The shares of One Mobikwik Systems will remain in focus on Thursday as nearly 1.6 crore shares worth more than Rs 317 crore will become eligible for trade after the IPO lock-in period expired today, according to Nuvama Institutional Equities.

However, it is important to note that the lock-in expiry does not imply that all these shares will be offloaded in the market immediately. It simply means that these shares can now be traded by the shareholders. At the previous closing price of Rs 198.25 apiece on BSE, the said number of shares freeing up for trade today is worth nearly Rs 317.20 crore.

The shares of the fintech platform had made a solid market debut in December, 2024, listing with nearly 59% premium over the IPO price at Rs 442.25 apiece on BSE. This came after the initial public offering (IPO) of the fintech platform that aimed to raise Rs 572 crore saw strong investor interest, being subscribed 119 times its offer size.

Also read: Solid start! MobiKwik shares list at 59% premium over IPO price

The stock sharply surged around 58% from the listing price to hit an all-time high of Rs 698 apiece in the same month. The shares of the fintech platform tumbled over 78% to hit a lifetime low of Rs 151.95 apiece in March this year.

The stock has made some recovery since then, rising over 30% to close at Rs 198.25 apiece on BSE on Wednesday. The company’s market capitalisation stood at Rs 1,561 crore.

Mobikwik in May reported a net profit of Rs 4.38 crore for the fourth quarter of FY26, compared with a net loss of Rs 56 crore posted in the corresponding quarter of the previous financial year. The company’s revenue from operations stood at Rs 289 crore, marking a jump of 8% from Rs 268 crore reported in the same quarter last year.

EBITDA for the March quarter stood at Rs 10 crore, compared with an EBITDA loss of Rs 56.5 crore in the year-ago period. EBITDA margin improved to 3.5% from negative 21% a year earlier.

The management said the quarterly results capped a transformational year driven by structural margin expansion in both Payments and Financial Services, along with a deliberate shift towards higher-quality lending.

Also read: One MobiKwik Systems Q4 Results