Tuesday, July 13, 2021

MobiKwik IPO Date, Review, Price, Form & Market Lot Details

MobiKwik IPO to hit the market soon. The company to raise ₹1900 crores via initial public offer with a face value of ₹2 per equity share. A peer group PayTM already filed DRHP earlier and now MobiKwik is coming up with an IPO.
MobiKwik IPO filed DRHP with SEBI on 12 July 2021. The company plans to raise ₹1900 crore through the initial public offerings. The offer comprises fresh issue of 1500 crores and offer for sale up-to 400 crores. They are one of the leading mobile wallets and one of the largest Buy Now Pay Later (BNPL) player in India. The company was founded by Bipin Preet Singh and Upasana Taku  in 2009. The investors in the company are Sequoia Capital India, Bajaj Finance NSE 0.08 %, American Express, Cisco and Abu Dhabi Investment Authority among its investors. The founders owns 34.5% stake in the company while Sequoia Capital India and Bajaj Finance are looking to sell shares worth around Rs 95 crore and Rs 69 crore, respectively. Check out MobiKwik IPO details.


    MobiKwik IPO Review

    • Adding Soon

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    • Motilal Oswal: Adding Soon
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    MobiKwik IPO Date & Price Band

     IPO Open:  To be updated soon
     IPO Close:  To be updated soon
     IPO Size:  Approx ₹1900 Crores
     Fresh Issue:  Approx ₹1500 Crores
     Offer for Sale:  Approx ₹400 Crores
     Face Value:  ₹2 Per Equity Share
     Price Band:  ₹ to ₹ Per Share
     Listing on:  BSE & NSE
     Retail Portion:  35%
     Equity:  _ Shares

    MobiKwik IPO Market Lot

    The MobiKwik IPO minimum market lot is - shares with ₹- application amount. The retail investors can apply up-to - lots with - shares or ₹- amount.
     Minimum Lot Size:  Minimum - Shares
     Minimum Amount:  ₹-
     Maximum Lot Size:  Maximum - Shares
     Maximum Amount:  ₹-

    MobiKwik IPO Allotment & Listing

    The MobiKwik IPO date is To be updated soon and the close date is To be updated soon. The allotment date is To be updated soon and the IPO to list on To be updated soon.
     Basis of Allotment:  To be updated soon
     Refunds:  To be updated soon
     Credit to Demat Account:  To be updated soon
     Listing Date:  To be updated soon

    MobiKwik IPO Form

    How to apply the MobiKwik IPO? You can apply MobiKwik IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the MobiKwik IPO in the Invest section. The other option you can apply MobiKwik IPO via IPO forms download via NSE and BSE. Check out the MobiKwik forms - click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

    MobiKwik Company Financial Report

      ₹ in Crores

    Revenue Expenses PAT
    2018 ₹- ₹- ₹-
    2019 ₹- ₹- ₹-
    2020 ₹- ₹- ₹-
    ₹- ₹- ₹-

    Company Promoters

    • Bipin Preet Singh
    • Upasana Rupkrishan Taku
    • Koshur Family Trust
    • Narinder Singh Family Trust

    About MobiKwik

    We are a fintech company - one of the largest mobile wallets and one of the largest Buy Now Pay Later (BNPL) players in India. Digitally paying users have been rapidly growing in India in the last decade, but the credit card penetration in the country is still only 3.5%. We are focused on addressing the unmet credit needs of the fast growing digitally paying users by combining the convenience of everyday mobile payments with the benefits of BNPL.

    Founded in 2009 by Bipin Preet Singh and Upasana Taku, we commenced operations as a mobile wallet to make digital payments convenient for our users. Our use cases have since expanded to include bill payments, ecommerce shopping, food delivery, petrol pumps, large retail chains, pharmacies, kirana stores, etc. Our platform also enables peer-to-peer payments via unified payment interface (“UPI”), MobiKwik Wallet as well as MobiKwik Wallet to bank payments. Over the years we have amassed over 101 million Registered Users and more than 3 million ecommerce, physical retail and biller partners.

    In order to further enhance our value proposition to our online merchants, we introduced our payment gateway subsidiary Zaakpay in 2012. Zaakpay enables online websites and mobile apps to collect payments from their users using multiple payment options, including debit cards, credit cards, mobile wallets, UPI and net banking.

    In May 2019, we launched MobiKwik Zip, our flagship BNPL product, with a focus on the Indian middle-class population to enable them to make payments for daily life use cases. MobiKwik Zip is focused on providing this unserved Indian population their first experience of credit.

    We are a technology-first company leveraging big data analytics and deep data science (including machine learning) to continuously delight users and merchants on our platform. Our mission is to build a world class payments and credit product for Bharat!

    Quick Links

    DRHP Draft Prospectus
    RHP Draft Prospectus

    MobiKwik IPO Registrar

    Link Intime India Private Limited
    C 101, 247 Park, L.B.S. Marg,
    Vikhroli (West), Mumbai 400 083
    Maharashtra, India
    Tel: +91 22 4918 6200
    E-mail: mobikwik.ipo@linkintime.co.in
    Investor grievance e-mail: mobikwik.ipo@linkintime.co.in
    Contact person: Shanti Gopal Krishnan
    Website: www.linkintime.co.in
    SEBI Registration:INR000004058
    Note: Check MobiKwik IPO allotment status on Linkintime website allotment URL. Click Here

    MobiKwik IPO Lead Managers

    • ICICI Securities Limited 
    • BNP Paribas
    • Credit Suisse Securities (India)Private Limited
    • IIFL Securities Limited
    • Jefferies India Private Limited

    Company Address

    5th Floor, HUDA City Centre,
    Metro Station, Sector 29, Gurugram,
    Gurgaon, Haryana, 122 001
    Contact Person: Rahul Luthra
    Company Secretary and Compliance Officer
    Tel.: +91 (124) 640 9190
    E-mail: cs@mobikwik.com
    Website: www.mobikwik.com
    Corporate Identity Number: U64201HR2008PLC053766

    MobiKwik IPO FAQs

    What is MobiKwik IPO?

    MobiKwik IPO is a main-board IPO. They are going to raise ₹1900 Crores via IPO. The issue is priced at ₹ to ₹ per equity share. The IPO to be listed on BSE & NSE.

    When MobiKwik IPO will open?

    The IPO is to open on To be updated soon for QIB, NII, and Retail Investors.

    What is MobiKwik IPO Investors Portion?

    The investors' portion for QIB 50%, NII 15%, and Retail 35%.

    How to Apply the MobiKwik IPO?

    You can apply MobiKwik IPO via ASBA online via your bank account. You can also apply ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.

    How to Apply the India Pesticides IPO through Zerodha?

    Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name "MobiKwik". Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

    How to Apply the India Pesticides IPO through Upstox?

    Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name "MobiKwik". Click on Bid Button. Confirm your application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

    What is MobiKwik IPO Size?

    MobiKwik IPO size is ₹1900 crores.

    What is MobiKwik IPO Price Band?

    MobiKwik IPO Price Band is ₹- to ₹-.

    What is MobiKwik IPO Minimum and Maximum Lot Size?

    The minimum bid is - Shares with ₹- amount while maximum bid is - shares with ₹-.

    What is MobiKwik IPO Allotment Date?

    MobiKwik IPO allotment date is To be updated soon.

    What is MobiKwik IPO Listing Date?

    MobiKwik IPO listing date is To be updated soon. The IPO to list on BSE and NSE.

    Note: The MobiKwik IPO details will be added as it officially announced. The IPO grey market premium (MobiKwik IPO Premium) will be added soon. You can check our IPO grey market page for daily updates.)