MobiKwik IPO

Apply now
Don't have a Zerodha account? Sign up

IPO date To be announced
Listing date
Price range
Minimum order quantity

View all IPOs

Online payments and lending firm MobiKwik plan to raise Rs 1,900 cr through IPO, of which 1,500 cr is a fresh issue of shares and Rs 400 cr offer for sale from the existing investors. Founded in 2009, the company was last valued at $700 mn when it raised $20 million in June 2021. It is into the business of consumer payments wallet, Buy Now Pay Later (BPNL), payments gateway and cross-selling mutual funds & insurance.

It has a user base of 101 mn and 3.4 million merchant partners. It reported a total income of Rs 302 cr, expenses of Rs 404 cr and Rs 111 cr loss for FY 2021.

How do I apply to the MobiKwik IPO?

You can apply for the MobiKwik IPO using any supported UPI app by following two steps:
  • Enter your bid on Console
  • Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.