* Ratio is calculated based on latest financial & current share price.
(All Amount in INR Millions)
(All Amount in INR Millions)
(All Amount in INR Millions)
One Mobikwik Systems Limited is a digital payments company founded in 2009 by Bipin Preet Singh and Upasana Taku. It offers a mobile wallet to make electronic payments easy for users in India. The range of services offered by the company includes Bill payments, online shopping, grocery delivery, fuel stations, vast retail chains, pharmacies, supermarkets, and more. The Mobikwik platform also supports peer-to-peer payments through UPI and MobiKwik Wallet to bank payments. Furthermore, it provides Zaakpay, which allows apps and websites to collect payments from their customers using a wide range of payment methods such as debit cards, credit cards, digital payments, UPI, online banking, E-wallets Zip, and Buy Now Pay Later that allows customers to make payments for everyday use.
MobiKwik is an Indian online payment service provider and it has been in business since 2013. Over this period, MobiKwik has emerged as one of the best online payment service providers in India. However, due to extreme competition in the field, Mobikwik saw a little stint of financial deficits. Recently, Mobikwik announced that the company will be launching its first IPO intending to raise $84 million, for which, the company has also selected banks to help with the process.
According to the company’s draft documents, the rapidly growing numbers of digital payments, online shopping, and internet usage, in general, will gain financial benefits. The following graph illustrates Mobikwik’s performance in the last two years.
MobiKwik has been performing well in the unlisted share market recently. At the beginning of the year, the share price of MobiKwik was around ₹299, which jumped almost 2X after 12 months, MobiKwik share price in December 2023 is ₹589. The improvement in share prices can be attributed to the increase in the company’s revenue and profit margins.
Mobikwik unlisted share witnessed a 52-week high of Rs. 1170 per equity share and a 52-week low of Rs. 385 per equity share. You can get more insights through the following figures.
Mobikwik submitted its DRHP to SEBI in July 2021 and was scheduled to go public in November 2021, but the firm rescheduled its plans due to poor market sentiments. According to recent data, the firm is eagerly waiting for the final review of its figures for FY 22-23 and will go public shortly after. It is an opportunity for retail investors to buy Mobikwik unlisted shares as its promoters and private shareholders will release the company’s shares as a pre-IPO activity. Those who wish to invest in the fintech industry to yield considerable returns can buy Mobikwik unlisted shares, as the sector has been growing rapidly over the years.
One of the main reasons to buy MobiKwick is because the company is making a comeback. Due to the cut-throat nature of the online payment services industry, the company was facing financial issues. Although their revenue was rising, it still wasn’t enough to make a good profit. However, this fiscal year, the company has managed to make a profit in their first quarter. Moreover, the number of active users on MobiKwik also increased from 2 million to 4 million. This year the company is planning on generating a revenue of ₹1000 crore and a net profit of ₹40 to ₹50 crore.
If you want to invest in Mobikwik unlisted shares based on the data and insights displayed above, you can rely on Stockify. Our specialists provide users with a thorough and in-depth review of the financial statements of pre-IPO companies. Furthermore, we will provide you with access to KPI (Key Performance Indicators), an EBITDA margin report, an EPS report, and much more.
At Stockify, we make it simple and convenient to buy Mobikwik unlisted shares. Analyse the information and data provided above to assess your needs, and our consultants will help you extensively with unlisted share trading.
We closely watch stock market trends as well as fluctuations in the Mobikwik unlisted share price. If you are willing to buy Mobikwik. pre-IPO stocks, visit Stockify for real-time updates as we keep updating Mobikwik unlisted share price. Subscribe to our newsletter or check Mobikwik unlisted share price today! Mobikwik’s unlisted share price is currently ₹ 450 per equity share.
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