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MobiKwik IPO: Date, Review, Price, Apply Form, Lot Size, Listing Date

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Short Info: MobiKwik IPO: Date, Review, Price, Apply | MobiKwik IPO Date Zerodha Chittorgarh | MobiKwik IPO GMP, DRHP, Price Range, Issue date, Price Band, Timetable, Retail Quota, Valuation, Share Price Expected and Subscribe at Official Website www.nseindia.com & www.bseindia.com.

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MobiKwik IPO

Digital wallet startup MobiKwik may also bring its IPO soon. MobiKwik has also submitted documents for this with SEBI. One MobiKwik Systems has submitted preliminary documents with the Securities and Exchange Board of India (SEBI) to raise Rs 1,900 crore through an initial public offering (IPO).

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Under the IPO, fresh equity shares worth Rs 1,500 crore will be issued and the promoter and existing shareholders will make an offer for sale (OFS) of Rs 400 crore.

The company plans to raise around Rs 1900 crore from this IPO.

In this Article, We cover MobiKwik Limited IPO Date, Review, Analysis, Price Band, Listing, Market Lot, Issue Size, Subscription Status & GMP Details.

MobiKwik IPO Subscription Status (Live Updates Today)

MobiKwik IPO Details

Name of Article MobiKwik IPO
IPO Date  To be updated soon
Issue Type Book Built Issue IPO 
Issue Size Approx ₹1900 Crores
Fresh Issue Approx ₹1500 Crores
Offer for Sale Approx ₹400 Crores
Face Value  ₹2 Per Equity Share
IPO Price  To be updated soon
Market Lot  To be updated soon
Min Order Quantity  To be updated soon
Listing At  BSE and NSE
MobiKwik Limited IPO Information

MobiKwik IPO Timetable

Event Dates
IPO Opening Date  To be updated soon
IPO Closing Date  To be updated soon
Finalization Date of Basis of Allotment  To be updated soon
Initiation of Refunds  To be updated soon
The credit of Shares to Demat Acct  To be updated soon
IPO Shares Listing Date  To be updated soon

How To Apply MobiKwik IPO Form?

The company may also consider pre-IPO placement up to Rs 400 crore. If the pre-IPO placement is completed, an equal number of equity shares will be deducted from the fresh issue. One MobiKwik Systems is the country’s leading Mobile Wallet (MobiKwik Wallet) and Buy Now Pay Later (BNPL) company. The shares of the company will be listed on BSE and NSE.

You can apply in MobiKwik IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services.

Check here read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank. The other option you can apply MobiKwik IPO via IPO forms download via NSE and BSE. Check out the MobiKwik forms – click NSE Forms & BSE Forms blank IPO forms download, fill and submit in your bank or with your broker.

How to invest in MobiKwik IPO using Zerodha app

  • Login to Zerodha Kite console.
  • Go to IPO section in Portfolio
  • Choose the IPO you want to apply for from the list.
  • Enter the UPI ID, bid details like price and quantity.
  • Now hit submit.

How to invest in MobiKwik IPO using ICICI Direct app

  • Login to ICICIdirect.com.
  • Go to the IPO section in Trade & Invest.
  • Fill the bid details like price and quantity.
  • And hit submit once confirm the details.

How to invest in MobiKwik IPO using Angel Broking app

  • Log in to Angel Broking apps
  • Hit on ‘More’ on the top menu.
  • Click on ‘IPO’ from the dropdown.
  • Select the MobiKwik IPO and click the ‘Apply’ button.
  • Enter UPI ID, investor type, order quantity and price.
  • Click ‘Apply’ to place the IPO order

MobiKwik IPO Date & Price Band

 IPO Open  To be updated soon
 IPO Close  To be updated soon
 IPO Size  Approx ₹1900 Crores
 Fresh Issue  Approx ₹1500 Crores
 Offer for Sale  Approx ₹400 Crores
 Face Value  ₹2 Per Equity Share
 Price Band  ₹ to ₹ Per Share
 Listing on  BSE & NSE
 Retail Portion  35%
 Equity   Shares

MobiKwik IPO Lot Size

 Minimum Lot Size: Minimum — Shares
 Minimum Amount: ₹—
 Maximum Lot Size: Maximum — Shares
 Maximum Amount: ₹—

MobiKwik IPO Allotment & Listing

The MobiKwik IPO date is 14 July 2021 and the close date is 16 July 2021. The allotment will be finalized on 22 July 2021 and the IPO may list on 27 July 2021.

 Basis of Allotment: To be updated soon
 Refunds: To be updated soon
 Credit to Demat Account: To be updated soon
 Listing Date: To be updated soon

About MobiKwik

Digital payments startup One Mobikwik Systems has submitted preliminary documents to the Securities and Exchange Board of India (Sebi) to raise Rs 1,900 crore through an initial public offering (IPO).

The firm, founded in 2009 by Bipin Preet Singh and Upasana Taku, counts Sequoia Capital India, Bajaj Finance NSE -0.07 %, American Express, Cisco and Abu Dhabi Investment Authority among its investors. Using MobiKwik, phones can be recharged, bills can be deposited and payments can also be done at many places.

Under the IPO, fresh equity shares worth Rs 1,500 crore will be issued and the promoter and existing shareholders will bring an offer for sale (OFS) of Rs 400 crore. With this, Jana Small Finance Bank has got the approval of market regulator SEBI to raise funds through an initial public offering (IPO). That is, then two IPOs will come in the market simultaneously.

Competitive Strengths

  • More than 3 million traders and retailers are associated with MobiKwik.
  • More than 10 lakh transactions are done through MobiKwik every day.

MobiKwik Company Financial Report

Mobikwik has so far raised over $165 million, according to startup data platform Crunchbase. This includes equity and debt funding.

For the year ended March 31, Mobikwik’s total income was down 18% to Rs 302.2 crore while losses widened to Rs 111.3 crore, the DRHP showed. The firm reported a loss of Rs 84.6 crore and Rs 141.8 crore, respectively, in FY20 and FY19.

Company Promoters:

  • Bipin Preet Singh
  • Upasana Rupkrishan Taku
  • Koshur Family Trust
  • Narinder Singh Family Trust

MobiKwik IPO Registrar

  • Link Intime India Private Limited
  • C 101, 247 Park, L.B.S. Marg,
  • Vikhroli (West), Mumbai 400 083
  • Maharashtra, India
  • Tel: +91 22 4918 6200
  • E-mail: [email protected]
  • Investor grievance e-mail: [email protected]
  • Contact person: Shanti Gopal Krishnan
  • Website: www.linkintime.co.in
  • SEBI Registration:INR000004058

MobiKwik IPO Lead Manager(s)

  • ICICI Securities Limited 
  • BNP Paribas
  • Credit Suisse Securities (India)Private Limited
  • IIFL Securities Limited
  • Jefferies India Private Limited

Company Contact Information

  • ONE MOBIKWIKSYSTEMS  PRIVATE  LIMITED 5th Floor, HUDA City Centre, Metro Station, Sector 29, Gurugram ,Gurgaon, Haryana, 122 001
  • Contact Person: Rahul Luthra
  • Company Secretary and Compliance Officer
  • Tel.: +91 (124) 640 9190
  • E-mail: [email protected]
  • Website: www.mobikwik.com
  • Corporate Identity Number: U64201HR2008PLC053766

FAQ of MobiKwik IPO:

What is the MobiKwik IPO?

Digital payments startup Mobikwik filed a draft red herring prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India, to raise Rs 1,900 crore ($255 million) through an initial public offering.

Who is the registrar of MobiKwik IPO?

Link Intime India Private Ltd is the registrar for the IPO.

What are the open and close dates of the MobiKwik IPO?

The IPO opens on —, and closes on —.

What is MobiKwik IPO Investors Portion?

The investors’ portion for QIB –%NII –%, and Retail –%.

What is the issue size of MobiKwik IPO?

The issue comprises of fresh issuance of shares, aggregating up to Rs — crore, and an offer for sale of up to Rs — crore by existing shareholders.

What is the price band for MobiKwik IPO?

The price band for MobiKwik IPO has been fixed at Rs —.

What is MobiKwik IPO Price Band?

MobiKwik IPO Price Band is ₹-to ₹-.

When will the MobiKwik IPO open for subscription?

MobiKwik IPO will open for subscription on — and will close on —.

What is the lot size and minimum order quantity of the MobiKwik Ltd. IPO?

The minimum bid is — Shares with ₹– amount while maximum bid is —shares with ₹–.

Is there any employee quota in MobiKwik IPO?

Yes. A total of 65 lakh equity shares will be offered to eligible employees.

How to check MobiKwik IPO Allotment Status?

Those who would bid for the issue can check the subscription status on the online portal of Link Intime India Private, the registrar to the IPO.

When MobiKwik IPO allotment?

The finalisation of the basis of allotment is likely by — and initialisation of refunds is likely by —. Meanwhile, credit of shares to demat accounts is likely by —.

When is the MobiKwik IPO listing date?

MobiKwik listing is likely by —.

 

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