Mobikwik DRHP: 5 Key Differences From 2021 to 2024

Jan' 24: INR 140 Cr July'21: INR 400 Cr

Pre IPO Placement

Jan' 24: No Offer For Sale July'21: INR 400 Cr Equity

Offer For Sale

Jan' 24: INR 700 Cr Equity July'21: INR 1500 Cr Equity

Fresh Issue

July'21: Investments in AI, Payment devices, payment services, financial Services, and general corporate purpose

Proceeds Split

Jan'24: Organic growth initiatives, customer and merchant acquisition, retention, collateral to BNPL lending partners, regulatory capital, others. 

Proceeds Split

Decoding IPO-Bound MobiKwik’s Business Strategy Shift From 2021 To 2024.