Moneyview IPO sees massive oversubscription on final bidding day

Moneyview, a Bengaluru-based digital financial services platform, has seen significant investor interest in its ₹1,092-crore initial public offering (IPO). On the final day of bidding, the issue was oversubscribed by more than 10 times, with total bids reaching over 242 crore shares against the 23.25 crore shares offered.

Non-institutional investors (NII) showed the highest demand, with one report indicating a subscription rate of 30.09 times, while another noted the NII quota was oversubscribed 69.33 times. Qualified institutional buyers (QIBs) and retail investors also participated heavily, with QIBs oversubscribed by 27.55 times and retail investors by 13.74 times.

The IPO, which features a price band of ₹32-₹34 per share, consists of a fresh issue of ₹750 crore and an offer-for-sale (OFS) component worth approximately ₹341.68 crore. Moneyview is scheduled to list on both the BSE and NSE on October 1. The company recently reported strong financial growth, with a consolidated net profit of ₹173.8 crore for the June 2026 quarter, up from ₹67.2 crore in the previous year.