{"id":152,"date":"2024-12-09T21:23:17","date_gmt":"2024-12-09T15:53:17","guid":{"rendered":"https:\/\/rautsharvari.co.in\/?p=152"},"modified":"2024-12-09T21:23:17","modified_gmt":"2024-12-09T15:53:17","slug":"mobikwik-ipo-a-step-towards-revolutionizing-digital-finance","status":"publish","type":"post","link":"https:\/\/rautsharvari.co.in\/?p=152","title":{"rendered":"MobiKwik IPO: A Step Towards Revolutionizing Digital Finance"},"content":{"rendered":"\n<p>The Mobikwik IPO, opening on <strong>Wednesday, December 11, 2024<\/strong>, is a significant event for the company, as it seeks to raise <strong>\u20b9572 crore<\/strong> through a <strong>fresh issue of shares<\/strong>. Key details of the offering include:<\/p>\n\n\n\n<p><strong>Mobikwik IPO<\/strong> details:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>IPO Size<\/strong>: \u20b9572 crore (entirely fresh issue of shares)<\/li>\n\n\n\n<li><strong>Price Band<\/strong>: \u20b9265\u2013279 per share<\/li>\n\n\n\n<li><strong>Minimum Investment<\/strong>: 53 shares per lot (\u20b914,045 to \u20b914,787<\/li>\n<\/ul>\n\n\n\n<p>Here\u2019s a detailed timeline for the <strong>Mobikwik IPO<\/strong>:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>IPO Open Date<\/strong>: Wednesday, December 11, 2024<\/li>\n\n\n\n<li><strong>IPO Close Date<\/strong>: Friday, December 13, 2024<\/li>\n\n\n\n<li><strong>Cut-off Time for UPI Mandate Confirmation<\/strong>: 5 PM on December 13, 2024<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-regular-font-size\"><strong>Post-IPO Events:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Basis of Allotment Finalization<\/strong>: Monday, December 16, 2024<\/li>\n\n\n\n<li><strong>Initiation of Refunds<\/strong>: Tuesday, December 17, 2024<\/li>\n\n\n\n<li><strong>Credit of Shares to Demat Accounts<\/strong>: Tuesday, December 17, 2024<\/li>\n\n\n\n<li><strong>Listing Date<\/strong>: Wednesday, December 18, 2024<\/li>\n<\/ul>\n\n\n\n<p class=\"has-larger-font-size\"><strong>About MobiKwik<\/strong><\/p>\n\n\n\n<p>The founders of MobiKwik, <strong>Bipin Preet Singh<\/strong> and <strong>Upasana Taku<\/strong>, have been instrumental in shaping the company since its inception in 2009. Singh&#8217;s technical background and entrepreneurial vision laid the foundation for MobiKwik as a key player in India&#8217;s digital payment ecosystem. Let me know if you&#8217;d like more details about their journey or the company&#8217;s growth!<br><br>1. <strong>Digital Wallet<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Users can add money to a digital wallet for seamless payments.<\/li>\n\n\n\n<li>The wallet can be used for various purposes like online shopping, bill payments, and peer-to-peer transfers.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-regular-font-size\">2. <strong>Loans<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Offers personal loans of up to \u20b92,00,000.<\/li>\n\n\n\n<li>Quick approval process, with funds disbursed directly to the user&#8217;s account.<\/li>\n\n\n\n<li>Flexible repayment options tailored to user needs.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-regular-font-size\">3. <strong>Investments<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Digital Gold<\/strong>: Enables users to purchase, sell, and store gold digitally.<\/li>\n\n\n\n<li><strong>Mutual Funds<\/strong>: Facilitates investment in diverse mutual fund options.<\/li>\n\n\n\n<li><strong>Fixed Deposits (FDs)<\/strong>: Provides access to secure, interest-earning deposit schemes.<\/li>\n\n\n\n<li><strong>Peer-to-Peer (P2P) Lending<\/strong>: Allows users to lend money directly to borrowers and earn returns.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-regular-font-size\">4. <strong>Pocket UPI<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Offers a unique feature where users can perform UPI transactions without needing a linked bank account.<\/li>\n\n\n\n<li>Ideal for those looking for a quick and convenient payment solution.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-regular-font-size\">5. <strong>Credit Score<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Users can check their credit score for free every month.<\/li>\n\n\n\n<li>Helps users monitor their financial health and eligibility for loans or credit cards.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-regular-font-size\">6. <strong>Bill Payments<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Supports payment of utility bills like electricity, water, gas, and mobile recharges.<\/li>\n\n\n\n<li>Also includes options for paying insurance premiums and broadband bills.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-regular-font-size\">7. <strong>Online Shopping<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Users can shop at partnered e-commerce platforms and physical stores.<\/li>\n\n\n\n<li>Provides offers and discounts exclusive to MobiKwik users.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-regular-font-size\">8. <strong>Peer-to-Peer Payments<\/strong><\/h3>\n\n\n\n<p>Secure and instant transaction capability.<\/p>\n\n\n\n<p>Facilitates seamless UPI-based money transfers to friends, family, or businesses.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>This fresh issuance suggests that Mobikwik is likely aiming to fund its expansion, enhance technological capabilities, or meet general corporate expenses. Potential investors should carefully analyze the company&#8217;s financials, growth prospects, and the overall fintech market&#8217;s dynamics before subscribing.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.mobikwik.com\">https:\/\/www.mobikwik.com<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Mobikwik IPO, opening on Wednesday, December 11, 2024, is a significant event for the company, as it seeks to raise \u20b9572 crore through a fresh issue of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[179],"tags":[200,230,226,232,227,236,231,173,171,229,197,223,175,224,225,237,235,228,234,233,199,203],"class_list":["post-152","post","type-post","status-publish","format-standard","hentry","category-business","tag-bse","tag-digitalbankingplatform","tag-digitalfinance","tag-fintechgrowth","tag-fintechipo","tag-howtoinvestinmobikwikipo","tag-indianipos","tag-ipo2024","tag-ipoalert","tag-ipoinvestment","tag-ipopriceband","tag-iporeview","tag-ipowatch","tag-mobikwik","tag-mobikwikipo","tag-mobikwikipolisting","tag-mobikwikiposubscriptiondates","tag-mobikwikpublicoffering","tag-mobikwikshareprice","tag-mobikwikshares","tag-nse","tag-stockmarket"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/rautsharvari.co.in\/index.php?rest_route=\/wp\/v2\/posts\/152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rautsharvari.co.in\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rautsharvari.co.in\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rautsharvari.co.in\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rautsharvari.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=152"}],"version-history":[{"count":1,"href":"https:\/\/rautsharvari.co.in\/index.php?rest_route=\/wp\/v2\/posts\/152\/revisions"}],"predecessor-version":[{"id":153,"href":"https:\/\/rautsharvari.co.in\/index.php?rest_route=\/wp\/v2\/posts\/152\/revisions\/153"}],"wp:attachment":[{"href":"https:\/\/rautsharvari.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rautsharvari.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rautsharvari.co.in\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}