Domestic alternative investment funds (AIFs) undertook heavy sell-offs in MobiKwik in Q4 FY26, following the fintech company’s maiden profitable quarter as a listed entity in December 2025.

As per MobiKwik’s shareholding data for the March quarter, domestic AIFs cumulatively cut their shareholding in the company by 50% to 5.61 Lakh shares (0.71% stake) from 11.12 Lakh shares (1.41%) held at the end of the December 2025 quarter. While three AIFs continue to be present on the company’s cap table, two have exited over the past three months.

As per public data, domestic AIF entities of investors like 360 One, SBI Funds and 3P Investment Managers had lapped up shares in the company during the anchor round of its IPO.

Meanwhile, foreign portfolio investors (FPIs) have increased their stake in the company. FPIs have cumulatively increased their holding by 33% to 33.42 Lakh shares (4.25% stake), from 25.02 Lakh shares(3.18% held) at the end of the December quarter.

While seven category I FPIs are invested in the company, only two category II FPI has backed MobiKwik.

During the quarter, cat I FPI Flc Investco, Llc increased its stake holding in the company to 9.15 Lakh shares (1.16% stake) while Government Pension Fund Global maintained its holding of 2.99% (23.55 Lakh shares) in the company from the December quarter.

Investor Sathyamoorthi Devarajulu exited the company via a bulk deal in February. The investor offloaded his entire holding of 9 Lakh shares (1.44% stake) via a bulk deal on February 24 for ₹19.7 Cr.

Besides these, the investor composition for MobiKwik remained largely unchanged.

The largest chunk of the company’s shares are held by retail investors, who commanded about 36% stake in the company at the end of the March quarter. However, these investors also sold about 3.31 Lakh shares in the company during the previous quarter.

Seven foreign companies, including Peak XV Partners, Cisco, American Express, have collectively maintained their holding of 11.84% in MobiKwik. Besides, ownership of corporate bodies also remained stable at 16.72%.

MobiKwik’s share prices were highly volatile amid the movement in its cap table. The stock fell by about 33% during the quarter, hitting an all-time low of ₹151.95 on March 30.

The fintech company turned profitable in the December quarter. It posted a consolidated net profit ₹4 Cr in (Q3 FY26) against a loss of ₹55.3 Cr in the same quarter last year. Meanwhile, its operating revenue grew 7% to ₹288.9 Cr in the December quarter from ₹269.5 Cr in Q3 FY25.

Pertinent to note that the company received the BSE’s nod to commence its stock broking business, in February, where Mobikwik Securities Broking Private Limited (MSBPL) has commenced its stock broking operations as a subsidiary of MobiKwik.

Shares of MobiKwik ended today’s trading session 3.5% higher at ₹208.05 on the BSE.

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