| Company Name | One Mobikwik Systems Limited |
| Open Date | 11-12-2024 |
| Close Date | 13-12-2024 |
| Exchange | BSE, NSE |
| Lot Size | 53 Shares |
| Issue Price | ₹265 to ₹279 per share |
| Issue Size | 20,501,792 shares |
| Application Amount | ₹14,787 |
| Recommendation | Avoid |
Incorporation: Incorporated in 2008, The company’s registered office is located at Gurugram, Haryana.
Business Activity: It’s a fintech company operating in digital financial services and digital payments space accounting for 50-50 revenue mix for Q1FY2025. Commencing operations through the MobiKwik Wallet, the company has over the years, evolved into providing and distribution of a diverse array of financial services, ranging from credit (MobiKwik ZIP, ZIP EMI), digital payments (MobiKwik Wallet, Zaakpay, UPI) and facilitating P2P lending (MobiKwik Xtra). The company leverage big data analytics and deep data science (including machine learning) to continuously service users and merchants on its platform.
Human Resource: As of June 30, 2024, they had 2,213 employees, including 726 permanent employees and 1,487 contract employees.
| KPI’s | FY 22 | FY 23 | FY 24 | Sep-24 |
| Revenue | 526.57 | 539.47 | 875.00 | 342.27 |
| EBITDA | -132.06 | -77.57 | 21.91 | -1.33 |
| Net Profit | -128.16 | -83.81 | 14.08 | -6.61 |
| RoCE | -59.74% | -45.78% | 8.12% | -1.70% |
| ROE | -59.19% | -58.74% | 8.66% | -4.17% |
| P/E | - | - | - | - |
| Opening Date | 11/12/2024 |
| Closing Date | 13-12-2024 |
| Basis of Allotment | 16-12-2024 |
| Initiation of Refunds | 17-12-2024 |
| Credit of Shares to Demat | 17-12-2024 |
| Listing Date | 18-12-2024 |
| To Funding growth in the financial services business |
| Funding growth in the payment services business |
| Investment in data, ML, AI, product and technology |
| Capital expenditure for the payment devices business |
| General Corporate Purposes |
| Registered Office | One Mobikwik Systems Limited Unit 102, 1st Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, 122 003 |
| Phone | +91 1244903344 |
| ipo@mobikwik.com | |
| Website | https://www.mobikwik.com/ir |
| Mobikwik IPO DRHP |
| Mobikwik IPO RHP |
| Name | Link Intime India Private Ltd |
| Phone | +91-22-4918 6270 |
| mobikwik.ipo@linkintime.co.in | |
| Website | https://linkintime.co.in/initial_offer/public-issues.html |
| Anchor Investor Shares Offered | 92,25,807 (45%) |
| QIB Shares Offered | 61,50,538 (30%) |
| NII (HNI) Shares Offered | 30,75,269 (15%) |
| bNII > ₹10L | 20,50,179 |
| sNII < ₹10L | 10,25,089 (5%) |
| Retail Shares Offered | 20,50,179 (10%) |
| Share Holding Pre Issue (Promoters) | 34.21% |
| Share Holding Post Issue (Promoters) | 25.18% |