Gurugram, February 24, 2026 (IST) – One MobiKwik Systems Limited (NSE: MOBIKWIK | BSE: 544305) has received approval from BSE Limited to commence stock broking operations through its wholly owned subsidiary, Mobikwik Securities Broking Private Limited (MSBPL), marking its formal entry into the equity broking segment.
The company informed exchanges that MSBPL has been approved for commencement of business as a Trading Member on BSE Limited, with the intimation received on February 23, 2026 at 17:34 PM IST.
BSE Platform Activation from February 24
According to the company’s press release, BSE has enabled MSBPL on its platform with effect from February 24, 2026, allowing the subsidiary to initiate full-fledged stock broking operations.With this approval in place, MSBPL is authorized to undertake activities including:
- Buying and selling of equity securities
- Dealing in listed stocks
- Clearing and settlement of equity trades
Management Commentary
Commenting on the development, Upasana Taku, Executive Director, Co-founder and CFO of MobiKwik, described the approval as a pivotal step in the company’s transition toward becoming a scaled financial services platform.She noted that retail investor participation in India has grown significantly and said the company aims to simplify investing for first-time market participants while continuing to expand financial inclusion through responsible product offerings.
Strategic Expansion into Capital Markets
The stock broking launch strengthens MobiKwik’s push beyond digital payments into a broader suite of financial services. Through its platform, the company already offers:- MobiKwik Wallet
- UPI and Pocket UPI
- Zaakpay payment gateway
- Credit products such as ZIP EMI and MCA
- Investment products including Fixed Deposits, Mutual Funds, Digital Gold, and Lens.AI
The entry into broking is expected to deepen user engagement by integrating investing capabilities within its existing digital ecosystem.
Timeline of Subsidiary Formation and Approval
The company had earlier incorporated Mobikwik Securities Broking Private Limited as a wholly owned subsidiary in March 2025. It subsequently received stock broking registration in July 2025, followed by the latest operational clearance from BSE, completing the phased rollout of its broking business.About the Company
One MobiKwik Systems Limited is a listed digital financial services platform headquartered in Gurugram, Haryana. Founded in 2009 by Bipin Preet Singh and Upasana Taku, the company operates one of India’s largest digital wallet platforms and offers a diversified portfolio spanning payments, credit distribution, and investment products. It is listed on both the NSE and BSE under the symbol MOBIKWIK and scrip code 544305.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.