Share of One Mobikwik Systems rose nearly 8 percent after a block deal of Rs118 crore, on December 26.
In a block deal window, 2.4 percent of equity was exchanged at an average of Rs 635 per share.
The shares of Mobikwik have closed at Rs 652 apiece from the last trading session closing price.
About One Mobikwik Systems
Founded in 2009, One Mobikwik Systems is a leading fintech platform operator, providing a two-sided payment platform network.
The company offers two types of services 1) consumer- utility bill payments, online/ offline purchases, money transfer, UPI payments, and others.
2) B2B Payment Gateway – Zaakpay,
It has received RBI approval for its Payment Aggregator(PA) business.
Mobikwik Share Price: Peer Competitors
Mobikwik key competitors in the payments, lending, and investment segments-
- Phonepe
- Paytm
- Airtel Payments Bank
- Freecharge
- Amazon Pay