Abu Dhabi Investment Authority on Monday exited One MobiKwik Systems by divesting its entire 2.10% in the fintech firm for Rs 39 crore through an open market transaction.
According to the bulk deal data available on the NSE, ADIA offloaded a little over 16.44 lakh equity shares, representing a 2.10% stake in Gurugram-based One MobiKwik Systems.
The shares were disposed of at an average price of Rs 238.45 apiece, taking the deal value to Rs 39.21 crore.
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Meanwhile, BofA Securities Europe SA and SI Investments Broking Pvt Ltd bought a total of 9 lakh shares or 1.15% stake in One MobiKwik Systems, a combined transaction value of Rs 22.12 crore.
The shares were acquired in the price range of Rs 243.61-248.42 per piece.
Details of the other buyers of One MobiKwik Systems' shares could not be ascertained on the exchange.
Shares of One MobiKwik Systems climbed 8.12% to close at Rs 237.74 apiece on the NSE.
Last month, One MobiKwik Systems reported its consolidated loss widening to Rs 41.9 crore in the June quarter compared to a loss of Rs 6.6 crore in the same period last year.
Its revenue from operations stood at Rs 271.3 crore, a 20.7% decline from Rs 342.2 crore in Q1 FY25. Seen sequentially, losses narrowed from Rs 56 crore in Q4 FY25, while revenue saw an uptick of 1.3%.
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