One Mobikwik Systems Ltd.
Industry:
Fintech
Issue Details
Open Date
11 Dec 2024Close Date
13 Dec 2024Size (in Crs.)
331.22
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-14Lot Size
53
Type
Book building
Face Value
2
Market Lot
1
Objective of the Issue
1. Funding growth in our financial services business 2. Funding growth in our payment services business 3. Investment in data, ML and AI and product and technology 4. Capital expenditure for our payment devices business 5. General corporate purposes
Description
We are 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 lo... Show More
Address
Unit No. 102, 1st Floor, Block- B , Pegasus One, Golf Course Road , Sector-53
Gurugram
122003
Promoter Holding
Promoters:
Bipin Preet Singh, Koshur Family Trust, Narinder Singh Family Trust, Upasana Rupkrishan Taku
Total Share Capital
19560928
Offered to Public
11871696
% Promoter's Holding (Pre-Issue)
34.21
% Promoter's Holding (Post-Issue)
25.18
Shares on offer
Total Share Offer
19560928
Of above offred to public
11871696
Post Issue shares
NA
Post Issue Promoters
25.18
Lead Managers to the Issue:
Dam Capital Advisors Ltd. (Formerly IDFC Securities Ltd.), SBI Capital Markets Ltd
Registrar Details
Registrar Name:
Link Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083