One MobiKwik Systems Limited (MobiKwik) Unlisted Shares

Buy Mobikwik Unlisted Shares

 About Company:

Mobikwik is a fintech company – one of the largest mobile wallets (MobiKwik Wallet) and Buy Now Pay Later (“BNPL”) players in India, based on mobile wallet gross merchandise value (“GMV”) and BNPL GMV, respectively, in Fiscal 2021 (Source: RedSeer Report). According to the RedSeer Report, India’s online transacting users has rapidly grown at a CAGR of approximately 15% from 180 million in Fiscal 2018 to over 250 million in Fiscal 2021. However, India had only 30-35 million unique credit card users resulting in a low credit card penetration of 3.5% (of the total Indian population above the age of 15 years) compared to the world’s major economies, as of March 31, 2021 (Source: RedSeer Report). Mobikwik is focused on addressing the unmet credit needs of these fast growing online transactors by combining the convenience of everyday mobile payments with the benefits of Buy Now Pay Later (BNPL).

.

Mobikwik commenced operations in 2009 with the MobiKwik Wallet so that users could load money into a mobile wallet and use it to pay their utility bills in a single click. Over the years, their mobile wallet use cases have expanded to include, among others, ecommerce shopping, food delivery, petrol pumps, large retail chains and pharmacies. Their large merchant network includes websites and mobile apps, where the MobiKwik Wallet is a payment option in the checkout as well as physical retail stores, where the MobiKwik Wallet is a QR code payment option at the point-of-sale (“POS”)/ cashier. Their platform also enables peer-to-peer payments via unified payment interface (“UPI”), MobiKwik Wallet as well as MobiKwik Wallet to bank payments. As of March 31, 2021, the Company had over 101.37 million Registered Users and more than 3.44 million ecommerce, physical retail and biller partnersothers, ecommerce shopping, food delivery, petrol pumps, large retail chains and pharmacies. Their large merchant network includes websites and mobile apps, where the MobiKwik Wallet is a payment option in the checkout as well as physical retail stores, where the MobiKwik Wallet is a QR code payment option at the point-of-sale (“POS”)/ cashier. Their platform also enables peer-to-peer payments via unified payment interface (“UPI”), MobiKwik Wallet as well as MobiKwik Wallet to bank payments. As of March 31, 2021, the Company had over 101.37 million Registered Users and more than 3.44 million ecommerce, physical retail and biller partnerspharmacies. Their large merchant network includes websites and mobile apps, where the MobiKwik Wallet is a payment option in the checkout as well as physical retail stores, where the MobiKwik Wallet is a QR code payment option at the point-of-sale (“POS”)/ cashier. Their platform also enables peer-to-peer payments via unified payment interface (“UPI”), MobiKwik Wallet as well as MobiKwik Wallet to bank payments. As of March 31, 2021, the Company had over 101.37 million Registered Users and more than 3.44 million ecommerce, physical retail and biller partners

Overall Business & Competitive Strength

 MobiKwik Unlisted Shares Details

NameOne Mobikwik Systems Limited Unlisted Shares
Alias NameMobikwik
Face ValueRs.2
ISIN CodeINE0HLU01028
ISIN DescriptionOne Mobikwik Systems Limited EQ New FV Rs 2/-
PANAABCO0442Q

 One Mobikwik Systems Limited (MobiKwik) – Financials

Financial in Millions unless specifically mentioned
ParticularsFY 2018-19 (Proforma)FY 2019-20FY 2020-21
Revenue from operations1,484.753,556.752,885.71
Other income117.57141.79136.85
Total income1,602.323,698.543 ,022.56
Total expenses3,020.984,544.914,040.70
Earning before interest, tax, depreciation and amortisation
(EBITDA)
(1,418.66)(846.37)(1,018.14)
Profit/(Loss) before tax(1,511.95)(980.50)(1,102.63)
Profit/(Loss) for the year(1,479.73)(999.20)(1,113.00)
EPS (In INR)(31.01)(20.45)(22.18)

 Mobikwik Unlisted Shares Price

*Rates mentioned in the chart are indicative.

 Mobikwik Unlisted Shares – Valuation (Market Capitalisation)

Total Number of Outstanding Shares: 30,765,900 (As per MobiKwik IPO DRHP)
Add: Convertible Preference Shares: 24,820,960
Total Shares taken into consideration for calculating Market Cap: 55,586,860

Market Cap Scenarios:

At 500 Rs/Share, Mobikwik Unlisted Shares values the company at approx. Rs. 2,780 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Mobikwik unlisted shares.

At 550 Rs/Share, Mobikwik Unlisted Shares values the company at approx. Rs. 3,057 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Mobikwik unlisted shares.

At 600 Rs/Share, Mobikwik Unlisted Shares values the company at approx. Rs. 3,335 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Mobikwik unlisted shares.

 Mobikwik – Shareholding

Source: MobiKwik IPO DRHP

 One Mobikwik Systems Limited (MobiKwik) – DRHP

 One Mobikwik Systems Limited (MobiKwik) – News

 FAQ for MobiKwik Unlisted Shares

How to buy Unlisted Shares of Mobikwik?

Process of Buying Mobikwik Unlisted Shares

  1. Get connected with us and inquire for the Unlisted/Pre-IPO shares of Mobikwik
  2. We will quote the current prevailing market rates of the shares (Subject to availability)
  3. If you agree on the rate and quantity, we will send our bank details. (Please note, we accept payment only through bank)
  4. Buyer transfers the fund in our bank account and buyer also need to send their demat details (for initiating share transfer process)
  5. Post receiving funds and demat details, we initiate transfer of Mobikwik unlisted shares. The shares usually gets transferred on same/next working day in your demat account
  6. For detailed buying process, refer here

What is the minimum lot size for buying Unlisted Shares of Mobikwik?

The minimum lot size for investing in Mobikwik is 50-100 Shares

What is the lock-in period for Mobikwik Unlisted Shares?

The Lock-in period for Mobikwik Limited Unlisted Shares will be One Year. The Lock-in period starts from the date of IPO allotment. (According to DRHP)

Is buying Unlisted Shares of Mobikwik Legal?

Yes, buying Unlisted/Pre-IPO Shares of Mobikwik is completely legal.

How to check price of MobiKwik Unlisted Shares?

You can regularly check the updated price of MobiKwik Unlisted Shares at our Website and on our Telegram Channel

When can we expect IPO of Mobikwik?

The IPO of Mobikwik can be expected in short to medium term. The company has filed its DRHP with SEBI.

The DRHP was already filed in mid 2021 but the recent carnage in fintech space has delayed the listing of Mobikwik

 

Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Youtube
Consent to display content from Youtube
Vimeo
Consent to display content from Vimeo
Google Maps
Consent to display content from Google
Spotify
Consent to display content from Spotify
Sound Cloud
Consent to display content from Sound