On January 22, 2025, One Mobikwik Systems share price traded down by 5.08% at 2:49 PM (IST) at ₹438.80. One Mobikwik Systems share price reached a 52-week high of ₹698.30 on December 26, 2024, and a 52-week low of ₹433 on January 22, 2025. As per BSE, the total traded volume for the stock stood at 6.24 lakh shares with a turnover of ₹27.57 crore.
MobiKwik shares made a remarkable debut on the stock market last Wednesday, December 18, surging 90% from their issue price.
The company’s ₹572 crore IPO, comprising a fresh issue of shares, received an overwhelming response from investors, with subscriptions exceeding 100 times the shares on offer across all shareholder categories.
As of December 31, 2024, Foreign Institutional Investors (FIIs) held a 4.83% stake in One Mobikwik Systems shares, while Domestic Institutional Investors (DIIs) owned 8.85%, and the promoters held 25.18%.
On January 7, MobiKwik reported its earnings for the September quarter, revealing a net loss of ₹3.6 crore. This marked a decline compared to the net profit of ₹5.3 crore recorded in the same quarter last year but showed an improvement from the net loss of ₹6.4 crore reported in the June quarter.
The company’s revenue from operations jumped to ₹291 crore from ₹203.4 crore in the corresponding period last year. However, MobiKwik’s EBITDA for the quarter declined year-on-year to ₹6.8 crore, compared to ₹10.8 crore previously.
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Published on: Jan 22, 2025, 3:09 PM IST
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