When eyeing potential opportunities in the brimming fintech sector, the MobiKwik IPO emerges as a noteworthy contender. This comprehensive exploration of MobiKwik's impending IPO offers a foundational understanding for investors keen on fintech. Investors can better position themselves in this dynamic sector by weighing the company's enduring strengths against its acknowledged weaknesses and analyzing its financial health.
Opening Date
Closing Date
Price Band
Issue Size
Face Value
Market Lot
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 Demat Account |
To be announced |
| IPO Listing Date | To be announced |
| UPI Mandate Expiry Date | To be announced |
Checkout the List of Upcoming IPO
Founded in 2009 by Bipin Preet Singh and Upasana Taku, MobiKwik has positioned itself as a dynamic player in Indian digital banking. Offering a suite of financial services, from payments and digital credit to investments and wealth management, MobiKwik has carved a niche for itself.
The platform enables users to conduct various financial transactions, including shopping, bill payments, recharges, money transfers, and more, providing options for digital credit up to Rs. 60,000, investing in mutual funds, digital gold, and peer-to-peer lending.
MobiKwik's financials reveal a growth trajectory and resilience amidst the competitive fintech landscape. Here's a summarized table reflecting its financial performance:
| Financial Year | Total Revenue (Cr.) | Profit after Tax (Cr.) |
|---|---|---|
| 2018-19 | 160.23 | 147.97 |
| 2019-20 | 369.85 | 99.92 |
| 2020-21 | 302.26 | 111.3 |
These figures underscore the company's enduring profitability and adaptability in navigating a rapidly evolving market segment.
Analyzing MobiKwik's inherent strengths and potential risks is crucial for investors. Here, we encapsulate the findings in a tabulated format for a coherent overview:
| Strengths | Weaknesses | ||
|---|---|---|---|
| Robust brand image with significant recall among consumers | Recent security breaches casting shadows on the perceived trustworthiness | ||
| Innovation-driven, leveraging cutting-edge technology | Challenges in attracting and retaining new merchants and customers | ||
| Strong business network fostering cross-vertical growth | Intense competition in the fintech space necessitates vigilant monitoring and rapid adaptability | ||
The mixture of MobiKwik's solid technological backbone and widespread recognition of potential vulnerabilities and competitive pressures paints a nuanced picture. For investors, dissecting these facets is instrumental in gauging the investability of the MobiKwik IPO.
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Though it is not officially announced yet, MobiKwik's IPO price range is expected to be between Rs. 800 and Rs. 900 per share.
MobiKwik's IPO issue size is Rs. 1,900 crore.
The minimum lot size for retail investors is yet to be announced. We'll update once the issuer makes the details public.
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Registration No: CA0581 | Company CIN : U65999DL2016PLC314319.
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