MobiKwik Establishes MSBPL as a Wholly Owned Subsidiary for Stock Broking.

Banking & Finance

In March 2025, Gurugram (Haryana)-based One MobiKwik Systems Limited (MobiKwik), a leading fintech company, expanded its financial services portfolio by incorporating a wholly owned subsidiary, MobiKwik Securities Broking Private Limited (MSBPL), following approval from the Ministry of Corporate Affairs (MOCA).


      - MobiKwik has set an initial paid-up share capital of Rs. 1 lakh for MSBPL and plans to invest an additional Rs. 2 crore in phases. With 100% ownership, MobiKwik will have complete operational control.

     

     

Main Point :-   (i) MSBPL will function as a securities broking firm, focusing on trading in shares, stocks, securities, debt instruments, commodities, currencies, and derivatives.

      (ii) This strategic expansion aims to enter the stock broking and derivatives trading business, positioning MobiKwik alongside established players in the sector.


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