One Mobikwik Systems Ltd: Shares Rebound After Block Deals Worth ₹168 Crore 9 hours ago Today
One Mobikwik Systems Ltd. shares recovered from an initial 6% decline after significant block deals. 68.5 lakh shares were traded at prices between ₹231.00 and ₹261.00, totaling approximately ₹168.00 crore. The stock's quick recovery suggests investor confidence. Additionally, the company granted 3,27,688 stock options to employees at face value.
MobiKwik Faces Potential Stake Sale as Net1 Considers Exit Amid Financial Challenges 11 hours ago Today
Net1 to Offload 8% Stake in Mobikwik via Block Deal 20 hours ago Yesterday
MobiKwik Shares Slide 6% as Lock-in Period Expires 8 days ago
One Mobikwik Reports Q4 Financial Services Revenue Decline Amid BNPL Business Restructuring May 21, 2025
More news about One Mobikwik Systems
20May 25
ONE MOBIKWIK SYSTEMS Reports Widening Q4 Loss of Rs 56 Crore, Stock Falls 6%
ONE MOBIKWIK SYSTEMS, an Indian digital payments company, reported a net loss of Rs 56.03 crore in Q4, significantly higher than the Rs 0.67 crore loss in the same quarter last year. Revenue grew slightly by 2.6% to Rs 278.00 crore. The company's Payments GMV increased 2.3 times year-over-year. EBITDA loss expanded to Rs 45.80 crore. Following the results, the company's stock price fell 6.3% to Rs 262.00 in intraday trading.
16May 25
One MobiKwik Systems to Announce Q4 and FY25 Results on May 19
One MobiKwik Systems Ltd. will release its Q4 and full fiscal year 2025 financial results on May 19, 2025. A board meeting will approve the audited results. An earnings call with investors is scheduled for May 20, 2025. The company has implemented a trading window closure for designated persons until May 21, 2025, to prevent insider trading.
12May 25
One MobiKwik Systems to Review Q4 Financial Results on May 19
One MobiKwik Systems, a key player in India's digital payments and financial services sector, has scheduled its Q4 financial results review for May 19. The review will provide crucial insights into the company's performance for the last fiscal quarter, including key financial metrics such as revenue, net profit/loss, EPS, operating expenses, and cash flow. This announcement is significant for investors and analysts, as the results may impact the company's stock price and market perception.
02May 25
MobiKwik's Subsidiary Zaakpay Secures RBI Approval as Online Payment Aggregator
One MobiKwik Systems Limited's wholly owned subsidiary, Zaak ePayment Services (Zaakpay), has received final approval from the Reserve Bank of India to operate as an Online Payment Aggregator. This authorization allows Zaakpay to offer a wide range of payment acceptance solutions including credit/debit card processing, net banking, UPI, digital wallets, Pay Later options, and EMI facilities. The approval is expected to strengthen MobiKwik's position in the digital payments landscape, potentially opening new revenue streams and enhancing its competitiveness in the fintech sector.
One Mobikwik Systems Limited's subsidiary, Zaak ePayment Services, has been authorized by the Reserve Bank of India (RBI) to operate as an online payment aggregator. This approval allows Zaak ePayment to provide payment aggregation services for online merchants, enhancing MobiKwik's position in the digital payments sector. The authorization enables the company to offer streamlined payment processing, integration of multiple payment methods, and enhanced security features for online transactions.
30Apr 25
MobiKwik's Subsidiary Zaakpay Secures RBI Approval as Online Payment Aggregator
MobiKwik Systems Limited announced that its subsidiary, Zaak ePayment Services Private Limited (Zaakpay), has received RBI authorization to operate as an Online Payment Aggregator. The certificate, issued on April 30, 2025, has no expiry date. This approval is expected to facilitate business expansion, ensure regulatory compliance, and provide a competitive advantage for Zaakpay in the digital payments sector.
30Apr 25
MobiKwik's Subsidiary Secures RBI Authorization as Online Payment Aggregator
ONE MOBIKWIK SYSTEMS LIMITED's subsidiary, ZAAK EPAYMENT SERVICES PRIVATE LIMITED (Zaakpay), has received the Certificate of Authorisation from the Reserve Bank of India to operate as an Online Payment Aggregator. The authorization, issued on April 30, 2025, allows Zaakpay to provide payment aggregation services under the Payment and Settlement Systems Act, 2007, without an expiry date. This development is expected to enable business expansion opportunities for Zaakpay within the digital payments ecosystem and strengthen MobiKwik's position in the market.
23Apr 25
MobiKwik Expands into Financial Services with New NBFC Subsidiary
ONE MOBIKWIK SYSTEMS LIMITED has incorporated a new wholly-owned subsidiary, MOBIKWIK FINANCIAL SERVICES PVT. LTD. (MFSPL), registered as a Non-Banking Financial Company (NBFC). The subsidiary, with an initial paid-up share capital of ₹1,00,000, aims to carry out NBFC operations, including hire purchase and leasing businesses for various assets. This move signifies MobiKwik's strategy to diversify beyond digital payments and deepen its presence in the financial services sector.
21Apr 25
MobiKwik Teams Up with Poonawalla Fincorp to Offer Instant Personal Loans
ONE MOBIKWIK SYSTEMS has announced a strategic partnership with Poonawalla Fincorp to offer instant personal loans through MobiKwik's digital platform. The collaboration combines MobiKwik's digital expertise and user base with Poonawalla Fincorp's lending experience. The partnership aims to provide quick, convenient access to personal loans through a digital-first approach, potentially expanding financial services to a broader consumer segment.
28Mar 25
MobiKwik Uncovers ₹1.26 Crore Fraud by Former Employee, Implements Stringent Measures
MobiKwik, a leading fintech company, has reported a fraud case involving a former employee, Gaurav Sharma, who misappropriated ₹1.26 crore by manipulating merchant details between August 2023 and September 2024. The company has filed a police complaint, and the ex-employee is in custody. MobiKwik has fully provisioned the amount in its books and implemented enhanced security measures, including SSO login with VPN, two-factor authentication, restricted admin portal access, hourly alerts for sensitive field changes, separate wallets for business segments, and improved financial controls. The company has informed stock exchanges in compliance with SEBI regulations.
27Mar 25
ONE MOBIKWIK SYSTEMS Uncovers ₹1.26 Crore Fraud by Former Employee
ONE MOBIKWIK SYSTEMS, a digital payment platform, disclosed a fraud of ₹1.26 crore committed by former employee Gaurav Sharma between August 2023 and September 2024. The ex-employee allegedly misappropriated funds by altering merchant details. The company has filed a police complaint, and the accused is in custody. ONE MOBIKWIK has implemented corrective measures including enhanced login security, restricted access to admin portals, and improved monitoring systems. The fraud amount has been provisioned in the company's accounts.
26Mar 25
MobiKwik Expands into Securities Broking with New Subsidiary
ONE MOBIKWIK SYSTEMS has incorporated a new subsidiary, MOBIKWIK SECURITIES BROKING, marking its entry into the securities broking sector. This strategic expansion aims to diversify the company's financial services portfolio, potentially creating new revenue streams and enhancing its competitive position in the fintech market. The move aligns with the growing trend of retail investing in India and the increasing digitization of financial services.
17Mar 25
MobiKwik Shares Plunge 13% as Lock-in Period Expires
One MobiKwik Systems Ltd experienced a 13% drop in share price on March 17, 2025, as the three-month shareholder lock-in period expired. Approximately 46 lakh shares (6% of outstanding equity) became available for trading, pushing the stock below its IPO price of ₹279. Despite 17.7% YoY revenue growth in Q3, the company reported a net loss of ₹55.3 crore, indicating ongoing profitability challenges in the competitive fintech sector.
21Feb 25
ONE MOBIKWIK SYSTEMS Expands Fintech Portfolio with Strategic Investment in BLOSTEM FINTECH
ONE MOBIKWIK SYSTEMS Limited is set to acquire a 3.39% stake in BLOSTEM FINTECH Private Limited for ₹15 million, marking its second investment in the company. This investment will bring ONE MOBIKWIK's total shareholding in BLOSTEM FINTECH to 6.79%. BLOSTEM FINTECH is a B2B banking infrastructure platform specializing in Fixed Deposit aggregation, with partnerships across multiple banks and NBFCs. The transaction is expected to be completed by February 28, 2025, and does not require regulatory approvals.