Mobikwik Share Price Surges 9% Following Latest Update, Posts 13% Gain in One Month

MobiKwik Systems Share Price Rallies 9% Following BSE Approval

Key Highlights

• ₹222.42: MobiKwik Systems' share price rallied 9% in Tuesday's trading session.
• BSE: The company's wholly owned subsidiary, One MobiKwik Systems, has received approval from the Bombay Stock Exchange (BSE) to commence its stock broking business.
• February 24, 2026: The BSE has activated the entity on its platform, allowing the company to begin broking activities.

Stock Broking Business Details

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MobiKwik Systems' wholly owned subsidiary, One MobiKwik Systems, has secured approval from the BSE to launch its stock broking business. The BSE has activated the entity on its platform with effect from February 24, 2026, following the stock broking licence granted by the Securities and Exchange Board of India in July 2025. With this clearance, the company can now begin broking activities on the BSE, covering equity trade execution, buying and selling, as well as clearing and settlement services.

Financial Performance

• 186.6 million: Registered customers
• 4.79 million: Merchants
• 18%: Share of the prepaid payment instrument (PPI) wallet gross transaction value market as of December 2025
• ₹354.40: 52-week high on March 19, 2025
• ₹190.62: 52-week low on January 27, 2026

Share Price Trend

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• 13%: Rise in share price over the past month
• 6.45%: Decline in share price over the past six months
• 7.59%: Year-to-date (YTD) decline since the start of 2026
• 31.64%: Decline in share price over the past year
• 56.43%: Decline in share price since its listing level in December 2024