IPO

One Mobikwik Systems Limited IPO

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Financial Technology (Fintech)

Listed On: Dec 18, 2024 at ₹ 440.0(NSE)

₹ 14787 /53 Shares

Check Allotment

11 Dec, 2024

Open Date

13 Dec, 2024

Close Date

16 Dec, 2024

Allotment Date

18 Dec, 2024

Listing Date
Price Summary

Last Closing

266.95 (-4.32%)

52 Week High

698.30

52 Week Low

219.20

Last Update

17-Oct-2025 3:30 PM
One Mobikwik Systems IPO Issue Details
  • Issue Price ₹265-279 per equity share
  • Face Value ₹2 Per Equity Share
  • Total Issue Size 2,05,01,792 shares(aggregating up to ₹572 crore)
  • Fresh Share 2,05,01,792 shares(aggregating up to ₹572 crore)
  • Listing at BSE, NSE
  • List Price 440.0(NSE)
  • Listing Date 2024-12-18
  • Lead Manager SBI Capital Markets Limited
    Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
  • Registrar Link Intime India Private Ltd
Market Lot Size

Investors can bid for a minimum of 53 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.

ApplicationLotsSharesAmount
Retail (min)153₹14,787
Retail(max)13689₹1,92,231
One Mobikwik Systems IPO Reservation

One Mobikwik Systems IPO offers total 2,05,01,793 shares. Out of which 61,50,538 (30%) allocated to QIB, 30,75,269 (15%) allocated to NII,20,50,179 (10%) allocated to RII, NA (NA%) allocated to employees and 92,25,807 (45%) allocated to Anchor investors.

Investor CategoryShares OfferedMaximum Allottees
Anchor Investor Shares Offered92,25,807 (45%)
QIB Shares Offered61,50,538 (30%)
NII (HNI) Shares Offered30,75,269 (15%)
bNII < ₹10L20,50,179 (10%)
sNII < ₹10L10,25,089 (5%)
Retail Shares Offered20,50,179 (10%)
Total Shares Offered2,05,01,793 (100%)
One Mobikwik Systems IPO Documents
One Mobikwik Systems IPO Details


One Mobikwik Systems IPO is a book-built issue of ₹572 crores, The total issue size is ₹572 crores. The IPO of One Mobikwik Systems is priced at ₹265-279 per equity share, which has a face value of ₹2 Per Equity Share each, IPO bidding starts from Dec 11, 2024 and ends on Dec 13, 2024. The allotment for One Mobikwik Systems IPO will be finalized on Dec 16, 2024. One Mobikwik Systems IPO will be listed on BSE, NSE, with a tentative listing date fixed as Dec 18, 2024. The company shall list its equity shares on the BSE, NSE. Link Intime India Private Ltd is the registrar of the issue.

Retail investors can bid for a minimum of 53 shares, extendable to 14,787. The book-running lead manager for the IPO is/are SBI Capital Markets Limited, Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd).

The total issue ₹572 crore, comprising a fresh issue of 2,05,01,792 shares ₹572 crore
The One Mobikwik Systems IPO sets its price band at 265-279 for each share. A single application for One Mobikwik Systems Limited IPO must contain at least 53 shares. Sentiment investors need to invest a minimum of 53 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹14,787

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One Mobikwik Systems IPO Subscription Analysis And Details
Retail
134.67x
QIB
119.50x
NII
108.95x
bNII
104.20x
sNII
118.45x
Total
119.38x
As onQIBNII
bNII   sNII
RetailTotal
Shares Offered / Reserved6,150,5383,075,269
2,050,179    1,025,089
2,050,17911,275,986
Day 1 11-12-24 05:00 PM
0.02 x8.98
6.68 x   13.56 x
26.75 x7.32 x
Day 2 12-12-24 05:00 PM
0.84 x30.07
24.60 x   41.02 x
64.65 x20.41 x
Day 3 13-12-24 05:00 PM
119.50 x108.95
104.20 x   118.45 x
134.67 x119.38 x

Total No of Applications
46,88,210
Subscription on the basis of Applications
Retail:115.56x BHNI:21.51x SHNI:116.76x
One Mobikwik Systems Valuations
EPS Pre IPO 2.46
EPS Post IPO -3.22
P/E Pre IPO 113.32
P/E Post IPO -86.75
Debt/Equity 0.73
RoNW 8.66%
Price to Book Value 9.81
One Mobikwik Systems Company Financials
In Crs.
In Cr.
31-Mar-2431-Mar-2331-Mar-22
Assets854.65714.33836.13
Revenue890.32561.12543.22
Profit After Tax14.08-83.81-128.16
Net Worth162.59142.69216.54
Reserves & Surplus151.15131.26205.1
Total Borrowing211.7192.27150.91
About One Mobikwik Systems Company

MobiKwik is one of the leading the digital payments space by changing the behavior of the consumers toward mobile wallets and Buy Now Pay Later services. In the direction of ease and financial inclusion, MobiKwik attempts to scale down the pain that is connected with every day mobile payments and enables easy access to BNPL options. Focusing on ease, financial inclusion, and customer experience, MobiKwik has emerged as a preferred option for the online shoppers across UPI-powered peer-to-peer payments, effortless MobiKwik Wallet transactions, and smooth wallet-to-bank transfers.

MobiKwik Subsidiaries Zaakpay, a strong payment gateway, and MobiKwik Zip, the flagship BNPL solution, make waves. All of these services are designed to enhance the digital payment experience while allowing the user to shop, pay, and manage credit requirements easily and securely. As one of India's leading mobile wallet and BNPL providers, MobiKwik is now empowering millions of consumers and merchants to move toward a cashless future.

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One Mobikwik Systems - Promoter(s)

Bipin Preet Singh

Upasana Rupkrishan Taku

Koshur Family Trust

Narinder Singh Family Trust

Pre Issue Share Holding : 32.96%

Post Issue Share Holding : 25.18%

One Mobikwik Systems IPO - Issue Objectives
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

One Mobikwik Systems IPO - Anchor Investors

Mobikwik mobilises over Rs 257 crore via anchor book.

Leading institutional investors like Morgan Stanley, Eastspring Investments, and Government Pension Fund Global invested in the anchor book of the company IPO.

SBI Mutual Fund, Quant Mutual Fund, HDFC Mutual Fund, Whiteoak Capital, Ashoka India, Axis Mutual Fund, 360 ONE Equity Opportunity Fund, Bandhan MF, and SBI General Insurance Company among others have also been allocated shares in the anchor list.

One Mobikwik Systems IPO - Peers Comparison
Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
One Mobikwik Systems Limited2.462.3828.43N/A8.669.96Consolidated
One 97 Communications Limited-22.33-22.33209.29N/A-10.74.32Consolidated
Affirm Holdings Inc-133.6133.6702.64N/A-18.958.06Consolidated
PayPal Holdings, Inc308307.21570.9722.1720.174.34Consolidated

Notes:

  1. The P/E Ratio has been computed based on the closing market price of equity shares as of December 3, 2024, on the NSE for domestic peers (and the closing market price of equity shares as of December 3, 2024, on NASDAQ for global peers) divided by the Diluted EPS.
  2. Market Cap/Total Revenue ratio has been computed based on the market cap as of December 3, 2024, on NSE for domestic peers (and closing market cap as of December 3, 2024, on NASDAQ for global peers) divided by the Total Income for fiscal 2024.
  3. Return on Net Worth (RoNW) (%) is calculated as Net Profit / (Loss) after tax for the year divided by the Net Worth (Total Equity) at the end of the respective year.
  4. Net asset value per share (in INR) represents net asset value per equity share. It is calculated as net worth as of the end of the relevant year divided by the number of equity shares outstanding at the end of the respective year.
Contact Details

One Mobikwik Systems

Unit 102, 1st Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, 122 003

+91 1244903344

ipo@mobikwik.com

https://www.mobikwik.com/ir

Registrar Contact Details