Issue Date | 11 Dec 2024 - 13 Dec 2024 |
Issue Size | ₹572 Cr |
Issue Price | ₹265-279 |
Market Lot | 53 Shares |
Shares on Offer | 20,501,792 |
Registrar | Link Intime |
GMP | ₹64-65 |
Kostak | N/A |
Subject to Sauda | N/A |
Listing Date | 18 Dec 2024 |
Listing Price | N/A |
Listing Gain% | N/A |
The upcoming Mobikwik IPO (Initial Public Offering), set to open on December 11, 2024, has garnered attention in the financial markets. Here's an in-depth analysis, including details on the Grey Market Premium (GMP) and what potential investors should consider.
As of now, the GMP for the Mobikwik IPO has not stabilized significantly. GMP typically reflects investor sentiment in the unregulated market and offers an early indication of potential listing gains. However, GMP can fluctuate and does not guarantee performance on the listing day.
Mobikwik operates a two-sided platform connecting consumers and merchants. The company boasts 146.94 million registered users and 3.81 million merchant partners as of September 30, 2023. It has diversified offerings, including payment services, digital credit products like MobiKwik ZIP, and financial management tools.
The company reported a profit of ₹9.48 crore in the six months ending September 2023, indicating a positive shift in profitability compared to previous losses. Revenues for FY23 stood at ₹561.12 crore, with growth driven by credit products and payment gateway services
Bipin Preet Singh, Upasana Rupkrishan Taku, Koshur Family Trust, and Narinder Singh Family Trust are the company's promoters.
In summary, the Mobikwik IPO presents an interesting opportunity in the fintech space, particularly for long-term investors. However, careful consideration of risks and valuation is crucial before making an investment decision. For detailed information, you can explore Mobikwik's official prospectus and additional resources
Particulars | 31-Mar-24 | 31-Mar-23 | 31-Mar-22 |
---|---|---|---|
Total Assets (In ₹ Millions) | 854.65 | 714.33 | 836.13 |
Total Revenue (In ₹ Millions) | 890.32 | 561.12 | 543.22 |
Profit After Tax (PAT) (In ₹ Millions) | 14.08 | -83.81 | -128.16 |
Date | GMP | Kostak | Subject to Sauda |
---|---|---|---|
07 Dec 2024 | ₹64-65 | N/A | N/A |
Strength |
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Weakness |
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Date & Time | QIB | NII | RII | Total |
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Day 1 - 11 Dec 2024 | ||||
Day 2 - 12 Dec 2024 | ||||
Day 3 - 13 Dec 2024 |
Please click the link below to check the IPO allotment status.
IPO Allotment StatusOne Mobikwik Systems Limited IPO will open on 11 Dec 2024 and close on 13 Dec 2024.
One Mobikwik Systems Limited IPO will list on 18 Dec 2024.
The offer price of One Mobikwik Systems Limited IPO is ₹265-279.
The lot size of One Mobikwik Systems Limited IPO is 53.
The Grey Market Premium (GMP) price of One Mobikwik Systems Limited IPO is ₹64-65.
The Kostak price of One Mobikwik Systems Limited IPO is Not Available at the moment.
The Subject to Sauda price for One Mobikwik Systems Limited IPO is Not Available at the moment.
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