One MobiKwik Systems Limited IPO will open in 2022. MobiKwik is the largest Buy Now Pay Later (BNPL) fintech company and one of the largest mobile wallets in India.
List of Topic Covered
Key Features of MobiKwik IPO
- MobiKwik IPO will open on 2022
- You can apply in this IPO from 2022 to 2022
- Issue Price band of the company is Rs. per equity share.
- This IPO comprises fresh issue of equity shares worth ₹ 1500 crores and an offer for sale (OFS) of equity shares worth ₹ 400 crores by promoters and existing shareholders.
- It has a minimum shares in one lot and you have to spend a minimum ₹ for 1 lot.
- MobiKwik IPO is looking to raise ₹ 1900 crores through this IPO.
What is One MobiKwik Systems Limited ?
- Founded in 2009, MobiKwik is an Indian payment service provider that provides payment system and digital wallet.
- They have business operations with three segments mainly in,
- BNPL – Buy Now Pay Later which include MobiKwik Zip and Zip EMI
- Consumer Payments – Includes MobiKwik Wallet app.
- Payment Gateway – Includes Zaakpay mainly works for online merchants.
- Their services include bill payments, ecommerce shopping, food delivery, petrol pumps, large retail chains, pharmacies, kirana stores, etc.
- As of today MobiKwik have over 101 million Registered Users and more than 3 million ecommerce, physical retail and biller partners.
- Bipin Preet Singh (MD and CEO) and Upasana Taku (COO) are the founders of MobiKwik.
- On the revenue front, MobiKwik has been a loss making company for the last 3 consecutive years. An important point to consider for investors.
Grey Market Premium of MobiKwik IPO GMP
Grey market is an unregulated market to trade ipo shares before listing. MobiKwik IPO price band is placed at ₹ – ₹ , but the grey market premium of this share is currently % i.e. at ₹. So the share price of MobiKwik IPO in the grey market is ₹.
MobiKwik IPO Live Subscription Status
Data coming soon.
MobiKwik IPO Conditions to know before Investing, Date, Lot Size, Allotment
| IPO Start Date | 2022 |
| IPO Close Date | 2022 |
| Share Allotment Date | 2022 |
| Refunds Date | 2022 |
| Credit to Demat Account Date | 2022 |
| IPO Listing Date | 2022 |
| Fresh Equity Share Issue | Approx worth ₹ 1500 crores |
| Offer For Sale (OFS) Equity Share | Approx worth ₹ 400 crores |
| Face Value | ₹ 2 Per Equity Share |
| Price Band | ₹ – ₹ Per Equity Share |
| Retail Quota Share | 35 % |
| QIB Quota | 50 % |
| NII Quota | 15 % |
| Listing on | NSE & BSE |
| Minimum Lot Size | Shares in 1 Lot |
| Minimum Amount | ₹ _ For 1 Lot |
| Maximum Lot Size | Shares (_Lot) |
| Maximum Amount | ₹_ (For _Lot) |
| Employee Discount | NA |
| DRHP | View |
MobiKwik IPO Financial Report of 2019,2020 & 2021
Company is making profits for the last three years which is a strong positive sign for the investors.
| Year | Revenue | Expense | PAT (Profit After Tax) |
| 2021 | ₹ 302 | ₹ 404 | – ₹ 111.30 |
| 2020 | ₹ 370 | ₹ 454 | – ₹ 99.92 |
| 2019 | ₹ 160 | ₹ 302 | – ₹ 147.97 |
Basis of Allotment in MobiKwik IPO
- MobiKwik IPO’s 50 % quota is reserved for the QIB category.
- 15 % quota is reserved for NII Category and
- 35 % quota is reserved for retail investors.
How to Apply in MobiKwik IPO
- You can apply for the MobiKwik IPO through the ASBA facility available in your bank account.
- Just login to your online banking. GO to the IPO section and apply for MobiKwik IPO
- Also you can apply this IPO through your trading account
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the MobiKwik IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see MobiKwik IPO
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the MobiKwik IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name MobiKwik IPO
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
MobiKwik IPO Allotment Status
You can check MobiKwik IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in MobiKwik IPO
MobiKwik Systems Limited Promoters
- Bipin Preet Singh
- Upasana Rupkrishan Taku
- Koshur Family Trust
- Narinder Singh Family Trust
MobiKwik IPO Lead Managers
- BNP Paribas
- Credit Suisse Securities (India) Private Limited
- ICICI Securities Limited
- IIFL Securities Ltd
- Jefferies India Private Limited
MobiKwik contact information
One Mobikwik Systems Limited
5 th Floor, HUDA City Centre,
Metro Station, Sector 29,
Gurugram, Gurgaon, Haryana, 122 001
- Phone: +91 (124) 640 9190
- Email: cs@mobikwik.com
- Website: https://www.mobikwik.com/
MobiKwik IPO Registrar Contact Information
Link Intime India Private Ltd
- Phone: +91-22-4918 6270
- Email: mobikwik.ipo@linkintime.co.in
- Website: https://linkintime.co.in/
MobiKwik Systems Limited IPO FAQs
What is MobiKwik IPO?
MobiKwik IPO is the main-board IPO which will be listed on NSE & BSE. They are going to raise ₹ 1900 crore through this IPO. One lot has minimum shares and you have to spend a minimum ₹ for 1 lot.
What is MobiKwik IPO Price band?
MobiKwik IPO price band is ₹ to ₹.
What is the investors portion in MobiKwik IPO?
MobiKwik IPO’s 35 % quota is reserved for retail investors. 15 % quota is reserved for NII Category and 50 % quota is reserved for the QIB category.
When MobiKwik IPO will open?
MobiKwik IPO will open in 2022.
What is the lot size of MobiKwik IPO?
MobiKwik has minimum shares in 1 lot. Minimum amount for 1 lot is ₹ . Maximum lot size is and maximum amount you have to pay for lot is.
When is the MobiKwik IPO Allotment?
Basis of Allotment for Mobikwik IPO will happen on and allotted shares will be deposited in your demat account on.
When is the MobiKwik IPO Listing Date?
Shares of MobiKwik will list in the market on.
Paisa kaudi recommendation on MobiKwik IPO
MobiKwik is the largest BNPL fintech company and mobile wallets in India. Revenue wise MobiKwik is in loss from last three years. Price range and other parameters are yet to come.
Keep checking the page for complete details. Data coming soon.
I hope this covers all the points on MobiKwik IPO.
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