Moneyview IPO: Price band set at ₹32-34; issue to open on September 24


Digital lending platform Moneyview, backed by global investors including Accel, Tiger Global and Ribbit Capital, has fixed the price band for its initial public offering (IPO) at ₹32-34 per equity share. The IPO will open for subscription on September 24 and the company aims to raise ₹1,091.61 crore through the public issue.

Investors can bid for a minimum of 441 shares and in multiples thereof. At the upper end of the price band, Moneyview will have an implied market capitalisation of ₹5,984.79 crore.

The anchor investor portion will open on September 23, while the public issue will remain open until September 28.

The company recently reduced the overall issue size. The IPO comprises a fresh issue of ₹750 crore and an offer-for-sale (OFS) of up to 10.04 crore equity shares by promoters and existing investors, according to the red herring prospectus (RHP) filed on September 20.

Founders and promoters Puneet Agarwal and Sanjay Aggarwal, along with investors including Accel, Tiger Global Management, Ribbit Capital, DI Investment and Crimson Winter, will be selling shareholders in the OFS.

Of the total issue size, 50% has been reserved for qualified institutional buyers (QIBs), 15% for non-institutional investors (NIIs) and the remaining 35% for retail investors.

Moneyview operates as a digital financial services platform, connecting users with banks, non-banking financial companies (NBFCs), insurers and other financial institutions. As of June 2026, the company had 14.03 crore registered users and 48 financial partners integrated into its network.

The company launched personal loans in partnership with lending institutions in FY17. It commenced on-balance-sheet lending through its material subsidiary Whizdm Finance (WFPL) in FY20 and has since expanded into categories including insurance, credit cards, digital gold, payments and earned wage access.

Accel was the largest shareholder in Moneyview as of September 20, with a 21.89% stake, followed by Tiger Global Group through Internet Fund III with a 13.79% stake. Promoter Sanjay Aggarwal held a 10.33% stake, while Ribbit Capital and Puneet Agarwal held 10.2% and 8.66%, respectively.

Moneyview will use ₹325 crore from the net fresh issue proceeds to drive growth in loan disbursals under default loss guarantee (DLG) arrangements. Another ₹250 crore will be invested in Whizdm Finance to augment its capital base, while the remaining proceeds will be used for general corporate purposes.

On the financial front, Moneyview’s profit rose 158.8% year-on-year to ₹173.8 crore in the quarter ended June 2026, from ₹67.15 crore in the year-ago period. Revenue from operations grew 50.2% to ₹1,041.1 crore from ₹693 crore.

For FY26, however, profit increased 1% to ₹242.7 crore from ₹240.3 crore in the previous fiscal. Revenue during the year rose 43.3% to ₹3,351.2 crore from ₹2,339.1 crore.

Axis Capital, BofA Securities India, IIFL Capital Services and Kotak Mahindra Capital Company are the merchant bankers managing the Moneyview IPO.

The IPO share allotment is expected to be finalised on September 29, with trading in Moneyview shares scheduled to begin on October 1.



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