{"id":30878,"date":"2024-01-09T12:47:18","date_gmt":"2024-01-09T07:17:18","guid":{"rendered":"https:\/\/blog.researchandranking.com\/?p=30878"},"modified":"2025-11-10T13:32:15","modified_gmt":"2025-11-10T08:02:15","slug":"mobikwiks-renewed-ipo-attempt-6-imp-things-to-know-before-you-invest","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/mobikwiks-renewed-ipo-attempt-6-imp-things-to-know-before-you-invest\/","title":{"rendered":"MobiKwik’s Renewed IPO Attempt: 6 IMP Things to Know Before You Invest"},"content":{"rendered":"
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One Mobikwik Systems Limited, the parent company of the popular digital payments platform MobiKwik, has made headlines again with its renewed plans for an initial public offering (IPO)<\/a>. It submitted the DRHP for the second time to SEBI<\/a> in January this year and is set to raise \u20b9700 crore instead of the initial \u20b91,900 crore. <\/p>\n\n\n\n

The company first gave the draft red-herring (DRHP<\/a>) prospectus for a \u20b91,900-crore IPO to SEBI in July 2021. The IPO<\/a>, with a face value of \u20b92, consists solely of new equity shares and does not include any offer-for-sale component.<\/p>\n\n\n\n

Mobikwik IPO details<\/strong><\/h2>\n\n\n\n
Offer Price<\/td>Yet to announce<\/td><\/tr>
Face Value<\/td> \u20b9 2 per Share<\/td><\/tr>
Opening Date<\/td>Yet to announce<\/td><\/tr>
Closing Date<\/td>Yet to announce<\/td><\/tr>
Total Issue Size (in Shares)<\/td>Yet to announce<\/td><\/tr>
Total Issue Size (in \u20b9)<\/td> \u20b9 700 Cr<\/td><\/tr><\/tbody><\/table>
Source: DRHP<\/figcaption><\/figure>\n\n\n\n

About Mobikwik<\/strong><\/h2>\n\n\n\n

MobiKwik is a major player in the Buy Now Pay Later (BNPL) space, offering credit to customers for online purchases. Additionally, it provides payment gateway services, allowing transactions between merchants and users. With over 100 million users and 3.4 million merchant partners, MobiKwik has built a strong digital ecosystem.<\/p>\n\n\n\n

Growth Story<\/strong><\/h2>\n\n\n\n

MobiKwik was one of the best in 2023 in the allocation efficiency of digital financial products and services. During that fiscal year, it achieved a revenue of 6.64 rupees for every rupee invested in marketing. This performance metric exceeds Paytm<\/a>, Groww, Phonepe, and Fino Payments Bank.<\/p>\n\n\n\n

Operational Revenue Up as Company Narrows Losses<\/strong><\/h2>\n\n\n\n

The company’s past year saw an upward trend in operational revenue, demonstrating a healthy increase. Despite facing challenges, there was a significant improvement in financial performance, with losses shrinking by a notable percentage compared to the previous year. This positive trajectory suggests promising future prospects for the company.<\/p>\n\n\n\n

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Source: DRHP<\/figcaption><\/figure>\n\n\n\n

<\/p>\n\n\n\n

Here are 7 points from the DRHP that investors may find important:<\/strong><\/h2>\n\n\n\n