MobiKwik is one of the leading Buy Now Pay Later (BNPL) and mobile wallet providers. It has earned its popularity among the masses by easing regular mobile payments and extending the benefits of BNPL. In addition, the digital payment company aims to address the credit requirements of the rapidly increasing online consumers.
Services like peer-to-peer payments through UPI, MobiKwik Wallet and MobiKwik Wallet to bank payments are available on this platform. In addition, MobiKwik has launched Zaakpay, its subsidiary payment gateway and MobiKwik Zip, a flagship BNPL solution to ease the process of accepting and paying money digitally.
Listing at NSE, BSE
|IPO Open Date||To be announced|
|IPO Close Date||To be announced|
|Allotment Date||To be announced|
|Initiation Of Refunds||To be announced|
|Credit Of Shares To
|To be announced|
|IPO Listing Date||To be announced|
|UPI Mandate Expiry Date||To be announced|
|Financial year||Total Revenue||Total Revenue||Profit after tax|
|2018-19||160.23 Cr.||335.08 Cr.||147.97 Cr.|
|2019-20||3,69.85 Cr.||337.94 Cr.||99.92 Cr.|
|2020-21||302.26 Cr.||423.14 Cr.||111.30 Cr.|
A simple and smartest way to apply in IPO online via Religare Dynami Mobile App
Below are your top reasons:
MobiKwik extends innovative products to its customer base. For example, MobiKwik offers instant small-ticket loans, EMI payment options, and insurance policy covers besides regular online bill payment and recharge.
Increase in inflationary levels, and a slow down in economic growth can increase volatility in the financial market. In turn, it could stagnate the company’s growth.
Intense competition in fintech space exposes MobiKwik to the constant fear of losing market shares to its peers. With newer offerings and better customer experience, MobiKwik’s competitors could eat into the company’s existing customer base.
Change in domestic laws regarding taxation or legal compliance could impact MobiKwik’s plans negatively.
Lack of regulations against online fraud increases the threats of security breaches and cyberattacks. This poses a potential threat to the company's reputation.
Irregularities in compliance with RBI, system failure and inability to cross-sell insurtech could emerge as big challenges.
This could hamper its ability to access growth capital and keep its cash flow stream continuous.
Retail investors need to apply for the IPO using UPI
Fill up your personal details in the form above
Fill up your DOB, PAN, email & bank account details
Upload your photo and e-sign your application via Aadhaar OTP
MobiKwik has filed a DRHP with SEBI, which suggests that the company will raise Rs. 1900 crore via IPO. Primary share sales would be approximately Rs. 1500 crore. Also, there will be an offer for sale encompassing Rs. 400 crore.
There is no announcement regarding the date of allotment.
Details regarding the lot size of the IPO aren’t announced.
Listing gain is the difference between the IPO's opening and offer prices.
The listing gain results from changing investors' interests, global parameters, and short vs long-term outlooks.
The bank initially blocks the amount you bid for an IPO. It will debit the amount when the shares get allotted or unblock it after the UPI mandate expiry date.
You can submit only one application using one PAN card.
Login to your UPI handle and approve the payment mandate to complete the IPO application process.
Details are not available.
Details are not available.
The minimum investment size is one lot for retail investors.
It usually takes ten working days from the last day of subscription to list the IPO on the bourses.
Dynami customers can log in to their accounts to check Uma Converter Limited IPO. IPO allotment status.
When checking the allotment status, keep your application, DP ID, and PAN number ready.
The minimum size of the application will be one lot.