One Mobikwik Systems Limited
Dec 11, 2024 - Dec 13, 2024
One Mobikwik Systems Limited IPO Details
Status
listed
Issue Price
₹265.00 - ₹279.00
Lot Size
53 Shares
Subscription
125.69 times
Listing Price
₹440.00 (57.71%)
Face Value
₹2 Per share
Issue Size
Approx ₹572 Cr
Fresh Issue
Approx ₹572 Cr
Total Shares Offered
-
Retail Quota
10%
QIB Quota
75%
HNI Quota
15%
Retail Approx
-
S-HNI Approx
-
B-HNI Approx
-
Issue Type
Book Built Issue IPO
Listing On
BSE, NSE
Registrar
Link Intime India Private Ltd
NSE Code
MOBIKWIK
BSE Code
544305
IPO Tentative Timetable
Valuation
Earning Per Share (EPS)
–₹14.66
Price/Earning P/E Ratio
N/A
Return on Net Worth (RoNW)
-59.09%
Net Asset Value (NAV)
₹24.80
Promoters
Pre issue Share Holding
32.96%
Post issue Share Holding
-
Company Promoters
- Bipin Preet Singh
- Upasana Rupkrishan Taku
- Koshur Family Trust
- Narinder Singh Family Trust
Lead Managers
SBI Capital Markets Limited
Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
Live Subscription
| Date | QIB | NII | NII (> ₹10L) | NII (< ₹10L) | Retail | Total |
|---|---|---|---|---|---|---|
| Dec 11, 2024 | 0.02 | 9.48 | 7.04 | 14.37 | 28.59 | 7.8 |
| Dec 12, 2024 | 0.89 | 31.75 | 25.9 | 43.45 | 68.88 | 21.67 |
| Dec 13, 2024 | 125.82 | 114.7 | 109.7 | 124.71 | 141.78 | 125.69 |
Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 53 | ₹14,787 |
| Retail (Max) | 13 | 689 | ₹192,231 |
| S-HNI (Min) | 14 | 742 | ₹207,018 |
| S-HNI (Max) | 67 | 3,551 | ₹990,729 |
| B-HNI (Min) | 68 | 3,604 | ₹1,005,516 |
Key Performance Indicator
| KPI | Values |
|---|---|
| Debt/Equity | 0.73 |
| RoNW | 8.66% |
| P/BV | 9.81 |
IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 92,25,807 (45%) | NA |
| QIB Shares Offered | 61,50,538 (30%) | NA |
| NII (HNI) Shares Offered | 30,75,269 (15%) | - |
| bNII > ₹10L | 20,50,179 (10%) | 2,763 |
| sNII < ₹10L | 10,25,089 (5%) | 1,381 |
| Retail Shares Offered | 20,50,179 (10%) | 38,682 |
| Total Shares Offered | 2,05,01,793 (100%) | - |
Company Financial
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 908.1 | 854.65 | 714.33 | 836.13 |
| Revenue | 345.83 | 890.32 | 561.12 | 543.22 |
| Profit After Tax | -6.62 | 14.08 | -83.81 | -128.16 |
| Net Worth | 216.54 | 142.69 | 162.59 | 158.65 |
| Reserves and Surplus | 147.21 | 151.15 | 131.26 | 205.1 |
| Total Borrowing | 206.34 | 211.7 | 192.27 | 150.91 |
About Company
- Pay bills for mobile recharges, electricity, and credit cards.
- Shop online and offline at stores and fuel stations.
- Transfer money to phone numbers, UPI IDs, or bank accounts.
- Check bank balances.
- Make payments by scanning QR codes or using UPI and Rupay credit cards.
The company has developed products like MobiKwik ZIP, ZIP EMI for customers, and Merchant Cash Advance for businesses. These services use digital tools like Aadhaar, E-Nach, Digi-Locker, and NSDL to offer a smooth and fully digital experience.
By June 30, 2024, Mobikwik had 161.03 million registered users and supported 4.26 million merchants in accepting online and offline payments.
Their key products include:
- Online Checkout for E-commerce Merchants: Lets businesses accept payments through UPI, wallets, cards, and pay-later services.
- Kwik QRs: QR codes that help retail stores accept payments via UPI, wallets, cards, and pay-later services.
- MobiKwik Vibe: A soundbox that announces payment confirmations to merchants.
- MobiKwik EDC Machine: A payment terminal for credit cards, debit cards, and UPI transactions.
- Merchant Cash Advance: A loan product offering merchants quick and easy credit for business needs.
MobiKwik ZIP is a "buy now, pay later" service, allowing users to pay within 30 days with flexible repayment options.
As of June 30, 2024, the company had 226 employees in its technology team. By December 2024, Mobikwik held 19 registered trademarks and had applied for 11 more.
Their competitive strengths include:
- A long-standing reputation for positive and reliable customer experiences.
- Effective management of loan products.
- A strong and trusted brand.
- A focus on technology and innovative products.
Company Contact
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/ir
Registrar Contact
link intime india private ltd
Phone: +91-22-4918 6270
Email: mobikwik.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html