Posted on March 18, 2025, by Niftynews
The MobiKwik share price saw a remarkable surge of 8%, reaching ₹268 per share. This jump was driven by significant trading volumes across both the BSE and NSE, highlighting strong investor interest in the company. By 11:30 AM, more than 0.81 million MobiKwik shares, worth ₹21.27 crore, were traded on the BSE, while over 13.53 million shares, worth ₹355.92 crore, exchanged hands on the NSE.
MobiKwik Share Price Performance: Strong Recovery
The MobiKwik share price experienced a 7.91% increase to hit ₹268 per share during the day’s trading session. This rise came after a steep drop of nearly 15% in the previous session, the largest dip since MobiKwik’s IPO. The drop was attributed to the liquidation of shares by anchor investors following the expiration of the lock-in period. Despite the earlier decline, the current surge has reignited optimism among investors, with analysts closely monitoring the MobiKwik share price as it rebounds.
MobiKwik IPO Debut and Share Price Premium
MobiKwik made an impressive debut on Dalal Street in December 2024. The MobiKwik share price opened at ₹442.25 on the BSE, reflecting a 58.51% premium over the IPO price of ₹279. The company’s shares were similarly listed at ₹440 on the NSE, offering a 57.70% premium. Investors who participated in the IPO saw a significant profit, with the MobiKwik share price offering a gain of approximately ₹163.25 per share.
Financial Performance and Growth Strategy
MobiKwik’s financial results for the quarter ended March 2025 reflected mixed performance. The company reported a 7.3% quarter-on-quarter (Q-o-Q) decline in revenue, primarily due to a slowdown in its Buy Now Pay Later (BNPL) disbursals. Additionally, financial services revenue experienced a decline of 29% Q-o-Q. However, MobiKwik’s payment services showed resilience, growing by 4.7% Q-o-Q, which helped support the MobiKwik share price despite challenges in other areas.
Analysts from Dolat Capital have a positive outlook for MobiKwik’s growth, predicting strong future performance in its payments business. The company has expanded its offerings with Pocket UPI and Rupay Credit Cards, which are expected to drive growth. Moreover, new products like ZIP EMI (installment-based loans) and Wealth AUA have shown strong potential, leading analysts to remain bullish on the long-term MobiKwik share price.
Analyst Predictions for MobiKwik Share Price Growth
Despite some short-term challenges, analysts expect the MobiKwik share price to continue its upward trajectory. The growth in payment services and financial products is expected to drive the company’s future performance. Dolat Capital analysts have revised their price target for MobiKwik to ₹700, implying significant upside potential for investors. This forecast is based on the company’s expanding payment infrastructure, the increasing adoption of its financial products, and the deployment of IPO proceeds into growth strategies.
About MobiKwik
One MobiKwik Systems Ltd (OMSL), founded in 2009, has emerged as one of India’s leading financial technology companies. The company operates a two-sided payments network that connects 161.03 million registered users with more than 4.26 million merchants across the country. Through its platform, MobiKwik offers a variety of payment services, including merchant payment ecosystems, recharge and bill payments, and credit card bill payments.
In addition to payment services, MobiKwik has expanded into financial services, offering products like MobiKwik ZIP (an interest-free credit line), ZIP EMI (installment loans), and Merchant Cash Advances. The company’s ability to diversify its offerings has helped sustain the MobiKwik share price even as it faces challenges in the financial services sector.
MobiKwik Share Price Data: Latest Figures
- Current Share Price: ₹266.25 (up 7.21% at 11:43 AM)
- BSE Sensex: 75,054.34 (up 1.19%)
As of now, the MobiKwik share price remains a key point of interest for investors, especially as the company continues to strengthen its position in the digital payments and financial services market.
