One Mobikwik Systems Trades 5.08% Down to Hit 52-week Low on January 22, 2025

On January 22, 2025, One Mobikwik Systems share price traded down by 5.08% at 2:49 PM (IST) at ₹438.80. One Mobikwik Systems share price reached a 52-week high of ₹698.30 on December 26, 2024, and a 52-week low of ₹433 on January 22, 2025. As per BSE, the total traded volume for the stock stood at 6.24 lakh shares with a turnover of ₹27.57 crore.

MobiKwik shares made a remarkable debut on the stock market last Wednesday, December 18, surging 90% from their issue price.

The company’s ₹572 crore IPO, comprising a fresh issue of shares, received an overwhelming response from investors, with subscriptions exceeding 100 times the shares on offer across all shareholder categories.

Shareholding Details

As of December 31, 2024, Foreign Institutional Investors (FIIs) held a 4.83% stake in One Mobikwik Systems shares, while Domestic Institutional Investors (DIIs) owned 8.85%, and the promoters held 25.18%.

One Mobikwik Systems Q2 FY25 Results

On January 7, MobiKwik reported its earnings for the September quarter, revealing a net loss of ₹3.6 crore. This marked a decline compared to the net profit of ₹5.3 crore recorded in the same quarter last year but showed an improvement from the net loss of ₹6.4 crore reported in the June quarter.

The company’s revenue from operations jumped to ₹291 crore from ₹203.4 crore in the corresponding period last year. However, MobiKwik’s EBITDA for the quarter declined year-on-year to ₹6.8 crore, compared to ₹10.8 crore previously.

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