
Domestic alternative investment funds (AIFs) have significantly reduced their stake in MobiKwik during the March quarter, marking a notable change in the company's ownership landscape.
During Q4 FY26, domestic AIFs cut their MobiKwik holdings by 50%, reducing their share count from 11.12 lakh shares (1.41% stake) to 5.61 lakh shares (0.71% stake). Notably, 2 of the 5 AIFs exited in the past 3 months.
In contrast to domestic AIFs, foreign portfolio investors (FPIs) bolstered their MobiKwik holdings by 33%, raising their share count from 25.02 lakh shares (3.18% stake) to 33.42 lakh shares (4.25% stake). Seven category I FPIs and 2 category II FPIs supported this increase.
During the quarter, investor Sathyamoorthi Devarajulu exited MobiKwik, selling all 9 lakh shares (1.44% stake) for ₹19.7 crore in February. Retail investors remain significant holders with 36% of shares, though they also sold 3.31 lakh shares.
Read More: Mutual Funds Nearly Exit EaseMyTrip in March Quarter!
Corporate bodies maintained their 16.72% ownership in MobiKwik. Similarly, foreign companies like Peak XV Partners, Cisco, and American Express sustained their combined 11.84% stake.
MobiKwik's stock saw considerable volatility, dropping 33% to an all-time low of ₹151.95 on March 30. Notably, the company's profitability turnaround in December 2025 led to positive market engagement, moving shares to ₹208.05, up by 3.5% recently on the BSE.
As of April 23, 2026, at 9:56 AM, One Mobikwik Systems share price on NSE is trading at ₹212, up by 0.30% from the previous closing price.
The March quarter saw domestic AIFs halving their stake in MobiKwik, contrasting with FPIs who increased their holdings. The volatility in share price reflects these changes in investor activities.
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Published on: Apr 23, 2026, 10:22 AM IST

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