One MobiKwik Systems Limited, a leading fintech company, has taken a significant step towards diversification by incorporating a wholly owned subsidiary for securities broking. The new entity, Mobikwik Securities Broking Private Limited (MSBPL), received approval from the Ministry of Corporate Affairs, Central Processing Centre. This move marks MobiKwik’s strategic entry into the stock broking sector, complementing its existing digital payments and financial services offerings.
Registered in Gurgaon, Haryana, MSBPL is set to operate as a full-fledged securities broking firm. The subsidiary will engage in trading shares, stocks, securities, debt instruments, commodities, currencies, and derivatives. Additionally, it aims to secure memberships in stock and commodity exchanges across India and other markets.
MobiKwik has allocated an initial paid-up share capital of ₹1 lakh for MSBPL and plans to infuse an additional ₹2 crore in multiple batches. With 100% ownership, MobiKwik will have full control over its operations. The establishment of MSBPL falls under related-party transactions, reinforcing the company’s commitment to financial expansion.
With this ambitious expansion, the market reaction was gentle. On 27th March 2025, shares of One MobiKwik Systems Limited closed at ₹312.40 on the BSE, reflecting a rise of ₹8.60 or 2.83%. While the immediate impact on share price was not too big, long-term investors may view this development as a strategic move that could enhance MobiKwik’s financial ecosystem.
MobiKwik’s decision to enter the securities broking industry aligns with the growing demand for seamless digital investment solutions. As more retail investors explore stock trading, fintech firms are bridging the gap by offering integrated financial services. MobiKwik’s extensive user base and technological expertise provide a solid foundation for success in this competitive sector.
The launch of MSBPL signals MobiKwik’s ambition to become a diversified financial powerhouse. By expanding beyond digital wallets and lending services, the company is positioning itself to capitalise on India’s booming investment landscape. If executed effectively, this venture could strengthen MobiKwik’s market presence and potentially influence One MobiKwik Systems Limited share price positively in the long run.
As MobiKwik takes its first steps in securities broking, all eyes will be on how it navigates regulatory requirements, competition, and market dynamics. Investors and industry experts will be closely monitoring its performance and impact on the broader fintech ecosystem.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: Mar 27, 2025, 4:23 PM IST
Suraj Uday Singh
Suraj Uday Singh is a skilled financial content writer with 3+ years of experience. At Angel One, he excels in simplifying financial concepts. Previously, he cultivated his expertise at a leading mortgage lending firm and a prominent e-commerce platform, mastering consumer-focused and engaging content strategies.
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