Mobikwik shares in focus as IPO lock-in expiry frees up stake worth Rs 317 crore for trade

The lock-in expiry on Mobikwik shares has freed up approximately Rs 317 crore worth of stock for trading at the previous close of Rs 198.25 per share on BSE, creating potential supply overhang. The fintech stock had debuted at a 59% premium in December 2024 but has since fallen over 78% from its all-time high of Rs 698, though it recovered about 30% from its March low of Rs 151.95. In Q4 FY26, Mobikwik reported a net profit of Rs 4.38 crore compared with a Rs 56 crore loss a year ago, with revenue up 8% at Rs 289 crore and EBITDA margin improving to 3.5% from negative 21%.