One MobiKwik Systems, a prominent fintech company, announced the grant of 3,27,688 stock options to its eligible employees under the MobiKwik Employee Stock Option Plan 2014. This move reflects the company's ongoing efforts to incentivise and reward its employees while also aligning their interests with the long-term growth of the company.
The stock options granted by One MobiKwik Systems are convertible into fully paid-up equity shares with a face value of ₹2 each. The options are priced at face value, making them an attractive opportunity for eligible employees.
The company's Nomination & Remuneration Committee approved the stock option grant through a circular resolution. The total number of options granted, 3,27,688, is a part of the broader Employee Stock Option Plan (ESOP) aimed at retaining and motivating top talent within the company.
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The granted stock options will vest over a period of 4 years, with 20% of the options vesting each year for the first two years. The remaining 30% will vest each year after the 3rd and 4th years, ensuring that employees stay committed to the company over an extended period.
The absence of a lock-in period allows employees to exercise the options as they vest, providing them with flexibility in how and when they choose to convert their options into actual equity shares.
Offering Employee Stock Option Plans (ESOPs) is a strategy frequently used by companies to retain talent and encourage long-term commitment. By granting stock options, One MobiKwik Systems not only incentivises employees to work towards the company’s growth but also aligns their financial interests with the company's success.
The 4-year vesting period further reinforces this long-term vision, ensuring that employees have a reason to stay and contribute meaningfully to the company's performance over time.
One MobiKwik Systems is a leading fintech company in India, offering a range of digital payment solutions. Founded in 2009, the company has steadily grown to become a key player in the Indian digital payments ecosystem. Its MobiKwik platform allows users to make payments, transfer money, and access financial services seamlessly.
By offering ESOPs, the company demonstrates its commitment to fostering a work culture of ownership and responsibility among its employees. The move also underlines the company's belief in employee empowerment as a critical factor for business success.
On June 13, 2025, One Mobikwik Systems share price opened at ₹269.00 on NSE, below the previous close of ₹274.00. During the day, it surged to ₹269.00 and dipped to ₹262.55. The stock is trading at ₹267.05 as of 10:32 AM. The stock registered a significant decline of 2.54%.
The grant of 3,27,688 ESOPs by One MobiKwik Systems is a strategic move to enhance employee engagement and retention. With a four-year vesting schedule and the flexibility to exercise the options as they vest, the company is creating a strong incentive for its employees to contribute towards the company’s long-term growth and success. The move also reflects the company’s commitment to offering competitive and rewarding compensation packages to its talent pool.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
Published on: Jun 13, 2025, 1:33 PM IST
Team Angel One
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