One Mobikwik Systems Limited IPO (Mobikwik IPO)
i. Incorporated in 2009 with MobiKwik Wallet so that users could load money into a mobile wallet and use it to pay their utility bills in a single click. Over the years, its mobile wallet use cases have expanded to include, among others, eCommerce shopping, food delivery, petrol pumps, large retail chains, and pharmacies.
ii. Its large merchant network includes websites and mobile apps, where the MobiKwik Wallet is a payment option in the checkout as well as physical retail stores, where the MobiKwik Wallet is a QR code payment option at the point-of-sale (“POS”)/ cashier.
iii. The company has over 101.37 million Registered Users and more than 3.44 million e-commerce, physical retail, and biller partners.
Business segments :
(i) BNPL (Buy Now Pay Later)
(ii) Consumer Payments (MobiKwik Wallet)
(iii) Payment Gateway (Zaakpay).
Objects of the One Mobikwik Systems Limited IPO (Mobikwik IPO):
One Mobikwik Systems Limited IPO (Mobikwik IPO) Details:
|Face Value:||₹ 2 Per Equity Share|
|Issue Type:||Book Built Issue|
|Issue Size:||1,900 Cr.|
Promoters And Management:
Financials of One Mobikwik Systems Limited IPO (Mobikwik IPO):
|Particulars (in Millions)||Mar 21||Mar 20||Mar 19|
|Revenue from operations||2,885.71||3,556.75||1,484.75|
|Employee benefits expense||530||656.89||569.02|
|Impairment of goodwill||48.63|
|Depreciation and amortisation||13.14||26.99||15.08|
|Loss before tax||-1,102.63||-980.5||-1,511.95|
|Total tax expense||10||18.7||-32.22|
|Loss for the year||-1,109.98||-991.65||-1,476.12|