Mobikwik Pre-IPO Share Price

One Mobikwik Systems Limited Pre-IPO/Unlisted Shares – Company Overview  

Mobikwik is an Indian digital wallet company that was founded in 2009 by Bipin Preet Singh and Upasana Taku. The company is headquartered in Gurugram, Haryana, India, and has become one of the leading players in the digital payments space in India.

The principal activities of the Company consist of issuing and operating prepaid payment instrument (Wallet Payment System). The users use their MobiKwik wallet for transferring money, for paying their utility bills (prepaid recharge, post-paid mobile, landline, electricity, TV, etc.) and for shopping online on e-commerce websites. The Company has also rolled out financial services platform facilitating various loans product in association with financing partners. Mobikwik started its journey as a mobile recharge and bill payment platform but has since expanded its product offerings to include various other digital financial services.  Mobikwik offers a wide range of digital financial services to its customers, including digital wallet services, bill payments, mobile and DTH recharges, and online shopping. The company has also expanded into the lending and insurance segments by offering personal loans, credit cards, and insurance products. One of Mobikwik's key offerings is its digital wallet, which allows customers to store money digitally and use it to make payments for various services. Customers can add money to their wallet using various payment methods like debit/credit cards, net banking, and UPI. The wallet can be used to pay for services like bill payments, mobile and DTH recharges, online shopping, and more.

One Mobikwik Systems Limited Pre-IPO/Unlisted Share Details as of March 31, 2024

One Mobikwik Systems Limited Incorporation Details 

One Mobikwik Systems Limited Principal Business Activities 

One Mobikwik Systems Limited Board of Directors

Bipin Preet Singh, Managing Director, CEO & Co-founder

Upasana Rupkrishan Taku, Chairperson, COO, Whole-time Director & Co-founder

Chandan Joshi, Whole-time Director & Co-founder

Punita Kumar Sinha, Independent Director

Navdeep Singh Suri, Independent Director

Sayali Karanjkar, Independent Director

Raghu Ram Hiremagalur Venkatesh, Independent Director

One Mobikwik Systems Limited Particulars of Subsidiary and Associate Companies 

One Mobikwik Systems Limited Shareholding Pattern (As of 31-03-2023)

Industry Outlook of Digital Payment

The digital payments industry in India has been growing rapidly in recent years, driven by the increasing adoption of smartphones, rising internet penetration, and the government's push towards a cashless economy. With its wide range of digital payment and financial services, Mobikwik was well-positioned to benefit from this growth in the digital payments industry. The company had a strong focus on innovation and had launched several new products and services to cater to the evolving needs of its customers. Some of its key offerings included mobile wallets, UPI payments, bill payments, insurance, and investments.

However, the Indian digital payments industry is highly competitive, with several established players like Paytm, PhonePe, and Google Pay, as well as new entrants like WhatsApp Pay and Amazon Pay, vying for market share.

FAQ Related to One Mobikwik systems limited

Q.1) Is One Mobikwik systems limited is a private or public company?

One Mobikwik Systems Limited is a Public incorporated on 20 March 2008. 

Q.2) Do One Mobikwik systems limited listed or not?

MobiKwik, is an unlisted public company.

Q.3) in which field the work of One Mobikwik systems limited is?

One Mobikwik Systems Limited operates in the fintech sector, offering digital wallet services, payment solutions, financial products, and digital banking solutions.

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Q.4) how is One Mobikwik systems limited is in liquid category?

there is a marginal improvement in the current ratio, the liquidity position of One Mobikwik Systems Limited is constrained. The company faces challenges with cash flow management, slow receivables, and a low DSCR, indicating that liquidity remains a concern despite some improvements in financial metrics.