One MobiKwik Systems climbs after getting RBI nod for Payment Aggregator-Physical license

Mumbai, May 27 (Udaipur Kiran): One Mobikwik Systems is currently trading at Rs. 198.85, up by 7.60 points or 3.97% from its previous closing of Rs. 191.25 on the BSE.

The scrip opened at Rs. 191.25 and has touched a high and low of Rs. 205.60 and Rs. 191.25 respectively. So far 229820 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 333.95 on 08-Sep-2025 and a 52 week low of Rs. 151.95 on 30-Mar-2026.

Last one week high and low of the scrip stood at Rs. 243.45 and Rs. 182.40 respectively. The current market cap of the company is Rs. 1568.70 crore.

The promoters holding in the company stood at 25.08%, while Institutions and Non-Institutions held 8.32% and 66.60% respectively.

One Mobikwik Systems (MobiKwik) has received an in-principle approval for its Payment Aggregator – Physical (PA-P) license from the Reserve Bank of India (RBI), enabling the company to deepen its offline merchant payments business across India. The approval marks an important milestone in MobiKwik’s evolution as a full-stack fintech platform serving consumers and merchants through payments and financial services.

MobiKwik already supports a network of 4.9 million merchants through offerings such as UPI QR, Soundbox and EDC machines. The Company has identified small businesses, oil & gas outlets, and organised retail as its three strategic focus segments over the next 18-24 months, with an ambition to materially expand its market share across each. It aims to significantly ramp up Soundbox and EDC deployments to meet its stated goal of 10x growth in merchant business by FY28.

The PA-P license means that the company has the right foundation in place for consistent, long term business compounding. It strengthens the company’s ability to build compliant, secure and scalable payment acceptance infrastructure for offline commerce in partnership with Banks. The Group had also received the Payment Aggregator – Online (PA-O) license through its subsidiary Zaakpay around a year ago, strengthening its omnichannel merchant payments capabilities across both online and offline commerce.

One Mobikwik Systems is a platform business at its core, that has a two-sided payments network, consisting of consumers and merchants.

BREAKING NEWS:
Get 365-day plans under ₹2000 before price hike! IPL 2026: Vaibhav Sooryavanshi Leads in Sixes! Rajasthan Royals lose despite Sooryavanshi’s fiery innings: Key culprits!