Apply Now Offer Price Rs.899 only. Use Coupon Code= intern899 Training Program Detail: Course Fee Rs.999 Course Duration 1 Month= 20 classes Timings Monday to Friday Training Modes Online & Classroom Training Program Description This externship is intelligently devoted to our passionate actors generally admitting and appreciating the very fact that they are on the trail of creating a career in the Data Science discipline. This Training is meant to make sure that also to gaining the needful theoretical knowledge, the compendiums gain sufficient hands- on practice of the word Data Science profession. relatively a training institute, the Training program is the right approach to prompt employment in Data Science. India is growing digitally every day. The demand for Data Science is growing big a day. The benefits of a knowledge Data Science Basic Training Program are in numerous, beginning with the chance to figure with professionals within the field, up to p...
One of first fintech company of India
IPO opening this quarter
Leading merchant transaction business
Ready to disrupt buy now pay later business
STRONG LEADERSHIP AND FOUNDINMG GROUP
Long term wealth creation
Incorporated in 2009, Mobikwik is a technology driven Fintech company and is among one of the largest mobile wallets (MobiKwik Wallet) and Buy Now Pay Later (BNPL) players in India.
Company's business operations are divided into three major segments:
BNPL - Consisting of MobiKwik Zip and Zip EMI which provides accessible and affordable small-ticket credit to middle-class Indians for daily payments as well as discretionary spending.
Consumer Payments - Consisting of MobiKwik Wallet which is a mobile payments app.
Payment Gateway - which includes Zaakpay, a payment gateway aggregator offering end-to-end payment solutions to online merchants.
The company is focussing on the fast-growing online payments market of India by providing everyday mobile payments and benefits of Buy Now Pay Later (BNPL) offerings. As of March 31, 2021, Mobikwik has over 101.37 million registered users and more than 3.44 million e-commerce, physical retail, and biller partners.
Competitive Strengths:
Strong synergy across business network benefiting all the parties.
Organic addition of majority of the users with low customer acquisition cost (CAC)
Strong consumer brand recognition and recall across the country
Technology-powered, Innovation Driven company.
Objects of the Issue:
Funding organic growth initiatives;.
Funding inorganic growth; and
General corporate purposes.
FINANCIALS
IPO-bound fintech firm Mobikwik is expecting to close the current financial year with 100 per cent revenue growth, a top company official said. Mobikwik chairperson and chief operating officer Upasana Taku told PTI that the company's initial public offer (IPO) is a monumental opportunity for the company and will not like to hit the market when it is behaving erratically but wait for the market condition to stabilise.
The company, which posted a narrowing of loss to Rs 111.3 crore and company has been doubling revenue every year since the last 4 years and has been controlling losses.
The company in its draft document for IPO mentioned that it was hit by the Covid-19 pandemic and the BNPL (Buy Now Pay Later) segment gross merchandise value decreased by 38.22 per cent to Rs 299.94 crore in 2020-21 from Rs 4,85.49 crore in 2019-20.
Business has now crossed to pre-Covid levels and the company has had good performance during the current financials.
WHO SHOULD INVEST IN IPO?
Aggressive investor with long term vision and very high risk appetite should invest in this IPO.
Conservative investors and short term investors should avoid this IPO due to bear and volatile market conditions due to interest hike and geo political tensions
Leveraging to invest in this ipo is not advisable since short term gain possibility is much less.
Company is yet to prove its path to profitability therefore fundamentals looks week.
Comments
Post a Comment