MobiKwik IPO

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.

Opening Date

To be announced

Closing Date

To be announced

Price Band

To be announced

Issue Size

To be announced

Face Value

To be announced

Market Lot

To be announced

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

IPO Financials

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.

How to apply in IPO via UPI on Dynami

A simple and smartest way to apply in IPO online via Religare Dynami Mobile App

Why should you invest in the MobiKwik IPO?

Below are your top reasons:

  • MobiKwik has leveraged the upward trend in digital payments and mobile wallet culture way before its peers. The thorough understanding of the virtual platform and ever-changing online payment patterns continue to benefit the business model of MobiKwik.
  • Moreover, this digital payment company has been proactively expanding its service offerings to boost its customer base and leverage newer market trends. Since the growth of virtual platforms, especially, mobile wallets are expected to surge in the upcoming years investing in MobiKwik IPO could prove useful in the long run.

Know before investing


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.

How to apply for MobiKwik IPO ?

Retail investors need to apply for the IPO using UPI


  • Link your bank account to a UPI ID.
  • Register your UPI id with your Demat account.
  • Subscribe for MobiKwik IPO and approve the payment on your UPI ID.

Demat Account

  • If you are an existing Dynami user, Pre-Apply Now!
  • If you’re a new investor, open an Dynami Demat account for free and begin your investment journey.

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