{"id":40964,"date":"2024-12-10T14:42:49","date_gmt":"2024-12-10T09:12:49","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=40964"},"modified":"2024-12-10T14:48:01","modified_gmt":"2024-12-10T09:18:01","slug":"mobikwik-ipo","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/mobikwik-ipo\/","title":{"rendered":"Mobikwik IPO"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"40964\" class=\"elementor elementor-40964\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3d1c238 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3d1c238\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-311abab\" data-id=\"311abab\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-aeed4d9 elementor-widget elementor-widget-text-editor\" data-id=\"aeed4d9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Mobikwik IPO is a book-built issue of Rs 572.00 crores. The issue is entirely a fresh issue of 2.05 crore shares.<\/span><\/p><p><span style=\"color: #000000;\">The IPO opens for subscription on December 11, 2024, and closes on December 13, 2024. The price band is set at \u20b9265 to \u20b9279 per share and the minimum lot size for an application is 53 Shares.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a714e35 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a714e35\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-e30469c\" data-id=\"e30469c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-116d8e8 elementor-widget elementor-widget-text-editor\" data-id=\"116d8e8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Company Summary<\/strong><\/span><\/p><p><span style=\"color: #000000;\">Incorporated in March 2008, Mobikwik is a fintech company providing prepaid digital wallets and online payment services.<\/span><\/p><p><span style=\"color: #000000;\">The company provides a range of payment services, enabling consumers to:<\/span><\/p><ul><li><span style=\"color: #000000;\">Pay utility bills, such as mobile recharges, electricity, and credit card bills<\/span><\/li><li><span style=\"color: #000000;\">Make purchases at both online and offline merchants, including retail stores and fuel stations<\/span><\/li><li><span style=\"color: #000000;\">Transfer money to phone numbers, UPI IDs, or bank accounts<\/span><\/li><li><span style=\"color: #000000;\">Check bank balances<\/span><\/li><li><span style=\"color: #000000;\">Scan QR codes and make payments using UPI or Rupay credit cards.<\/span><\/li><\/ul><p><span style=\"color: #000000;\">The company has created innovative products such as MobiKwik ZIP, ZIP EMI for consumers, and Merchant Cash Advance for merchants through in-house models and strategic partnerships with lending partners. These offerings utilize digital public infrastructure (DPI) such as Aadhaar, E-Nach, Digi-Locker, and NSDL to provide seamless and digital-first experiences for consumers.<\/span><\/p><p><span style=\"color: #000000;\">As of June 30, 2024, the company has 161.03 million registered users and has enabled 4.26 million merchants to make and accept payments both online and offline.<\/span><\/p><p><span style=\"color: #000000;\">The product range of the company includes the following<\/span><\/p><ul><li><span style=\"color: #000000;\">Online Checkout for E-commerce Merchants: Enables merchants to accept payments through all major modes, including UPI, wallets, cards, and pay-later options.<\/span><\/li><li><span style=\"color: #000000;\">Scan and Pay with Kwik QRs: This feature allows retail merchant partners to accept payments via UPI, wallets, cards, and pay-later options using QR codes.<\/span><\/li><li><span style=\"color: #000000;\">MobiKwik Vibe (Soundbox): A QR-enabled device that announces payment confirmations for merchants, enhancing the customer experience.<\/span><\/li><li><span style=\"color: #000000;\">MobiKwik EDC Machine: A point-of-sale terminal that allows merchants to accept all in-person payment modes, including credit cards, debit cards, and UPI.<\/span><\/li><li><span style=\"color: #000000;\">Merchant Cash Advance: A flagship credit product that provides accessible, affordable credit to merchants using the company&#8217;s payment solutions for their business needs.<\/span><\/li><\/ul><p><span style=\"color: #000000;\">MobiKwik ZIP is a flagship product that lets consumers buy now and pay later within 30 days, offering flexibility and easy repayment options.<\/span><\/p><p><span style=\"color: #000000;\">As of June 30, 2024, the company has 226 permanent employees in its technology function.<\/span><\/p><p><span style=\"color: #000000;\">As of December 2024, the company had obtained 19 registered trademarks and had applied for 11 trademark applications under the Trade Mark Act of 1999.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-420dd1e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"420dd1e\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2973ef9\" data-id=\"2973ef9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8b4f4a6 elementor-widget elementor-widget-text-editor\" data-id=\"8b4f4a6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Competitive Strengths:<\/strong><\/span><\/p><ul><li><span style=\"color: #000000;\">Empowering Journeys through the Company&#8217;s legacy of providing a positive and sustainable consumer experience<\/span><\/li><li><span style=\"color: #000000;\">Efficient operational management of loan products distributed by them.<\/span><\/li><li><span style=\"color: #000000;\">The trust in their brand<\/span><\/li><li><span style=\"color: #000000;\">Technology and product first approach to business.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b4afff4 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b4afff4\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9675b57\" data-id=\"9675b57\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-7eefe21 elementor-widget elementor-widget-text-editor\" data-id=\"7eefe21\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Company Financials<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Period Ended<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>30 Jun 2024<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>31 Mar 2024<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>31 Mar 2023<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>31 Mar 2022<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Assets<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">908.1<\/span><\/td><td><span style=\"color: #000000;\">854.65<\/span><\/td><td><span style=\"color: #000000;\">714.33<\/span><\/td><td><span style=\"color: #000000;\">836.13<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Revenue<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">345.83<\/span><\/td><td><span style=\"color: #000000;\">890.32<\/span><\/td><td><span style=\"color: #000000;\">561.12<\/span><\/td><td><span style=\"color: #000000;\">543.22<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Profit After Tax<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">-6.62<\/span><\/td><td><span style=\"color: #000000;\">14.08<\/span><\/td><td><span style=\"color: #000000;\">-83.81<\/span><\/td><td><span style=\"color: #000000;\">-128.16<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Net Worth<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">216.54<\/span><\/td><td><span style=\"color: #000000;\">142.69<\/span><\/td><td><span style=\"color: #000000;\">162.59<\/span><\/td><td><span style=\"color: #000000;\">158.65<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Reserves and Surplus<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">147.21<\/span><\/td><td><span style=\"color: #000000;\">151.15<\/span><\/td><td><span style=\"color: #000000;\">131.26<\/span><\/td><td><span style=\"color: #000000;\">205.1<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Total Borrowing<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">206.34<\/span><\/td><td><span style=\"color: #000000;\">211.7<\/span><\/td><td><span style=\"color: #000000;\">192.27<\/span><\/td><td><span style=\"color: #000000;\">150.91<\/span><\/td><\/tr><tr><td style=\"text-align: right;\" colspan=\"5\"><span style=\"color: #000000;\">Amount in \u20b9 Crore<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7f65e14 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7f65e14\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-22c405f\" data-id=\"22c405f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8e529a2 elementor-widget elementor-widget-text-editor\" data-id=\"8e529a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Objectives of the IPO<br \/><\/strong><\/span><span style=\"color: #000000;\">The Company proposes to utilize the Net Proceeds towards the following objects:<br \/><\/span><span style=\"color: #000000;\">1. Funding growth in the financial services business<br \/><\/span><span style=\"color: #000000;\">2. Funding growth in the payment services business<br \/><\/span><span style=\"color: #000000;\">3. Investment in data, ML, AI, product, and technology<br \/><\/span><span style=\"color: #000000;\">4. Capital expenditure for the payment devices business<br \/><\/span><span style=\"color: #000000;\">5. General corporate purposes.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-69771cf elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"69771cf\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8fc666f\" data-id=\"8fc666f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-afdb474 elementor-widget elementor-widget-text-editor\" data-id=\"afdb474\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Promoters of the company<br \/><\/strong><\/span><span style=\"color: #000000;\">The Promoters of our Company are:<br \/><\/span><span style=\"color: #000000;\">1. Bipin Preet Singh<br \/><\/span><span style=\"color: #000000;\">2. Upasana Rupkrishan Taku<br \/><\/span><span style=\"color: #000000;\">3. Koshur Family Trust<br \/><\/span><span style=\"color: #000000;\">4. Narinder Singh Family Trust.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b6e55df elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b6e55df\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fc6f5d5\" data-id=\"fc6f5d5\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9cb3cbe elementor-widget elementor-widget-text-editor\" data-id=\"9cb3cbe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>IPO details<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>IPO Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">December 11, 2024 to December 13, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Wednesday, December 18, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Face Value<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">\u20b92 per share<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Price Band<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">\u20b9265 to \u20b9279 per share<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Lot Size<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">53 Shares<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Total Issue Size<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">20,501,792 shares (aggregating up to \u20b9572.00 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Fresh Issue<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">20,501,792 shares (aggregating up to \u20b9572.00 Cr)<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Issue Type<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Book Built Issue IPO<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing At<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">BSE, NSE<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0566bfc elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0566bfc\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-226b68b\" data-id=\"226b68b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a7766ff elementor-widget elementor-widget-text-editor\" data-id=\"a7766ff\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Lot Allocation details<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Application<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Lots<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Shares<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Amount<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">1<\/span><\/td><td><span style=\"color: #000000;\">53<\/span><\/td><td><span style=\"color: #000000;\">\u20b914,787<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Retail (Max)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">13<\/span><\/td><td><span style=\"color: #000000;\">689<\/span><\/td><td><span style=\"color: #000000;\">\u20b9192,231<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>S-HNI (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">14<\/span><\/td><td><span style=\"color: #000000;\">742<\/span><\/td><td><span style=\"color: #000000;\">\u20b9207,018<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>S-HNI (Max)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">67<\/span><\/td><td><span style=\"color: #000000;\">3551<\/span><\/td><td><span style=\"color: #000000;\">\u20b9990,729<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>B-HNI (Min)<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">68<\/span><\/td><td><span style=\"color: #000000;\">3604<\/span><\/td><td><span style=\"color: #000000;\">\u20b91,005,516<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-73bc847 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"73bc847\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-24d6537\" data-id=\"24d6537\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-da5c818 elementor-widget elementor-widget-text-editor\" data-id=\"da5c818\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>Allotment Schedule<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Basis of Allotment<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Monday, December 16, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Initiation of Refunds<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Tuesday, December 17, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>The credit of Shares to Demat<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Tuesday, December 17, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Listing Date<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">Wednesday, December 18, 2024<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\"><strong><b>Cut-off time for UPI mandate confirmation<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\">5 PM on December 13, 2024<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4429989 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4429989\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ba54583\" data-id=\"ba54583\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bcd347e elementor-widget elementor-widget-text-editor\" data-id=\"bcd347e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><strong>IPO Reservation<\/strong><\/span><\/p><table><tbody><tr><td><span style=\"color: #000000;\"><strong><b>Investor Category<\/b><\/strong><\/span><\/td><td><span style=\"color: #000000;\"><strong><b>Shares Offered<\/b><\/strong><\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\">QIB Shares Offered<\/span><\/td><td><span style=\"color: #000000;\">Not Less than 75% of the Net Issue<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\">Retail Shares Offered<\/span><\/td><td><span style=\"color: #000000;\">Not more than 10% of the Net Issue<\/span><\/td><\/tr><tr><td><span style=\"color: #000000;\">NII (HNI) Shares Offered<\/span><\/td><td><span style=\"color: #000000;\">Not more than 15% of the Net Issue<\/span><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0c599c2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0c599c2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fdd1aea\" data-id=\"fdd1aea\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-91e409e elementor-widget elementor-widget-text-editor\" data-id=\"91e409e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">To check allotment, <a href=\"http:\/\/To check allotment, click here\" target=\"_blank\" rel=\"noopener\">click here<\/a><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5b6abbe elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5b6abbe\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7d0160b\" data-id=\"7d0160b\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-17f9a31 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"17f9a31\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/onelink.to\/449wqx\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">APPLY FOR IPO<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Mobikwik IPO is a book-built issue of Rs 572.00 crores. The issue is entirely a fresh issue of&hellip;","protected":false},"author":5,"featured_media":40978,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[15],"tags":[611,23,55],"class_list":{"0":"post-40964","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ipos","8":"tag-latest-ipo","9":"tag-stock-market","10":"tag-upcoming-ipo","11":"cs-entry","12":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mobikwik IPO - Flattrade Kosh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flattrade.in\/kosh\/mobikwik-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mobikwik IPO - Flattrade Kosh\" \/>\n<meta property=\"og:description\" content=\"Mobikwik IPO is a book-built issue of Rs 572.00 crores. 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