One Mobikwik Systems Limited — Capital/Financing Update 2025

Feb 21, 2025

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Date: February 21, 2025

To,
National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra Kurla Complex Bandra (E), Mumbai – 400 051	BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001
Symbol: MOBIKWIK	Scrip Code: 544305

Sub: Disclosure under Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”)

Dear Sir/Ma’am,

Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, it is hereby informed that One MobiKwik Systems Limited (hereinafter referred as ‘Company’) is acquiring 3.39% of the share capital (on fully diluted basis) of Blostem Fintech Private Limited (hereinafter referred as ‘Blostem’). The details of the transaction are enclosed as Annexure ‘A’.

Kindly take the above information on record.

Thanking you

For One MobiKwik Systems Limited

Digitally signed Ankita by Ankita Sharma Sharma Date: 2025.02.21 12:12:03 +05'30'

Ankita Sharma

Company Secretary and Compliance Officer Membership No.: A37518

ONE MOBIKWIK SYSTEMS LIMITED

Registered Office: Unit No. 102, 1[st] Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, Haryana-122003, India. Ph: +91 (124) 490-3344 | CIN: U64201HR2008PLC053766 | www.mobikwik.com

Annexure A

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S. No.	Particulars	Details
1.	Name of the target entity, details in brief such as size, turnover etc.	Name - Blostem Fintech Private Limited (‘Blostem’) Registered Office - 8A/37G, GF, Plot No.-37G Block No.-8A, W.E.A Karol Bagh, Central Delhi, Delhi - 110005. Blostem is engaged, interalia, in a business of B2B banking infrastructure platform. The website https://blostem.com/ The total turnover of Blostem for the financial year ended March 31, 2024 was Rs. 30.76 Lakhs.
2.	Whether the acquisition would fall within related party transaction (s) and whether the promoter/ promoter group/ group companies have any interest in the entity being acquired? If yes, nature of interest and details thereof and whether the same is done at “arm’s length”.	No
3.	Industry to which the entity being acquired belongs.	Fintech
4.	Objects and effects of acquisition (including but not limited to, disclosure of reasons for acquisition of target entity, if its business is outside the main line of business of thelisted entity).	Nil
5.	Brief details of any governmental or regulatory approvals required for the acquisition.	Not required
6.	Indicative time period for completion of the acquisition.	By February 28, 2025
7.	Nature of consideration – whether cash consideration or share swap and details of the same.	Cash Consideration

ONE MOBIKWIK SYSTEMS LIMITED

Registered Office: Unit No. 102, 1[st] Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, Haryana-122003, India.

Ph: +91 (124) 490-3344 | CIN: U64201HR2008PLC053766 | www.mobikwik.com

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8.	Cost of acquisition or the price at which the shares are acquired.	The Company intends to invest a total of INR 1,49,91,640 crores for 3.39% equity shares of Blostem in second tranche of the Share Subscription and Shareholders’ Agreement dated March 13, 2024 The Company had entered into Share Subscription and Shareholders’ Agreement dated March 13, 2024 with Blostem, wherein the Company agreed to invest in the equity shares of Blostem for an amount of INR 3,00,11,890/- in two tranches. The first tranche of INR 1,50,20,250/- was paid in the month of March, 2024 for 3.40% of the fully diluted paid-up capital of Blostem. The details of such investment were disclosed in the Financials Statements forming part of the Offer Documents submitted for the purpose of Initial Public Offering of the Company.
9.	Percentage of shareholding / control acquired and / or number of shares acquired.	The aggregate shareholding of the Company, post completion is likely to be 6.79% of the share capital of Blostem on a fully converted and diluted basis.
10.	Brief background about the entity acquired in terms of products/line of business acquired, date of incorporation, history of last 3 years turnover, country in which the acquired entity has presence and any other significant information (in brief).	Blostemis a B2B banking infrastructure platform, founded in 2021, specializing in Fixed Deposit (FD) aggregation as its core offering. The company has built strategic partnerships with multiple banks and NBFCs, seamlessly integrating their financial products through robust API solutions. Blostem’s Plug-and-Play technology stack empowers B2C platforms across diverse sectors to efficiently distribute banking products. By leveraging its cutting-edge infrastructure, Blostem enables financial institutions, B2C platforms, and Super Apps to offer scalable and seamless financial products to end customers. The Company reported revenue for year ended March 2024 was INR 30.76 Lakh. The company has operations across India.

ONE MOBIKWIK SYSTEMS LIMITED

Registered Office: Unit No. 102, 1[st] Floor, Block-B, Pegasus One, Golf Course Road, Sector-53, Gurugram, Haryana-122003, India. Ph: +91 (124) 490-3344 | CIN: U64201HR2008PLC053766 | www.mobikwik.com