economy.