{"id":5337,"date":"2024-12-07T11:47:45","date_gmt":"2024-12-07T06:17:45","guid":{"rendered":"https:\/\/lakshmishree.com\/news\/?p=5337"},"modified":"2024-12-09T09:32:19","modified_gmt":"2024-12-09T04:02:19","slug":"review-of-mobikwik-ipo","status":"publish","type":"post","link":"https:\/\/lakshmishree.com\/news\/review-of-mobikwik-ipo\/","title":{"rendered":"Review of One Mobikwik Systems Limited IPO (Mobikwik IPO): Lot Size, Check Issue Date, Price"},"content":{"rendered":"\n<p><strong>Mobikwik IPO Price: <\/strong>\u20b9265 to \u20b9279 per share<strong><br>IPO Dates:<\/strong> 11 December 2024 &#8211; 13 December 2024<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:35%\">\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-vertically-aligned-center is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-image aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1000\" height=\"246\" src=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/12\/Mobikwik-Logo.png\" alt=\"Mobikwik IPO\" class=\"wp-image-5347\" style=\"width:451px;height:auto\" srcset=\"https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/12\/Mobikwik-Logo.png 1000w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/12\/Mobikwik-Logo-300x74.png 300w, https:\/\/lakshmishree.com\/news\/wp-content\/uploads\/2024\/12\/Mobikwik-Logo-768x189.png 768w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:65%\">\n<h2 class=\"wp-block-heading\"><strong>Company Overview<\/strong><\/h2>\n\n\n\n<p>Incorporated in March 2008, MobiKwik is a leading fintech company offering prepaid digital wallets and online payment services. It enables users to make seamless financial transactions, including paying utility bills, transferring money, checking bank balances, and making online and offline purchases. The company&#8217;s platform integrates advanced digital public infrastructure, such as Aadhaar, E-NACH, DigiLocker, and NSDL, to deliver a digital-first experience.<\/p>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Founders and Vision<\/h2>\n\n\n\n<p>Founded by Bipin Preet Singh and Upasana Taku, MobiKwik aims to leverage technology to promote financial inclusion in underserved communities in India. The platform\u2019s diverse offerings in payments, credit, investments, and insurance underscore its commitment to becoming a comprehensive financial services provider.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Key Services for Consumers<\/strong><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Payment Solutions<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>Utility Payments<\/strong>: Pay bills for mobile recharges, electricity, credit cards, and FASTags.<\/li>\n\n\n\n<li><strong>Shopping<\/strong>: Make payments at online e-commerce stores and offline merchants, including retail stores and fuel stations.<\/li>\n\n\n\n<li><strong>Money Transfers<\/strong>: Send money to phone numbers, UPI IDs, or bank accounts.<\/li>\n\n\n\n<li><strong>QR Payments<\/strong>: Scan QR codes to make payments using UPI or RuPay credit cards.<\/li>\n\n\n\n<li><strong>Pocket UPI<\/strong>: Make UPI payments through the MobiKwik wallet without linking a bank account.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Digital Credit Products<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>MobiKwik ZIP<\/strong>: A flagship \u201cbuy now, pay later\u201d product with a 30-day interest-free credit line.<\/li>\n\n\n\n<li><strong>ZIP EMI<\/strong>: Offers personal loans repayable in instalments.<\/li>\n\n\n\n<li><strong>Credit Cards<\/strong>: Co-branded credit cards backed by fixed deposits.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Investment Products<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>Lens<\/strong>: A personal financial management tool providing insights on bank accounts and other financial data using AI-powered chatbots.<\/li>\n\n\n\n<li><strong>Xtra<\/strong>: A peer-to-peer lending product offered in collaboration with NBFC partners.<\/li>\n\n\n\n<li><strong>Fixed Deposits<\/strong>: Available through RBI-registered NBFCs and banks.<\/li>\n\n\n\n<li><strong>Mutual Funds and Digital Gold<\/strong>: Distribution of these investment options for consumers.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Merchant-Focused Offerings<\/strong><\/h2>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Payment Solutions<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>Online Checkout<\/strong>: Supports payments via UPI, wallets, cards, and pay-later options for e-commerce merchants.<\/li>\n\n\n\n<li><strong>Kwik QR Codes<\/strong>: Retail merchant partners can accept payments across multiple modes, including UPI and wallets.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Devices and Terminals<\/strong>:\n<ul class=\"wp-block-list\">\n<li><strong>MobiKwik Vibe (Soundbox)<\/strong>: A QR-enabled device that announces payment confirmations for enhanced merchant experiences.<\/li>\n\n\n\n<li><strong>MobiKwik EDC Machine<\/strong>: A point-of-sale terminal for in-person payments via credit cards, debit cards, UPI, and more.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Merchant Cash Advance<\/strong>: A credit solution providing accessible and affordable financing options to merchants for business needs.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Growth and Achievements<\/strong><\/h2>\n\n\n\n<p>As of June 30, 2024, MobiKwik boasts 161.03 million registered users and 4.26 million enabled merchants. The company reported a profit of \u20b9140.79 million for the fiscal year ending March 2024, highlighting its success in delivering innovative, scalable solutions with low employee cost-to-revenue ratios.<\/p>\n\n\n\n<p>From Fiscal 2022 to Fiscal 2024, MobiKwik achieved an annual growth rate of 45.88% in payment GMV and 112.16% in MobiKwik ZIP GMV. The company has earned several accolades, such as the <em>Economic Times Most Promising Brands Award<\/em> and the <em>Innovative DevOps Excellence Award<\/em>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Competitive Strengths<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Sustainable Consumer Experience<\/strong>: Focused on positive, scalable, and sustainable user engagement.<\/li>\n\n\n\n<li><strong>Efficient Operations<\/strong>: Streamlined loan distribution processes and cost-effective management.<\/li>\n\n\n\n<li><strong>Strong Brand Trust<\/strong>: A recognized and trusted name in the digital payments space.<\/li>\n\n\n\n<li><strong>Tech-Driven Approach<\/strong>: Innovations to enhance user and merchant experiences.<\/li>\n<\/ul>\n\n\n\n<p>MobiKwik continues to build its platform with a commitment to frugality, scalability, and innovation, solidifying its position in India&#8217;s digital financial ecosystem.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Intellectual Property<\/strong><\/h2>\n\n\n\n<p>As of December 2024, the company holds 19 registered trademarks and has filed 11 additional trademark applications under the Trade Mark Act of 1999.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-background has-medium-font-size\" style=\"background:linear-gradient(115deg,rgb(254,205,165) 0%,rgb(254,45,45) 50%,rgb(107,0,62) 100%);font-style:normal;font-weight:700\">Bidding Starts In<\/h2>\n\n\n<div\n\t\tclass=\"free align wp-block-ctb-countdown-time\"\tid='ctbCountdownTime-1'\n\tdata-nonce='&quot;1f40332ce4&quot;'\n\tdata-attributes='{&quot;destDate&quot;:&quot;2024-12-11T10:00:00&quot;,&quot;padding&quot;:{&quot;vertical&quot;:&quot;10px&quot;,&quot;horizontal&quot;:&quot;15px&quot;,&quot;side&quot;:4,&quot;top&quot;:&quot;10px&quot;,&quot;right&quot;:&quot;15px&quot;,&quot;bottom&quot;:&quot;10px&quot;,&quot;left&quot;:&quot;15px&quot;},&quot;shadow&quot;:{&quot;hOffset&quot;:&quot;1px&quot;,&quot;color&quot;:&quot;rgba(204, 31, 31, 1)&quot;},&quot;boxBG&quot;:{&quot;type&quot;:&quot;solid&quot;,&quot;color&quot;:&quot;var(--ast-global-color-5)&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg,rgb(254,209,199) 45%,rgb(254,141,198) 100%)&quot;},&quot;boxBorder&quot;:{&quot;radius&quot;:&quot;5%&quot;,&quot;color&quot;:&quot;var(--ast-global-color-3)&quot;,&quot;width&quot;:&quot;3px&quot;},&quot;boxShadow&quot;:{&quot;color&quot;:&quot;rgba(57, 64, 67, 1)&quot;,&quot;hOffset&quot;:&quot;2px&quot;,&quot;vOffset&quot;:&quot;2px&quot;,&quot;blur&quot;:&quot;10px&quot;,&quot;spreed&quot;:&quot;2px&quot;},&quot;digitColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;labelColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;isSep&quot;:true,&quot;sepSize&quot;:68,&quot;sepColor&quot;:&quot;var(--ast-global-color-1)&quot;,&quot;align&quot;:&quot;&quot;,&quot;layout&quot;:&quot;default&quot;,&quot;isResponsive&quot;:true,&quot;boxIsInline&quot;:false,&quot;boxPosition&quot;:&quot;center&quot;,&quot;isLabels&quot;:true,&quot;isDays&quot;:true,&quot;daysLabel&quot;:&quot;Days&quot;,&quot;isHours&quot;:true,&quot;hoursLabel&quot;:&quot;Hours&quot;,&quot;isMinutes&quot;:true,&quot;minutesLabel&quot;:&quot;Minutes&quot;,&quot;isSeconds&quot;:true,&quot;secondsLabel&quot;:&quot;Seconds&quot;,&quot;isExpired&quot;:false,&quot;hideOn0&quot;:false,&quot;hideOnMobile&quot;:false,&quot;hideOnTablet&quot;:false,&quot;prefixSuffixDirection&quot;:&quot;row&quot;,&quot;prefixText&quot;:&quot;&quot;,&quot;suffixButtonText&quot;:&quot;&quot;,&quot;suffixButtonUrl&quot;:&quot;#&quot;,&quot;addID&quot;:&quot;&quot;,&quot;addClass&quot;:&quot;&quot;,&quot;addCSS&quot;:&quot;&quot;,&quot;width&quot;:&quot;0px&quot;,&quot;background&quot;:{&quot;color&quot;:&quot;#0000&quot;},&quot;alignment&quot;:&quot;center&quot;,&quot;boxWidth&quot;:&quot;170px&quot;,&quot;boxHeight&quot;:&quot;120px&quot;,&quot;boxSpace&quot;:&quot;30px&quot;,&quot;digitTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;48px&quot;,&quot;tablet&quot;:&quot;40px&quot;,&quot;mobile&quot;:&quot;32px&quot;}},&quot;labelTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;18px&quot;,&quot;tablet&quot;:&quot;17px&quot;,&quot;mobile&quot;:&quot;16px&quot;}},&quot;isDaysSingleStyle&quot;:false,&quot;daysBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;daysDigitColor&quot;:&quot;#fff&quot;,&quot;daysLabelColor&quot;:&quot;#fff&quot;,&quot;isHoursSingleStyle&quot;:false,&quot;hoursBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;hoursDigitColor&quot;:&quot;#fff&quot;,&quot;hoursLabelColor&quot;:&quot;#fff&quot;,&quot;isMinutesSingleStyle&quot;:false,&quot;minutesBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;minutesDigitColor&quot;:&quot;#fff&quot;,&quot;minutesLabelColor&quot;:&quot;#fff&quot;,&quot;isSecondsSingleStyle&quot;:false,&quot;secondsBG&quot;:{&quot;type&quot;:&quot;gradient&quot;,&quot;color&quot;:&quot;#146EF5&quot;,&quot;gradient&quot;:&quot;linear-gradient(135deg, #0040E3, #18D4FD)&quot;},&quot;secondsDigitColor&quot;:&quot;#fff&quot;,&quot;secondsLabelColor&quot;:&quot;#fff&quot;,&quot;sepType&quot;:&quot;:&quot;,&quot;prefixTextTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;15px&quot;}},&quot;prefixTextColor&quot;:&quot;#222&quot;,&quot;suffixButtonTypo&quot;:{&quot;fontSize&quot;:{&quot;desktop&quot;:&quot;16px&quot;}},&quot;suffixButtonColors&quot;:{&quot;color&quot;:&quot;#fff&quot;,&quot;bg&quot;:&quot;#222&quot;},&quot;suffixButtonPadding&quot;:{&quot;vertical&quot;:&quot;14px&quot;,&quot;horizontal&quot;:&quot;28px&quot;},&quot;isDismiss&quot;:false,&quot;dismissColor&quot;:&quot;#333&quot;}'\n\tdata-content='&quot;&quot;'\n><\/div>\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<div class=\"wp-block-buttons alignfull is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-03627597 wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-100 has-custom-font-size is-style-fill has-medium-font-size\"><a class=\"wp-block-button__link has-ast-global-color-5-color has-text-color has-link-color wp-element-button\" href=\"https:\/\/lakshmishree.com\/ipo\/\" style=\"border-width:18px;border-radius:32px;padding-top:var(--wp--preset--spacing--20);padding-right:var(--wp--preset--spacing--50);padding-bottom:var(--wp--preset--spacing--20);padding-left:var(--wp--preset--spacing--50)\" target=\"_blank\" rel=\"https:\/\/lakshmishree.com\/ipo\/ noreferrer noopener\">APPLY NOW<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Mobikwik IPO<\/strong> Specifics:<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Date<\/td><td>December 11, 2024 to December 13, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Wednesday, December 18, 2024<\/td><\/tr><tr><td>Face Value<\/td><td>\u20b92 per share<\/td><\/tr><tr><td>Price Band<\/td><td>\u20b9265 to \u20b9279 per share<\/td><\/tr><tr><td>Lot Size<\/td><td>53 Shares<\/td><\/tr><tr><td>Total Issue Size<\/td><td>20,501,792 shares<br>(aggregating up to \u20b9572.00 Cr)<\/td><\/tr><tr><td>Fresh Issue<\/td><td>20,501,792 shares<br>(aggregating up to \u20b9572.00 Cr)<\/td><\/tr><tr><td>Issue Type<\/td><td>Book Built Issue IPO<\/td><\/tr><tr><td>Listing At<\/td><td>BSE, NSE<\/td><\/tr><tr><td>Share holding pre issue<\/td><td>57,184,521<\/td><\/tr><tr><td>Share holding post issue<\/td><td>77,686,313<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Mobikwik IPO<\/strong> Timetable (Important Dates)<\/h2>\n\n\n\n<div class=\"wp-block-group is-layout-constrained wp-block-group-is-layout-constrained\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>IPO Open Date<\/td><td>Wednesday, December 11, 2024<\/td><\/tr><tr><td>IPO Close Date<\/td><td>Friday, December 13, 2024<\/td><\/tr><tr><td>Basis of Allotment<\/td><td>Monday, December 16, 2024<\/td><\/tr><tr><td>Initiation of Refunds<\/td><td>Tuesday, December 17, 2024<\/td><\/tr><tr><td>Credit of Shares to Demat<\/td><td>Tuesday, December 17, 2024<\/td><\/tr><tr><td>Listing Date<\/td><td>Wednesday, December 18, 2024<\/td><\/tr><tr><td>Cut-off time for UPI mandate confirmation<\/td><td>5 PM on December 13, 2024<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Mobikwik IPO<\/strong> Lot Size<\/h2>\n\n\n\n<p>Bidders have the opportunity to bid for a minimum of 53 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Application<\/th><th>Lots<\/th><th>Shares<\/th><th>Amount<\/th><\/tr><\/thead><tbody><tr><td>Retail (Min)<\/td><td>1<\/td><td>53<\/td><td>\u20b914,787<\/td><\/tr><tr><td>Retail (Max)<\/td><td>13<\/td><td>689<\/td><td>\u20b91,92,231<\/td><\/tr><tr><td>S-HNI (Min)<\/td><td>14<\/td><td>742<\/td><td>\u20b92,07,018<\/td><\/tr><tr><td>S-HNI (Max)<\/td><td>67<\/td><td>3,551<\/td><td>\u20b99,90,729<\/td><\/tr><tr><td>B-HNI (Min)<\/td><td>68<\/td><td>3,604<\/td><td>\u20b910,05,516<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Mobikwik IPO<\/strong> Reservation<\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td>QIB Shares Offered<\/td><td>Not more than 75% of the Net offer<\/td><\/tr><tr><td>Retail Shares Offered<\/td><td>Not less than 10% of the Offer<\/td><\/tr><tr><td>NII (HNI) Shares Offered<\/td><td>Not less than 15% of the Offer<\/td><\/tr><\/tbody><\/table><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>One Mobikwik Systems Limited IPO Financial Information<\/strong><\/h2>\n\n\n\n<p>One Mobikwik Systems Limited experienced a substantial surge in its revenue, witnessing a notable 59% increase, while the profit after tax (PAT) soared significantly by 117% during the period spanning from the financial year concluding on March 31, 2024, to March 31, 2023.<\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>Period Ended<\/th><th>31 Mar 2022<\/th><th>31 Mar 2023<\/th><th>31 Mar 2024<\/th><th>30 June 2024<\/th><\/tr><\/thead><tbody><tr><td>Assets<\/td><td>836.13<\/td><td>714.33<\/td><td>854.65<\/td><td>908.1<\/td><\/tr><tr><td>Revenue<\/td><td>543.22<\/td><td>561.12<\/td><td>890.32<\/td><td>345.83<\/td><\/tr><tr><td>Profit After Tax<\/td><td>-128.16<\/td><td>-83.81<\/td><td>14.08<\/td><td>-6.62<\/td><\/tr><tr><td>Net Worth<\/td><td>158.65<\/td><td>162.59<\/td><td>142.69<\/td><td>216.54<\/td><\/tr><tr><td>Reserves and Surplus<\/td><td>205.1<\/td><td>131.26<\/td><td>151.15<\/td><td>147.21<\/td><\/tr><tr><td>Total Borrowing<\/td><td>150.91<\/td><td>192.27<\/td><td>211.7<\/td><td>206.34<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><small>Amount in \u20b9 Crore<\/small><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Key Performance Indicator &#8211; <strong>Mobikwik IPO<\/strong><\/h2>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-stretch is-layout-flex wp-container-core-group-is-layout-353c4f5a wp-block-group-is-layout-flex\">\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><th>KPI<\/th><th>Values<\/th><\/tr><\/thead><tbody><tr><td>Market Cap.<\/td><td>\u20b9 2295.45 Cr<\/td><\/tr><tr><td>EPS<\/td><td>\u20b92.46<\/td><\/tr><tr><td>P\/E (x)<\/td><td>113.32<\/td><\/tr><tr><td>Debt \/ Equity<\/td><td>0.73<\/td><\/tr><tr><td>RoNW<\/td><td>8.66%<\/td><\/tr><tr><td>P\/BV<\/td><td>9.81<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\"><sub><sup>as of Mar 31, 2024<\/sup><\/sub><\/figcaption><\/figure>\n<\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Objects of the Issue:<\/strong><\/h2>\n\n\n\n<p>The company plans to allocate the Net Proceeds for the following purposes:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Supporting general corporate requirements<\/li>\n\n\n\n<li>Expanding its financial services operations<\/li>\n\n\n\n<li>Driving growth in its payment services segment<\/li>\n\n\n\n<li>Investing in data analytics, machine learning, artificial intelligence, product development, and technology advancements<\/li>\n\n\n\n<li>Funding capital expenditures for its payment devices segment<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Prospectus Links:<\/strong><\/h2>\n\n\n\n<p><strong>Prospectus:<\/strong> Official documents that provide detailed information about the IPO and the company. <\/p>\n\n\n\n<div class=\"wp-block-group is-vertical is-content-justification-left is-layout-flex wp-container-core-group-is-layout-7aba0d93 wp-block-group-is-layout-flex\" style=\"padding-top:0;padding-bottom:0\">\n<div class=\"wp-block-group is-vertical is-layout-flex wp-container-core-group-is-layout-fe9cc265 wp-block-group-is-layout-flex\">\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-15454c836944236184e9e5dd9ccd7526\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/jan-2024\/one-mobikwik-systems-limited_80450.html\" target=\"_blank\" rel=\"noreferrer noopener\">One Mobikwik Systems Limited IPO DRHP.<\/a><\/p>\n\n\n\n<p class=\"has-ast-global-color-0-color has-text-color has-link-color wp-elements-273c0684250099cfe5f304fe9952f5fb\"><a href=\"https:\/\/www.sebi.gov.in\/filings\/public-issues\/dec-2024\/one-mobikwik-systems-limited-rhp_89348.html\" target=\"_blank\" rel=\"noreferrer noopener\">One Mobikwik Systems Limited IPO RHP<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mobikwik IPO Price: \u20b9265 to \u20b9279 per shareIPO Dates: 11 December 2024 &#8211; 13 December 2024 Company Overview Incorporated in March 2008, MobiKwik is a leading fintech company offering prepaid digital wallets and online payment services. It enables users to make seamless financial transactions, including paying utility bills, transferring money, checking bank balances, and making [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[55],"tags":[161,771,162],"class_list":["post-5337","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ipo-news","tag-ipo","tag-mobikwik-ipo","tag-upcoming-ipo"],"_links":{"self":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5337","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/comments?post=5337"}],"version-history":[{"count":5,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5337\/revisions"}],"predecessor-version":[{"id":5373,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/posts\/5337\/revisions\/5373"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media\/5348"}],"wp:attachment":[{"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/media?parent=5337"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/categories?post=5337"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lakshmishree.com\/news\/wp-json\/wp\/v2\/tags?post=5337"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}