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2 clusters · 3 sources · 4 days · First seen · Last updated

Moneyview initial public offering

Overview

Moneyview, a Bengaluru-based digital financial services platform, launched a ₹1,092-crore initial public offering (IPO) consisting of a ₹750 crore fresh issue and an offer for sale of approximately ₹341.7 crore.

By the second day of bidding, the IPO reached a 3.55x subscription rate, driven largely by non-institutional investors (NIIs) who subscribed to their portion 7.77x. At that stage, retail investors had subscribed 3.67x, while qualified institutional buyers (QIBs) stood at 0.09x.

On the final day of bidding, the issue saw massive oversubscription, totaling more than 10 times the available shares. Demand was particularly high among non-institutional investors, with reports indicating subscription rates between 30.09 and 69.33 times. QIBs and retail investors also showed heavy participation, with QIBs oversubscribed 27.55 times and retail investors 13.74 times. The company, which reported a consolidated net profit of ₹173.8 crore for the June 2026 quarter, is scheduled to list on the NSE and BSE on October 1, 2026.

Entities

BSE · Moneyview · NSE · Sanjay Aggarwal · National Stock Exchange

Timeline

  1. [BUSINESS] 2 sources
    Moneyview IPO sees massive oversubscription on final bidding day

    Digital lender Moneyview’s ₹1,092-crore IPO saw massive demand, oversubscribed by over 10 times on its final day, driven largely by non-institutional investors ahead of its October 1 listing.

  2. [BUSINESS] 2 sources
    Moneyview IPO reaches 3.55x subscription by second day of bidding

    Moneyview’s ₹1,092 crore IPO reached 3.55x subscription by day two, driven by strong demand from non-institutional investors. The fintech firm seeks to list on Indian exchanges on October 1.

Sources

hindi.business-standard.com · inc42.com · newsbytesapp.com