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
Last updated on 13-Dec-2024 19:09:11
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIBs | 6150537 | 773842188 | 125.82 |
| HNIs | 3075269 | 352750351 | 114.71 |
| HNIs 10+ | 2050179 | 224912973 | 109.7 |
| HNIs 2+ | 1025090 | 127837378 | 124.71 |
| Retail | 2050179 | 290694453 | 141.79 |
| Total | 11275985 | 1417286992 | 125.69 |
Application-Wise Breakup (Approx. no. of Apps) | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 2763 | 59419 | 21.51 |
| HNIs (2-10L) | 1382 | 161361 | 116.76 |
| Retail | 38683 | 4470200 | 115.56 |
| Total Applications: 4690980 | |||
| © IPO Premium | |||
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIBs | 171.6 | 21590.2 | 125.82 |
| FIIs | - | 5837.05 | - |
| DIIs | - | 9583.78 | - |
| Mutual funds | - | 775.69 | - |
| Others | - | 5393.68 | - |
| HNIs | 85.8 | 9841.73 | 114.71 |
| HNIs 10+ | 57.2 | 6275.07 | 109.7 |
| HNIs 2+ | 28.6 | 3566.66 | 124.71 |
| Retail | 57.2 | 8110.38 | 141.79 |
| Total | 314.6 | 39542.31 | 125.69 |
| QIB Interest Cost per share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹47.1 | @8% ₹53.9 | @9% ₹60.6 | @10% ₹67.3 | @11% ₹74.1 | @12% ₹80.8 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 53 | 14787 | 38683 |
| sHNI | 14 | 742 | 207018 | 1382 |
| bHNI | 68 | 3604 | 1005516 | 2763 |
IPO Details
| Issue Size | 20,501,792 shares (aggregating up to 572 Cr) |
| Fresh Issue | 20,501,792 shares (aggregating up to 572 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE,BSE |
| Share holding pre issue | 5,71,84,521 |
| Share holding post issue | 7,76,86,313 |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 75% of the Net Issue |
| Retail Shares Offered | Not less than 10% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Key Performance Indicators
| KPI | Jun-24 | Mar-24 | Mar-23 |
|---|---|---|---|
| RONW | -4.17% | 8.66% | -58.74% |
| EPS (basic) | -1.16 | 2.38 | -14.66 |
| P/E Pre IPO | 113.32 | ||
| P/E Post IPO | -86.75 |
Financial Statement (Restated) In Crores.
| Period Ended | Jun-24 | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|---|
| Assets | 908 | 855 | 714 | 836 |
| Revenue | 346 | 890 | 561 | 543 |
| Profit After Tax | -7 | 14 | -84 | -128 |
| Net Worth | 217 | 143 | 163 | 159 |
| Reserves and Surplus | 147 | 151 | 131 | 205 |
| Total Borrowing | 206 | 212 | 192 | 151 |
About Company
Incorporated in 2009, MobiKwik is a leading fintech company offering prepaid digital wallets and online payment services. It enables 161.03 million users and 4.26 million merchants (as of June 30, 2024) to perform a variety of transactions, including utility bill payments, merchant purchases, money transfers, and QR-based payments via UPI and RuPay credit cards. MobiKwik's innovative products include MobiKwik ZIP (buy now, pay later), ZIP EMI for consumers, and Merchant Cash Advance for businesses, leveraging digital public infrastructure like Aadhaar and Digi-Locker. Its solutions, such as online checkout, Kwik QR payments, soundbox-enabled payment confirmations, EDC machines, and flexible credit products, enhance digital payment experiences. Supported by 226 tech employees and a robust IP portfolio of 19 trademarks (with 11 pending), MobiKwik is a pioneer in seamless, tech-driven payment solutions.
Strength
Legacy of Consumer Empowerment: A strong commitment to delivering positive and sustainable consumer experiences.
Efficient Operations: Expertise in managing and distributing loan products effectively.
Weakness
Regulatory Risks: Operations are subject to RBI oversight, and adverse observations or notices could impact business continuity.
Uncertainty in Fund Utilization: Deployment of proceeds is based on management estimates, with potential deviations affecting expected revenues or profits.
Security Threats: Cyberattacks or breaches of sensitive data could harm reputation and adversely impact financial performance.