MobiKwik’s shares decline by 5%, after gaining 48% from September 1

One MobiKwik Systems, the parent company of MobiKwik saw its shares decline in today’s trading session, with the stock price coming down to ₹309 from its previous closing of ₹325.29.

As per NSE data, 104.82 lakh of shares were traded in terms of volume, with a buy quantity of 3,53,974, and sell quantity of 9,07,838. Around ₹328.10 crore was traded in terms of value.

MobiKwik had seen a surge in its share price since the announcement of Abu Dhabi Investment Authority (ADIA), a key shareholder in the payments solutions provider, exiting the company via block deals on September 1.

As per information available, ADIA offloaded 16.44 lakh MobiKwik shares (2.1% equity) via a block deal worth ₹39.21 crore at an average price of ₹238.45 apiece.

MobiKwik’s shares surged by 48% from the start of the month, including yesterday’s 14% advancement through the day. The fintech company’s current share price is down by 55.5% from its 52-week high (hit on 26-Dec-2024) of ₹698.30. The stock had hit its 52-week low of ₹219.20 on 29-August, 2025.

The fintech company’s IPO size was ₹572 crore, consisting of all of 2.05 crore equity shares as fresh issue. As per data available on the BSE website, One MobiKwik Systems Limited’s issue price was ₹279, while its listing price was at a premium of ₹251.30, at ₹530,30. The current share price is now below 41.7% its listing price at ₹309.

The market capitalisation of MobiKwik stands at ₹2,417.95 crore, slipping down from yesterday’s m-cap of ₹2540 crore. The fintech firm posted a 32% quarter-on-quarter (QoQ) growth in EBITDA and rose by 22% in contribution margin for the June quarter. Payments Gross Merchandise Value (GMV) hit a historic high of ₹384,000 crore, up 53% year-on-year (YoY), while gross margin in the payments business rose to 28%, compared to 16% in Q1 FY25.