One MobiKwik Systems Ltd., a payments solutions provider, saw its shares extend gains for the third straight session on Wednesday, September 3. The stock rose more than 6% intraday, taking its three-day rally to about 36%. With this move, the stock now trades 8% above its IPO price of ₹278 per share.
Trading activity in One MobiKwik shares was unusually high. By Wednesday afternoon, around 3.6 crore shares had changed hands, far above the 20-day average of 25 lakh shares.
The surge in volumes comes after block deal activity earlier in the week. On Monday, Abu Dhabi Investment Authority (ADIA), one of the company’s key shareholders, exited its entire stake through block deals.
According to data from the National Stock Exchange (NSE), ADIA sold 16.44 lakh shares at an average price of ₹238.45, valuing the transaction at ₹39.21 crore. This represented 2.1% of the company’s outstanding equity, the same as ADIA’s reported holding at the end of the June 2025 quarter.
Despite this exit, One MobiKwik’s stock continued to climb, suggesting strong investor interest from other quarters.
Apart from ADIA, several large investors continue to hold stakes in the company. Peak XV Partners owns 9.92%, Cisco Systems 1.54%, and American Express Travel Related Services 1.34%.
Among foreign portfolio investors, Government Pension Fund Global holds 3.01%, Societe Generale 1.2%, and Citigroup Global Markets 1.12%.
Retail investors also play a significant role, with about 1.84 lakh small shareholders, those with holdings up to ₹2 lakh, collectively owning 28.1% as of June 30, 2025.
The stock had surged 20% on Tuesday and 15% on Monday, adding to Wednesday’s rise. On September 3, One MobiKwik share price opened at ₹284.00 compared to the previous close of ₹280.70. It touched a low of ₹275.45 before climbing to ₹294.50 by 2:40 PM, up 4.91% for the session.
Despite the recent rally, the stock remains 57% below its post-listing high of ₹698.
Read More: Mobikwik Securities Receives SEBI Certificate to Operate as Stock Broker and Clearing Member
One MobiKwik shares have shown sharp momentum, gaining more than a third in just three days. Even with ADIA’s exit through block deals, strong volumes and investor participation have kept the rally intact, although the stock continues to trade well below its peak levels.
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Published on: Sep 3, 2025, 2:41 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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