
Industrial & Financial Services · NSE / BSE
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.
Price Band
₹265 – ₹279
Issue Size
₹572 Cr
Lot Size
53 shares
GMP
+57.4%
Est. Listing
₹439
at current GMP
Subscribed
119.59x
overall
Open
11 Dec 2024
Close
13 Dec 2024
Allotment
16 Dec 2024
Refund
17 Dec 2024
Demat Credit
18 Dec 2024
Listing
18 Dec 2024
Overall Subscription
119.59x
Total Demand
QIB Multiplier
125.82x
Institutions & Funds
NII / HNI
114.71x
High Net-Worth
Retail (RII)
141.79x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 6,150,537 | 773,842,188 | 125.82x |
| NIB | 3,075,269 | 352,750,351 | 114.71x |
| HNIs(10L +) | 2,050,179 | 224,912,973 | 109.70x |
| HNIs (2-10L) | 1,025,090 | 127,837,378 | 124.71x |
| RETAIL | 2,050,179 | 290,694,453 | 141.79x |
| Total | 14,351,254 | 1,770,037,343 | 119.59x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 38,683 | 5,484,801 | 141.79x |
| HNIs(10L +) | 2,763 | 303,117 | 109.71x |
| HNIs (2-10L) | 1,382 | 172,288 | 124.67x |
| Total Applications | 42,828 | 5,960,206 | 139.17x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
One MobiKwik Systems Limited is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹572 Crores. The shares are offered at a price band of ₹265 to ₹279 per equity share on NSE and BSE. Currently, investors are tracking the grey market premium (GMP) and institutional subscription multiples closely across BSE and NSE portals.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2024-12-13, the basis of allotment is scheduled to be finalized on 2024-12-16. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Link Intime India Private Ltd) or the BSE allotment checking window.
The latest Grey Market Premium (GMP) for One MobiKwik Systems Limited IPO is ₹160 per equity share. Based on the upper price band of ₹265 to ₹279 per equity share, the estimated listing price is ₹439 (+57.4% expected listing gain).
With a lot size of 53 shares and current GMP of ₹160, the expected profit per application lot is approx ₹8,480 (+57.4% gain). Minimum application cost is approx ₹14,787.
The One MobiKwik Systems Limited IPO aggregate issue size is ₹572 Crores with an equity price band set at ₹265 to ₹279 per equity share. The retail lot size is 53 shares requiring a minimum capital outlay of approx. ₹14,787.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 119.59x (Retail: 141.79x, QIB: 125.82x, NII: 114.71x). You can track live multiples directly on our dedicated subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Ltd) and the BSE status verification website on or around 2024-12-16. Investors can verify status using PAN card or application number.
One MobiKwik Systems Limited shares are scheduled to list on NSE and BSE on 2024-12-18.