<ul data-eligibleForWebStory="true"><li>Shares of MobiKwik dropped by 9.8% to INR 243 as lock-in period for pre-IPO shareholders ended.</li><li>3.8 Cr shares previously under lock-in are now tradable, causing the stock to close at INR 245.70, down 8.7% from the previous day.</li><li>MobiKwik shares have decreased by nearly 12% compared to its IPO issue price of INR 279.</li><li>The decline followed a Finance Ministry denial regarding imposing MDR on UPI transactions over INR 3,000, deemed speculative and baseless.</li><li>Fintech sector advocates for MDR on UPI transactions to boost revenue streams.</li><li>MobiKwik CEO anticipates new revenue streams with potential MDR on UPI transactions.</li><li>MobiKwik's net loss surged to INR 56.03 Cr in Q4 FY25 as compared to INR 67.1 Lakh in the previous year.</li><li>Operating revenue slightly increased to INR 267.78 Cr in Q4 FY25 from the prior year's INR 264.98 Cr.</li><li>Major losses stemmed from the lending vertical, leading financial services revenue to decrease from INR 73 Cr to INR 56 Cr.</li><li>MobiKwik aims to introduce new services to boost revenue, expecting a rise in payment revenue post the introduction of Pocket UPI.</li></ul>

MobiKwik Shares Crash 10% As Lock-In Period Ends

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