One Mobikwik Systems share price surged as much as 10.47 per cent to ₹271.25 on NSE in Thursday’s trading session after a block deal worth 8.98 per cent equity—valued at ₹168 crore—took place on Thursday, June 26.
One MobiKwik Systems shares opened initially in red at ₹230.70 apiece on June 26, as compared to previous close of ₹245.55. However, the stock climbed more than 10 per cent, touching an intraday high to ₹281.15 at 11:15 am.
One Mobikwik Systems block deal details
According to media reports, Net1 Applied Technologies Netherlands BV, a subsidiary of South Africa’s Net1 UEPS Technologies, was planning to sell approximately 8 percent of its stake in the company.
The block deal was likely to be offered at a discount of up to 8.4 percent from the stock’s previous closing price, suggesting an effort to trim its investment in the firm.
As per Moneycontrol report, Net 1 Applied Technologies invested $40 million (approximately ₹268 crore) in Mobikwik in 2016 as part of a strategic collaboration that included integrating its virtual card technology with the Indian digital payments platform.
Mobikwik had a strong stock market debut in December 2024, listing at a 58% premium over its IPO price of ₹279. However, the stock has since declined by more than 60% from its post-listing high of ₹698. The mandatory six-month lock-in period for pre-IPO investors expired on June 18.
One Mobikwik Systems Q4 results 2025
MobiKwik’s net loss expanded significantly in the March quarter, reaching ₹56 crore, compared to a loss of just ₹67 lakh in the same period last year.
The company’s revenue saw a modest year-on-year increase of 2.6%, while its Payments Gross Merchandise Value (GMV) surged 2.3 times from the corresponding quarter a year ago.
Despite the growth in GMV, MobiKwik reported an EBITDA loss of ₹45.8 crore, primarily due to reduced contribution margins.
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