Objective of the Issue

The Company proposes to utilise the Net Proceeds towards the following objects:

  1. Funding growth in the financial services business.
  2. Funding growth in the payment services business.
  3. Investment in data, ML, AI, product and technology.
  4. Capital expenditure for the payment devices business.
  5. General corporate purposes.

IPO Details, Price, Market Lot

Mobikwik IPO Details
IPO Open Date 11 December 2024
IPO Close Date 13 December 2024
IPO Issue Size 2,05,01,792 Shares (Aggregating up to ₹572.00 Cr)
Fresh Issue 2,05,01,792 Shares (Aggregating up to ₹572.00 Cr)
Offer for Sale NIL
Retail Portion Not more than 10% of the offer
NII Portion Not more than 15% of the offer
QIB Portion Not less than 75% of the offer
Listing At BSE, NSE
Mobikwik IPO Price
Face Value ₹2 Per Share
IPO Price Band ₹265 to ₹279 Per Share
Employee Discount
IPO Issue Type Book Built Issue
Mobikwik IPO Market Lot For Retail Investor
No. of Shares Per Lot 53 Shares
Minimum Lot Size 1 Lot (53 Shares)
Minimum Amount (Cut-off price) ₹14,787
Maximum Lot Size 13 Lots (689 Shares)
Maximum Amount (Cut-off price) ₹1,92,231
Mobikwik IPO Market Lot For S-HNI
No. of Shares Per Lot 53 Shares
Minimum Lot Size 14 Lots (742 Shares)
Minimum Amount (Cut-off price) ₹2,07,018
Maximum Lot Size 67 Lots (3,551 Shares)
Maximum Amount (Cut-off price) ₹9,90,729
Mobikwik IPO Market Lot For B-HNI
No. of Shares Per Lot 53 Shares
Minimum Lot Size 68 Lots (3,604 Shares)
Minimum Amount (Cut-off price) ₹1,005,516

IPO Date, Listing Date, Allotment Date

Mobikwik IPO Time Table (Tentative)
IPO Open Date 11 December 2024
IPO Close Date 13 December 2024
Basis of Allotment Date 16 December 2024
Initiation of Refunds 17 December 2024
Credit of Share to Demat Account 17 December 2024
IPO Listing Date 18 December 2024

Financial Report

Period Ended Assets
(₹ in Crore)
Revenue
(₹ in Crore)
P A T
(₹ in Crore)
Net Worth
(₹ in Crore)
Borrowings
(₹ in Crore)
30 June 2024 908.10 345.83 -6.62 216.54 206.34
31 March 2024 854.65 890.32 14.08 142.69 211.70
31 March 2023 714.33 561.12 -83.81 162.59 192.27
31 March 2022 836.13 543.22 -128.16 158.65 150.91
Period Ended 30 June 2024 31 March 2024 31 March 2023 31 March 2022
Assets 908.10 854.65 714.33 836.13
Revenue 345.83 890.32 561.12 543.22
P A T -6.62 14.08 -83.81 -128.16
Net Worth 216.54 142.69 162.59 158.65
Borrowings 206.34 211.70 192.27 150.91
Amount in ₹ Corre

Company Promotor & Promotor’s Holding

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

Pre Issue Promotor Holding 32.96%
Post Issue Promotor Holding 25.18%

Company Address

One Mobikwik Systems Limited
Unit 102, 1st Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, 122 003
Phone: +91 1244903344
Email: ipo@mobikwik.com
Website: https://www.mobikwik.com/

IPO Registrar, Lead Manager, Prospectus

Mobikwik IPO Prospectus
Mobikwik IPO Registrar
Link Intime India Private Ltd
IPO Lead Manager
  • SBI Capital Markets Limited
  • Dam Capital Advisors Ltd