Shares of One MobiKwik Systems tumbled 6–8% on June 18, 2025, closing around ₹249—clearly below its ₹279 IPO price—as the six‑month lock-in for pre-IPO shareholders expired, freeing up approximately 3.8 crore shares for trading
📉 Key Factors Behind the Dip
- Lock-in expiry shock: With a large block of shares now tradeable, investors fear potential dump pressure
- Weak Q4 performance: The firm reported a ₹56 crore net loss in Q4 FY25 (up from ₹0.67 crore last year), raising profitability concerns
- Technical breakdown: The stock fell to a 52-week low, down 64% from its post-listing peak of ₹698, and breached key technical support levels, with analysts flagging further downside to ₹227 if momentum persists
📊 Current Metrics & Outlook
| Metric | Value |
|---|---|
| Current stock price | ~₹249 |
| IPO price | ₹279 |
| Post-listing high | ₹698 |
| YTD fall | ~58% |
| Unlocked shares | ~3.8 crore |
| Q4 FY25 net loss | ₹56 crore |
✅ Final Take
The expiry of MobiKwik’s lock-in period underscores a key challenge for IPOs—trading volume and valuation pressure can emerge as early investors become free to sell. Coupled with sizable reported losses, the stock now trades below its issue price, highlighting investor caution. Watch for further developments on quarterly performance and whether management can deliver a sustainable turnaround.
