(i) They are a fintech company – one of the largest mobile wallets (MobiKwik Wallet) and Buy Now Pay Later (“BNPL”) players in India, based on mobile wallet gross merchandise value (“GMV”) and BNPL GMV, respectively, in Fiscal 2021. According to the RedSeer Report, India’s online transacting users has rapidly grown at a CAGR of approximately 15% from 180 million in Fiscal 2018 to over 250 million in Fiscal 2021. However, India had only 30-35 million unique credit card users resulting in a low credit card penetration of 3.5% compared to the world’s major economies, as of March 31, 2021. They are focused on addressing the unmet credit needs of these fast growing online transactors by combining the convenience of everyday mobile payments with the benefits of Buy Now Pay Later (BNPL).
(ii) They are a technology-first company operating in payments and financial services. They leverage big data analytics and deep data science (including machine learning) to continuously delight users and merchants on their platform.
(iii) They commenced operations in 2009 with the MobiKwik Wallet so that users could load money into a mobile wallet and use it to pay their utility bills in a single click. Over the years, their mobile wallet use cases have expanded to include, among others, ecommerce shopping, food delivery, petrol pumps, large retail chains and pharmacies. Their large merchant network includes websites and mobile apps, where the MobiKwik Wallet is a payment option in the checkout as well as physical retail stores, where the MobiKwik Wallet is a QR code payment option at the point-of-sale (“POS”)/ cashier. Their platform also enables peer-to-peer payments via unified payment interface (“UPI”), MobiKwik Wallet as well as MobiKwik Wallet to bank payments. As of March 31, 2021, their Company had over 101.37 million Registered Users and more than 3.44 million ecommerce, physical retail and biller partners.
(iv) In order to further enhance their value proposition to their online merchants, they introduced their payment gateway, Zaakpay, in 2012. Zaakpay enables online websites and mobile apps to collect payments from their users using multiple payment options, including debit and credit cards, mobile wallets, UPI and net banking.
|Face Value:||₹ 2 Per Equity Share|
|Lot Size:||25 Shares|
|Current Unlisted Share Price:||₹ 400 Per Equity Share|
|Particulars (in Cr.)||FY22||FY21||FY20||FY19|
Please find below the procedure for buying Mobikwik Unlisted Shares at UnlistedZone.
Please find below the procedure for selling Mobikwik Unlisted Shares at UnlistedZone.
Lock-in period of Mobikwik Unlisted Shares depends upon category of investors.
DIS - Delivery Instruction Slip is the way through which an investor can sell or transfer the Mobikwik Unlisted Shares from his/her demat account to any other demat account. There are two Types of DIS Slip.
In the last 4-5 years, the unlisted share market has become quite big and as a result of that, the ticket size has reduced from usual 5-10 Lac to 35-50k in today's scenario. So, via our UnlistedZone platform, if somebody wants to buy Mobikwik Unlisted Shares then minimum investment would be 35-50k.
Yes, buying and selling of unlisted shares in India is 100% legal.
If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 20% with indexation benefits.
After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
If you buy Mobikwik Unlisted Shares from UnlistedZone then these shares can checked in two ways. However, before we tell you the process of checking of shares, it is intimated that as per SEBI regulations, the shares can be transferred in demat account only.
Check credit of Mobikwik Unlisted Shares Instantly?
The Mobikwik Unlisted Shares are credited in demat account same day of transferring funds in our company's bank account.
The price of Mobikwik Unlisted Shares can be checked in two ways. First, you can join our telegram channel where on daily basis we share the latest prices of all the unlisted shares in the morning and secondly, you can register on UnlistedZone.live platform to see the historical graphs and prices of all the shares at one place.
If you see the thesis of investment in the unlisted shares then it is being done mainly to take the advantage of IPO market. And, if the IPO plans of company get delayed due to market conditions or any other reason then demand suddenly drops in the market. The unlisted market works mainly on demand and supply and if there is no IPO news then getting exit would be difficult.
"UnlistedZone is India's fastest and leading marketplace to buy and sell unlisted shares. In the last 3 years, we have already served more than 1 million users on the platform. The total transactions value done from the platform is already more than 100 Crores. The name of our Co-founders Mr. Umesh Paliwal and Dinesh Gupta publish regularly in leading newspapers like MoneyControl, Business-Standard, ET etc for their views on IPO and Unlisted market. In the last 3 years, UnlistedZone has made a good name for itself in the industry and gained a trust of their users. So, the new investors should not be worried about any kind of fraud that is mostly happens with unkown brokers in the market while doing investment with UnlistedZone."
We at UnlistedZone do the valuation based on 2 methods.
As an investor in the unlisted space, we would always recommend that you must check all the risk parameter carefully before investing in the unlisted space.
We source shares either from the employees or initial investors looking to liquidate their Mobikwik Unlisted Shares.
Pre-IPO shares means which are planning for an IPO in near future. So, all the shares which are traded on the platform are not Pre-IPO Shares. However, if the company's business is going good and then demand will always be there in the unlisted space, so even if the IPO does not come, the investors can easily liquidate their Mobikwik Unlisted Shares in the unlisted market itself.
Rules and regulations of SEBI are applicable in the Unlisted space like lock-in period of 6 months, paying of Stamp Duty, and DP Charges for every transaction etc. However, to become an unlisted broker there is no such regulation by SEBI as of yet.
For tracking news and other information about Mobikwik Unlisted Shares, one can visit our website wherein we post news and other information on daily basis and one can also join our telegram channel.