Mobikwik Securities Receives SEBI Certificate to Operate as Stock Broker and Clearing Member

One Mobikwik Systems Limited, a leading digital payment platform, has announced that its wholly-owned subsidiary, Mobikwik Securities Broking Private Limited (MSBPL), has received a Certificate of Registration from the Securities and Exchange Board of India (SEBI). 

This approval enables MSBPL to operate as both a stockbroker and clearing member under SEBI's Stock Brokers Regulations, 1992, which could open up new opportunities for the company in the financial services sector.

SEBI Certificate of Registration for Mobikwik Securities

The Securities and Exchange Board of India (SEBI) issued a Certificate of Registration to Mobikwik Securities Broking Private Limited (MSBPL) to operate as a stockbroker and clearing member. 

This milestone, effective from July 1, 2025, will allow MSBPL to engage in activities such as buying, selling, and dealing in securities, as well as clearing and settling trades. The certificate is valid indefinitely, with no expiry date, offering MSBPL the flexibility to scale its operations in the securities space.

Strategic Impact of the SEBI Registration

This approval marks a significant step in Mobikwik's strategy to expand its services into the financial sector. By obtaining SEBI's registration, MSBPL is now positioned to facilitate trading activities and provide a wider range of services in the securities market. The move is expected to enhance Mobikwik's portfolio by broadening its business activities and offering new financial products and services to its customers, ultimately contributing to its growth and market presence.

Details of the SEBI Registration

As part of its registration, Mobikwik Securities Broking Private Limited will be allowed to carry out securities trading activities, clearing, and settlement of trades, along with other related functions permitted by stock exchanges and clearing corporations. This certification aligns with Mobikwik's vision of tapping into the growing demand for digital financial solutions in India and providing users with a comprehensive suite of services.

Read More: SEBI Opens New 6-Month Window for Physical Share Transfers that Missed Previous Deadlines!

MOBIKWIK Share Price Performance

On July 3, 2025, MOBIKWIK share price opened at ₹241.70 on NSE, above the previous close of ₹241.68. During the day, it surged to ₹250.80 and dipped to ₹239.10. The stock is trading at ₹247.20 as of 3:24 PM. The stock registered a significant gain of 2.28%.

Over the past week, it has declined by 2.70%, over the past month, it has declined by 9.33%, and over the past 3 months, it has declined by 18.84%.

Conclusion

Mobikwik Securities Broking's registration as a stockbroker and clearing member with SEBI represents a key milestone in Mobikwik's journey. This move allows the company to diversify into the securities and financial services space, bringing new opportunities to its portfolio. MSBPL’s registration is likely to contribute positively to the company's overall growth trajectory and could open the door to further expansions in the digital financial ecosystem.

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