One Mobikwik Systems Limited IPO has ₹130 Grey Market Premium as of December 10, 2024, with a price range of ₹265 to ₹279 per share. Offering lots of 53 shares, the subscription window is open from December 11 to December 13, 2024.
One Mobikwik Systems Limited IPO GMP Today
The Grey Market Premium (GMP) for One Mobikwik Systems Limited is ₹130 as of December 10, 2024. This assessment coincides with a price of ₹265 to ₹279 per share for the IPO.
One Mobikwik Systems Limited IPO Review
One Mobikwik Systems Limited has shown steady revenue growth, from ₹5,265.65 million in March 2022 to ₹5,394.67 million in March 2023, and ₹3,422.67 million for the first quarter of FY24. The company’s strong financial performance highlights business expansion and improved equity.
Profitability has notably improved, with PAT rising from a loss of ₹(1,281.62) million in March 2022 to ₹(66.15) million by March 2024. EPS improved from ₹(23.04) to ₹(1.16), and RoNW increased from (59.19)% to (4.17)%, indicating better returns on shareholder equity and business growth potential.
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One Mobikwik Systems Limited IPO Date
One Mobikwik Systems Limited will start accepting subscriptions from December 11 to December 13, 2024.
One Mobikwik Systems Limited IPO Price
One Mobikwik Systems Limited’s price range is at ₹265 to ₹279 per share with a face value of ₹2 each.
One Mobikwik Systems Limited
One Mobikwik Systems Limited, founded by Bipin Preet Singh and Upasana Taku, uses technology to promote financial inclusion in India. With a two-sided payments network, MobiKwik drives digital credit, investments, and insurance, enhancing consumer-merchant engagement, leveraging payment data for underwriting, and offering tailored investment solutions to strengthen its ecosystem.
How To Apply For One Mobikwik Systems Limited IPO?
To apply for the One Mobikwik Systems Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for One Mobikwik Systems Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the One Mobikwik Systems Limited IPO at Alice Blue in just a few clicks!
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.