MOBIKWIK

** India's One MobiKwik Systems ONEM.NS set for busiest day in three months as 8.8% stake changes hands in a large deal

** ONEM up 2.8% at 252.2 rupees, recovers from a 5.5% drop at open

** More than 6.8 million shares, representing 8.8% stake in co, change hands in a large deal on NSE at 231.1 rupees, a discount of 6.4% to previous close

** Foreign investor Net1 Applied Technologies Netherlands BV likely seller, as per news reports

** Overall, more than 18 million shares traded in ONEM on Thursday, highest since March 21

** YTD, ONEM down 57%

(Reporting by Vivek Kumar M)

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** Shares of One Mobikwik Systems ONEM.NS fall 8% to 247.85 rupees

** Lock-in period for 38 mln shares held by pre-listing shareholders of ONEM ended today, as per Nuvama Alternative & Quantitative Research

** Trading vols at 1.8 mln shares, 1.5x the 30-day average

** ONEM down ~58% YTD

(Reporting by Vijay Malkar)

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April 21 (Reuters) - One MobiKwik Systems Ltd ONEM.NS:

• MOBIKWIK AND POONAWALLA FINCORP TO OFFER INSTANT PERSONAL LOANS

• LOANS RANGE FROM 50,000 RUPEES TO 1.5 MILLION RUPEES

Source text: [ID:]

Further company coverage: ONEM.NS

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March 27 (Reuters) - One MobiKwik Systems Ltd ONEM.NS:

• ONE MOBIKWIK SYSTEMS LTD - FRAUD BY EX-EMPLOYEE OF COMPANY

• ONE MOBIKWIK SYSTEMS - MISAPPROPRIATION OF COMPANY FUNDS BY ALTERING MERCHANT DETAILS

• ONE MOBIKWIK SYSTEMS - AMOUNT INVOLVED IN FRAUD IS 12.6 MILLION RUPEES

Source text: ID:nNSE94tw8D

Further company coverage: ONEM.NS

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March 26 (Reuters) - One MobiKwik Systems Ltd ONEM.NS:

• INCORPORATION OF SUBSIDIARY MOBIKWIK SECURITIES BROKING

Source text: [ID:]

Further company coverage: ONEM.NS

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** Shares of Paytm PAYT.NS fall 4.6% to 727.80 rupees, One Mobikwik Systems ONEM.NS down 5% to 316.90 rupees

** India's union cabinet approved incentive of 15 bln rupees ($174 mln) for low-value UPI transactions between April 1, 2024 to March 31, 2025

** UPI is a real-time payment system to transfer money between bank accounts

** Brokerage Jefferies said government's incentives for low-value UPI transactions are half of last year's despite rise in such transactions

** Introduction of merchant charges (MDR) on UPI transactions could help Paytm in offsetting impact from reduction in UPI incentives, Jefferies says

** Paytm set to fall after gaining for three straight sessions, down ~28% YTD

** ONEM down ~45% in 2025

($1 = 86.2220 Indian rupees)

(Reporting by Vijay Malkar)

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Feb 21 (Reuters) - One MobiKwik Systems Ltd ONEM.NS:

• ONE MOBIKWIK SYSTEMS LTD - TO ACQUIRE 3.39% OF BLOSTEM FINTECH

• ONE MOBIKWIK SYSTEMS LTD - TO INVEST 15 MILLION RUPEES FOR 3.39% BLOSTEM SHARES

Source text: ID:nNSEPKzPC

Further company coverage: ONEM.NS

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Feb 7 (Reuters) - One MobiKwik Systems Ltd ONEM.NS:

• TO INCORPORATE AND INVEST IN WHOLLY-OWNED SUBSIDIARIES

Source text: ID:nNSE8n3rc4

Further company coverage: ONEM.NS

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Feb 4 (Reuters) - One MobiKwik Systems Ltd ONEM.NS:

• ONE MOBIKWIK SYSTEMS DEC-QUARTER CONSOL LOSS 552.8 MILLION RUPEES

• ONE MOBIKWIK SYSTEMS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.69 BILLION RUPEES

Further company coverage: ONEM.NS

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Jan 28 (Reuters) - One MobiKwik Systems Ltd ONEM.NS:

• LAUNCHED FULL VERSION OF CENTRAL BANK DIGITAL CURRENCY (CBDC)

• LAUNCHED FULL VERSION OF CBDC IN PARTNERSHIP WITH RBI AND YES BANK

Source text: [ID:]

Further company coverage: ONEM.NS

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Jan 24 (Reuters) - One MobiKwik Systems Ltd ONEM.NS:

• CHANDAN JOSHI RESIGNS AS CO-FOUNDER & CEO - PAYMENTS DIVISION

Source text: ID:nNSE4g2RPd

Further company coverage: ONEM.NS

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Jan 16 (Reuters) - One MobiKwik Systems Ltd ONEM.NS:

• ONE MOBIKWIK SYSTEMS LTD: MOBIKWIK PARTNERS WITH PIRAMAL FINANCE TO OFFER PERSONAL LOANS

• ONE MOBIKWIK SYSTEMS LTD - PARTNERS WITH PIRAMAL FINANCE TO OFFER PERSONAL LOANS

Source text: ID:nBSE22PtnB

Further company coverage: ONEM.NS

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Jan 7 (Reuters) - One MobiKwik Systems Ltd ONEM.NS:

• ONE MOBIKWIK SYSTEMS LTD SEPT-QUARTER LOSS 29.1 MILLION RUPEES

• ONE MOBIKWIK SYSTEMS LTD SEPT-QUARTER REVENUE FROM OPERATIONS 2.9 BILLION RUPEES

Source text: ID:nBSE4VlPqz

Further company coverage: ONEM.NS

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** Fintech firm One MobiKwik Systems ONEM.NS rises 3.4% to 504 rupees

** Around 229,414 shares traded in two block deals at 527.00 and 527.15 rupees - LSEG

** Deals ~8% premium to last close

** ONEM down ~7% since trading debut on Dec. 18, when it soared 86%

(Reporting by Yagnoseni Das in Bengaluru)

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** Shares of One MobiKwik Systems ONEM.NS gain 8.3% to 572 rupees

** Stock surged 86% in trading debut on Wednesday to 518 rupees vs offer price of 279 rupees, valuing the fintech firm at $474 mln

** ONEM only stock among the three listed on Wed to extend gains on Thurs

** ONEM's peers in listing, budget retailer Vishal Mega Mart VSSL.NS and drugmaker Sai Life Sciences SAIE.NS, down 2% each

** ONEM's $67 mln IPO was subscribed 120 times last week with bids worth $4.7 bln

(Reporting by Kashish Tandon in Bengaluru)

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Adds share price in paragraph 2, analyst comment in paragraphs 4-5

By Nishit Navin and Kashish Tandon

Dec 18 (Reuters) - Shares of India's MobiKwik ONEM.NS soared 86% in their trading debut on Wednesday, valuing the financial technology firm at about 40 billion rupees ($474 million), as investors bet on its prospects in a booming online payments market.

The stock is currently trading at 518 rupees. It listed at 440 rupees on the National Stock Exchange, nearly 58% above its offer price of 279 rupees.

Investors had flocked to MobiKwik's ONEM.NS $67 million IPO last week, placing orders for about 120 times the shares on offer in one of the most heavily subscribed issues since late September.

India's online payments market is dominated by Paytm PAYT.NS, Walmart WMT.N -backed PhonePe and Google Pay, with the transaction value set to double to 593 trillion rupees in fiscal year 2028–29 from 265 trillion rupees in 2023–24, according to PwC.

MobiKwik has a good business model, similar to that of Paytm, with a smaller valuation, which is attracting investors, said Rahul Jain, an analyst at Dolat Capital.

“The company provides a very strong and engaging platform in a very large market,” Jain said.

Paytm, MobiKwik's only listed rival in India, went public in 2021 and is currently valued at $7.60 billion.

Millions of Indians pay online for everything from groceries to flight tickets, aiding the business of financial technology firms, popularly known as fintechs. These firms offer services including providing loans and running payment gateway solutions.

MobiKwik is the latest among a rising number of Indian firms to go public in a red-hot IPO market, where more than 300 companies have raised $17.50 billion so far this year, more than double the amount raised in the same period in 2023.

($1 = 84.9140 Indian rupees)

(Reporting by Nishit Navin and Kashish Tandon; Editing by Sonia Cheema)

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