ONE MOBIKWIK SYSTEMS LTD (MAINBOARD)

Dec 11, 2024 - Dec 13, 2024

Premium	₹160
Price	₹265 - ₹279
Lot size	53
Allotment	Dec 16, 2024
Listing	Dec 18, 2024

Category	Lot(s)	Qty	Amount	Reserved
Retail	1	53	14787	38683
sHNI	14	742	207018	1382
bHNI	68	3604	1005516	2763

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

About

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.

Lead Manager(s)

SBI Capital Markets Limited
Dam Capital Advisors Ltd

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.

Trusted Brand: Established reputation and consumer trust in its offerings and services.

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.

Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: mobikwik.ipo@linkintime.co.in
Website: linkintime.co.in/initial_offer/public-issues.html