One MobiKwik IPO Allotment Status: One MobiKwik, a leading digital payments platform, recently concluded its Initial Public Offering (IPO) with overwhelming demand from investors. With shares set to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on December 18, the anticipation among investors is palpable. This blog provides a comprehensive guide on checking the IPO allotment status online and dives deep into the key details, including the Grey Market Premium (GMP), financial performance, and objectives of the issue. Let’s explore everything you need to know about the MobiKwik IPO.
MobiKwik IPO Overview
- Company Name: One MobiKwik Systems Limited
- Price Band: ₹265 – ₹279 per share
- Issue Size: ₹572 crore
- Subscription Rate: 119.38 times
- Retail Subscription: 134.67 times
- Listing Date: December 18, 2024
The strong investor interest reflects confidence in MobiKwik’s growth potential in the digital payments sector. Now, let’s explore how you can check the allotment status of your MobiKwik shares.
How to Check One MobiKwik IPO Allotment Status
1. Via Registrar (Link Intime)
The IPO registrar, Link Intime India Pvt Ltd, allows investors to check their allotment status easily. Here’s a step-by-step guide:
- Visit the Link Intime Portal: linkintime.co.in/initial_offer/.
- Choose the Enterprise: Select “One MobiKwik Systems Ltd” from the menu that drops down.
- Enter Details: Fill in your PAN, Application Number, or DP Client ID.
- Submit: Click the “Submit” button.
- See Allotment: The screen will display your allotment status.
2. Via NSE Website
To check the allotment status on the National Stock Exchange (NSE) website, follow the procedures below:
- Go to the NSE Portal: nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp.
- Register: Sign up using your details and submit.
- Select the IPO: Choose “One MobiKwik Systems Ltd.”
- Enter Details: Input your IPO application number.
- Submit: Click the “Submit” button.
- Check Status: Your allotment status will be shown on the screen.
3. Via BSE Website
To check the allotment status on the Bombay Stock Exchange (BSE), follow these steps:
- Visit the BSE Portal: bseindia.com/investors/appli_check.aspx.
- Select Equity: Choose “Equity” in the issue type dropdown.
- Select Company: Pick “One MobiKwik Systems Ltd” in the issue name.
- Enter Details: Provide your PAN or application number.
- Verify: Complete the captcha (“I’m not a robot”).
- Click “Search” to see your allotment status.
One MobiKwik IPO Subscription Details
The MobiKwik IPO witnessed an incredible response, with an overall subscription rate of 119.38 times. Let’s break down the subscription by category:
| Investor Category | Subscription Rate |
| Retail Investors | 134.67 times |
| Non-Institutional Investors (NII) | 108.95 times |
| Qualified Institutional Buyers | 119.50 times |
This overwhelming demand highlights the strong market sentiment toward MobiKwik’s potential in the fintech sector.
One MobiKwik IPO Allotment Status: Grey Market Premium (GMP)
The Grey Market Premium (GMP) is an indicator of investor expectations for the listing price. According to market observers, the MobiKwik IPO commands a GMP of ₹166. This suggests a potential listing price of ₹445 per share (₹279 + ₹166), representing a 59% premium on the upper price band.
| Particulars | Details |
| Issue Price (Upper Band) | ₹279 |
| Grey Market Premium | ₹166 |
| Expected Listing Price | ₹445 |
| Expected Gain Percentage | 59% |
Investors should note that GMP trends can fluctuate, so the actual listing price may vary.
One MobiKwik IPO Allotment Status: Financial Performance
FY24 Financial Highlights
| Metric | FY24 | FY23 | Growth (%) |
| Net Profit/Loss (₹ crore) | ₹14.08 | (₹83.81) | – |
| Revenue (₹ crore) | ₹875 | ₹539.47 | 62.19% |
- Turnaround to Profitability: After reporting a net loss of ₹83.81 crore in FY23, MobiKwik reported a net profit of ₹14.08 crore in FY24.
- Revenue Growth: From ₹539.47 crore in FY23 to ₹875 crore in FY24, revenue increased by 62.19%.
Q1 FY25 Performance
- Revenue: ₹342.27 crore
- Net Loss: ₹6.62 crore
The Q1 FY25 results indicate a robust revenue stream, though the company reported a small loss.
Objectives of the IPO
MobiKwik intends to use the money raised from the IPO to achieve the following goals:
- Funding Growth: Expanding financial and payment services.
- Research and Development: Investment in data, machine learning (ML), and artificial intelligence (AI).
- Capital Expenditure: Enhancing payment devices infrastructure.
- General Corporate Purposes: Supporting overall business operations.
These strategic investments aim to solidify MobiKwik’s market position and drive future growth.
Key Things to Know About the MobiKwik IPO Listing
- Listing Date: December 18, 2024
- Time: 10:00 AM
- Exchanges: BSE and NSE
Given the high subscription rates and strong GMP, the listing is expected to be positive, rewarding successful bidders with significant gains.
Conclusion
The MobiKwik IPO has garnered massive interest due to the company’s promising growth trajectory and the surge in digital payment adoption in India. Investors who have secured allotments can expect potential gains based on the GMP trends. For those who missed out, the listing day on December 18 could provide opportunities to enter the stock.
By following the steps, you can easily check your IPO allotment status and stay updated on the listing developments. As MobiKwik continues to innovate in the fintech space, it remains a compelling story for long-term investors.
For more stock market insights, visit: stocks-profile.com
Disclaimer: The information in this “Stock Profile” blog post is for informational purposes only. It is not financial advice. Always consult a qualified expert before making investment decisions.
