MobiKwik CFO Upasana Taku buys 1.07 lakh shares for ₹2.1 crore
MobiKwik cofounder and chief financial officer Upasana Taku acquired 1.07 lakh shares of the company in September 2026 through two open-market transactions. The purchase raised her stake to 10.24% from 10.11% and cost ₹2.1 crore.
The shares were bought in tranches of 55,000 and 52,000 units. Since the firm's IPO in December 2024, Taku has now purchased a total of 294,177 equity shares. MobiKwik posted a consolidated net profit of ₹7.6 crore in Q1 FY27, reversing a loss of ₹41.9 crore a year earlier. Operating revenue edged up 3.7% to ₹281.5 crore in the same quarter.
“Since the company's IPO in December 2024, I have purchased a total of 2,94,177 equity shares, which includes 1,87,177 equity shares acquired in December 2025 and 1,07,000 equity shares acquired in September 2026,” Upasana Taku, Cofounder and CFO, MobiKwik said.
The stock has zoomed 26.6% in the past six months, but is still down 15.38% on a year-to-date basis. In May, it also received in-principle approval from the Reserve Bank of India (RBI) to operate as a payment aggregator‑physical (PA‑P) licence.
What we know
Upasana Taku purchased 1.07 lakh shares
She spent a cumulative sum of ₹2.1 crore
Her shareholding rose to 10.24% from 10.11%
Since the IPO she has bought 2,94,177 shares total
MobiKwik reported a consolidated net profit of ₹7.6 crore in Q1 FY27