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The Mobikwik IPO, valued at ₹572.00 crores, is a book-built issue entirely comprising a fresh issue of 2.05 crore shares. This highly anticipated IPO offers investors a chance to participate in one of the market's most exciting offerings this year.
The subscription period for the Mobikwik IPO runs from December 11, 2024, to December 13, 2024, providing a limited window for investors to secure their applications. The allotment of shares is expected to be finalized on December 16, 2024, with the IPO proposed to list on BSE and NSE on December 18, 2024. Keeping track of the Mobikwik IPO GMP will offer valuable insights into its market performance as the listing date approaches.
Priced within a range of ₹265 to ₹279 per share, the IPO is designed to appeal to a wide range of investors. Retail investors can apply for a minimum lot size of 53 shares, requiring an investment of ₹14,787. For small non-institutional investors (sNII), the minimum application size is 14 lots (742 shares), amounting to ₹207,018, while big non-institutional investors (bNII) need to invest ₹1,005,516 for 68 lots (3,604 shares).
As one Mobikwik IPO milestone, this offering is a unique opportunity to invest in a company with significant growth potential. Retail and institutional investors alike are encouraged to monitor the Mobikwik IPO GMP and stay updated on key dates to make informed investment decisions and potentially capitalize on listing gains.
| IPO Date | December 11, 2024 to December 13, 2024 |
| Listing Date | December 18, 2024 |
| Face Value | ₹2 per share |
| Price Band | ₹265 to ₹279 per share |
| Lot Size | 53 Shares |
| Total Issue Size | 20,501,792 shares (aggregating up to ₹572.00 Cr) |
| Fresh Issue | 20,501,792 shares (aggregating up to ₹572.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
| Share holding pre issue | 57,184,521 |
| Share holding post issue | 77,686,313 |
| IPO Open Date | Wednesday, December 11, 2024 |
| IPO Close Date | Friday, December 13, 2024 |
| Basis of Allotment | Monday, December 16, 2024 |
| Initiation of Refunds | Tuesday, December 17, 2024 |
| Credit of Shares to Demat | Tuesday, December 17, 2024 |
| Listing Date | Wednesday, December 18, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on December 13, 2024 |
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 53 | ₹14,787 |
| Retail (Max) | 13 | 689 | ₹192,231 |
| S-HNI (Min) | 14 | 742 | ₹207,018 |
| S-HNI (Max) | 67 | 3,551 | ₹990,729 |
| B-HNI (Min) | 68 | 3,604 | ₹1,005,516 |
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | 92,25,807 (45%) | NA |
| QIB Shares Offered | 61,50,538 (30%) | NA |
| NII (HNI) Shares Offered | 30,75,269 (15%) | |
| bNII > ₹10L | 20,50,179 (10%) | 2,763 |
| sNII < ₹10L | 10,25,089 (5%) | 1,381 |
| Retail Shares Offered | 20,50,179 (10%) | 38,682 |
| Total Shares Offered | 2,05,01,793 (100%) |
| Period Ended | 30 Jun 2024 | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|---|
| Assets | 908.1 | 854.65 | 714.33 | 836.13 |
| Revenue | 345.83 | 890.32 | 561.12 | 543.22 |
| Profit After Tax | -6.62 | 14.08 | -83.81 | -128.16 |
| Net Worth | 216.54 | 142.69 | 162.59 | 158.65 |
| Reserves and Surplus | 147.21 | 151.15 | 131.26 | 205.1 |
| Total Borrowing | 206.34 | 211.7 | 192.27 | 150.91 |
The Mobikwik IPO marks a major milestone for the company and its investors, providing a unique opportunity to participate in the growth of a leading digital platform. With a book-built issue valued at ₹572.00 crores and a fresh issue of 2.05 crore shares, this IPO is designed to cater to a wide range of investors, from retail participants to large institutional buyers. The competitive price band of ₹265 to ₹279 per share, coupled with tailored lot sizes, ensures accessibility and flexibility for various investment capacities.
Retail investors can start with a minimum investment of ₹14,787 for 53 shares, while small non-institutional investors (sNII) and big non-institutional investors (bNII) can choose larger lot sizes for more significant stakes. Monitoring the Mobikwik IPO GMP will provide valuable insights into market sentiment and the potential for listing gains.
As the subscription period runs from December 11-13, 2024, with allotment expected on December 16, and the listing date set for December 18, investors are encouraged to stay updated on key dates and market performance. This IPO not only reflects Mobikwik's growth journey but also offers an attractive opportunity for investors to capitalize on its future potential. By participating in one Mobikwik IPO, investors position themselves to benefit from the company’s expanding footprint and innovative solutions in the digital payments sector.
