Upasana Taku, co-founder and executive director of fintech MobiKwik, has bought 1.07 lakh shares of the company for about ₹2.12 crore through open-market purchases, according to a stock exchange filing on Wednesday. Taku bought the shares in two tranches - 52,000 shares on September 28 for ₹1.04 crore and another 55,000 shares on September 29 for ₹1.09 crore, as disclosed under the Securities and Exchange Board of India's (Sebi's) insider trading rules. The average purchase price was approximately ₹198 and ₹199 per share respectively. Both transactions were executed on the National Stock Exchange (NSE).
The purchases have increased Taku's total holding to 80.65 lakh shares, up from 79.58 lakh shares, bringing her stake in MobiKwik to 10.24% from 10.11% earlier, according to the latest regulatory filing. Following the acquisition, her total holding in the company stands at 8,064,670 equity shares. In a letter enclosed with the disclosure, Taku stated that she has purchased an aggregate of 294,177 equity shares since the company's initial public offering (IPO) in December 2024. This comprises 187,177 shares acquired in December 2025 and 107,000 shares bought in September 2026.
MobiKwik Systems shares closed at ₹196.32 on the NSE, representing a 0.72% increase from the previous day's close of ₹194.93. The stock has been among the most actively traded securities on the National Stock Exchange. As of June 30, 2026, the promoter held 25.08% stake in the company, with no pledging of shares. Foreign institutional investors' holdings increased to 4.48% from 4.24% in March 2026, while domestic institutional investors' holdings decreased to 3.52% from 4.07% during the same period.
