Archive · 26 Jun 2025
MobiKwik Shares Surge on Block Deal News
MobiKwik's stock price went up after a big sale of shares called a block deal.
A company named Net1, which owns part of MobiKwik, decided to sell about 8% of its shares.
The block deal was likely offered at a lower price than the current market price.
In the meantime, MobiKwik had a loss of ₹56 crore in the recent quarter, even though the volume of transactions increased.
MobiKwik shares surged up to 10.47% on Thursday.
A block deal worth 8.98% equity took place on June 26.
Net1 Applied Technologies, a subsidiary of Net1 UEPS Technologies, planned to sell approximately 8% stake.
The block deal was likely offered at a discount.
MobiKwik's net loss expanded to ₹56 crore in the March quarter.
- Who
- Net1 Applied Technologies and One MobiKwik Systems.
- What
- A block deal involving approximately 8% equity of One MobiKwik Systems took place.
- When
- The block deal occurred on Thursday, June 26.
- Where
- On the stock market.
- Why
- Net1 likely sought to reduce its investment in MobiKwik.
Shareholder Outlook
Market Perspective
Investment Strategy
Shareholder Outlook
Investors may view the block deal as an opportunity for share acquisition.
Market Perspective
Others may see the deal as an adjustment in ownership.
- Share Price Increase
- Up to 10.47%
- Block Deal Equity
- 8.98%
- Net1 Stake
- Approximately 8%
- MobiKwik Q4FY25 Loss
- ₹56 crore
- MobiKwik Q4FY25 Revenue Increase
- 2.6%
Sources
MobiKwik shares in focus ahead of large block deal; Stock remains below IPO price
Block deals today: PB Fintech, Delhivery, MobiKwik shares react as equity changes hands
Net1 Applied Technologies to exit MobiKwik via block deal: Report; stock surges over 12%
