IPO Dates

Important dates with respect to IPO allotment and listing

IPO Open Date

To be announced

About Company

MobiKwik is one of the leading Buy Now Pay Later (BNPL) and mobile wallet providers. It has earned its popularity among the masses by easing regular mobile payments and extending the benefits of BNPL. In addition, the digital payment company aims to address the credit requirements of the rapidly increasing online consumers.

Services like peer-to-peer payments through UPI, MobiKwik Wallet and MobiKwik Wallet to bank payments are available on this platform. In addition, MobiKwik has launched Zaakpay, its subsidiary payment gateway and MobiKwik Zip, a flagship BNPL solution to ease the process of accepting and paying money digitally.

MobiKwik IPO Objectives

- To prepay/repay the company's outstanding borrowings, either full or partially.
- Meeting organic or inorganic growth initiatives.
- To address corporate objectives.

MobiKwik IPO - Details

Per the DRHP filed with SEBI, the issue size of MobiKwik IPO will be Rs. 1900 crore comprising fresh share issue of up to Rs. 1500 crore. Moreover, the IPO will have an offer for sale worth Rs. 400 crore by promoters and certain shareholders. The company is targeting a valuation of approximately $1 billion with this upcoming IPO. Qualified institutional buyers will be allotted 75% of the IPO shares, whereas non-institutional and retail investors will be allotted 15% and 10% of the shares, respectively.

Why should you invest in MobiKwik IPO?

MobiKwik has leveraged the upward trend in digital payments and mobile wallet culture way before its peers. The thorough understanding of the virtual platform and ever-changing online payment patterns continue to benefit the business model of MobiKwik.

Moreover, this digital payment company has been proactively expanding its service offerings to boost its customer base and leverage newer market trends. Since the growth of virtual platforms, especially, mobile wallets are expected to surge in the upcoming years investing in MobiKwik IPO could prove useful in the long run.

IPO Financials

Financial year Total Revenue Total Revenue Profit after tax
2018-19 160.23 Cr. 335.08 Cr. 147.97 Cr.
2019-20 3,69.85 Cr. 337.94 Cr. 99.92 Cr.
2020-21 302.26 Cr. 423.14 Cr. 111.30 Cr.

Know before investing


  1. MobiKwik extends innovative products to its customer base. For example, MobiKwik offers instant small-ticket loans, EMI payment options, and insurance policy covers besides regular online bill payment and recharge.

  2. Increase in inflationary levels, and a slow down in economic growth can increase volatility in the financial market. In turn, it could stagnate the company’s growth.

  3. Intense competition in fintech space exposes MobiKwik to the constant fear of losing market shares to its peers. With newer offerings and better customer experience, MobiKwik’s competitors could eat into the company’s existing customer base.

  4. Change in domestic laws regarding taxation or legal compliance could impact MobiKwik’s plans negatively.


  1. Lack of regulations against online fraud increases the threats of security breaches and cyberattacks. This poses a potential threat to the company's reputation.

  2. Irregularities in compliance with RBI, system failure and inability to cross-sell insurtech could emerge as big challenges.

  3. This could hamper its ability to access growth capital and keep its cash flow stream continuous.

  • How to Apply in IPO
  • How to Check IPO Allotment Status

Login to Angel One App / Website & click on IPO

Select desired IPO & tap on "Apply"

Enter UPI ID, set quantity/price & submit

Accept mandate on the UPI app to complete the process

Login to Angel One App / Website

Choose IPO section on Home Page

Click IPO Orders

Chose the IPO application you want to view the status for

MobiKwik IPO FAQs

What is MobiKwik IPO?

MobiKwik has filed a DRHP with SEBI, which suggests that the company will raise Rs. 1900 crore via IPO. Primary share sales would be approximately Rs. 1500 crore. Also, there will be an offer for sale encompassing Rs. 400 crore.

When will MobiKwik IPO open?

MobiKwik IPO will open sometime in September 2021.

What is the minimum lot size for retail investors?

The minimum lot size for retail investors is yet to be announced. We’ll update the page once the issuer makes the details public.

When is MobiKwik IPO listing date?

The MobiKwik IPO listing date is still not known. Once it is announced, we’ll update the same.

How will I receive the MobiKwik IPO?

Retail investors will receive MobiKwik IPO shares into their Demat account directly once the allotment is complete.

Which entities have been appointed as merchant bankers for this IPO?

MobiKwik has appointed ICICI Securities, IIFL Securities, Credit Suisse Securities (India) Private Limited, Jefferies India and BNP Paribas as its merchant banker.

Does MobiKwik IPO have a reservation for company employees?

Yes, MobiKwik IPO will have a reservation for the company’s employees.

Who is the registrar of MobiKwik IPO?

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

Who are the investors of MobiKwik?

MobiKwik’s investors include Bajaj Finance, Tree Line, Sequoia Capital India and Amex and Cisco.

Which entities are offering shares through MobiKwik IPO?

The entities are Bajaj Finance, Sequoia Capital India Investments IV, American Express Travel Related Services Company Inc, Tree Line Asia Master Fund (Singapore) Pte Ltd, Sequoia Capital India Investment Holdings III, Cisco Systems (USA) Pte Ltd, and MobiKwik promoters.