The Moneyview IPO was subscribed 98.46 times, with investors bidding for 22,89,51,64,593 shares against 23,25,24,175 shares on offer, according to NSE data.
By CNBCTV18.com October 1, 2026, 10:06:21 AM IST (Published)
3 Min Read
Shares of digital lending platform Moneyview, backed by global investors including Accel, Tiger Global and Ribbit Capital, made a strong debut on the stock exchanges on Thursday, October 1.
The stock opened at ₹55 per share on the National Stock Exchange, representing a premium of 61.76% over the IPO issue price of ₹34 apiece.
On the BSE, the stock opened at ₹55.61 per share, a 63.56% premium to the issue price.
The Moneyview IPO was subscribed 98.46 times, with investors bidding for 22,89,51,64,593 shares against 23,25,24,175 shares on offer, according to NSE data.
The qualified institutional buyers (QIBs) portion was subscribed 227.45 times, while the non-institutional investors’ category was subscribed 115.41 times. The retail portion was subscribed 19.57 times.
Moneyview had fixed the price band for its initial public offering (IPO) at ₹32-34 per equity share. The issue was open for subscription from September 24 to September 28.
The IPO comprised 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, sold shares through the OFS.
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 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.
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, while revenue 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 were the merchant bankers managing the Moneyview IPO.
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