Moneyview IPO
Grey Market Premium (GMP)
GMP applies before listing only. This IPO has listed — see Listing Performance below for the actual debut.
Subscription Status
| Category | Subscription |
|---|---|
| QIB | 230.54x |
| NII | 120.37x |
| sNII (₹2L–₹10L) | 86.72x |
| bNII (above ₹10L) | 137.19x |
| Retail (RII) | 20.41x |
| Total | 101.87x |
Bidding day 5 · final figures at close of bidding: 1 Oct 2026, 6:30 pm IST
IPO Details
- Open Date
- 24 Sept 2026
- Close Date
- 28 Sept 2026
- Listing Date
- 1 Oct 2026
- Face Value
- ₹1
- Fresh Issue
- ₹750 Cr
- OFS
- ₹341.68 Cr
- Listing On
- NSE, BSE
- Registrar
- —
The fresh issue is money for the company; the OFS goes to selling shareholders. Fresh issue vs offer for sale, explained
Lot Size & Application Amounts
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 441 | ₹14,994 |
| Retail (Max) | 14 | 6,174 | ₹2,09,916 |
| B-HNI (Min) | 67 | 29,547 | ₹10,04,598 |
Issue Reservation
| Investor category | Shares offered | % of issue |
|---|---|---|
| Anchor | 9,63,24,729 | 30% |
| QIB (ex-anchor) | 6,42,16,487 | 20% |
| NII | 4,81,62,366 | 15% |
| — sNII (< ₹10L) | 1,60,54,122 | 5% |
| — bNII (> ₹10L) | 3,21,08,244 | 10% |
| Retail | 11,23,78,853 | 35% |
| Total | 32,10,82,435 | 100% |
The anchor portion is carved out of the QIB quota. Percentages are of the total shares offered.
Financials (₹ Cr)
| Period Ended | Revenue | PAT | EBITDA | Net Worth | Total Assets | Borrowings | EPS (₹) |
|---|---|---|---|---|---|---|---|
| FY 2024 | 1,389.24 | 171.15 | 328.7 | 1,606.64 | 3,519.5 | 1,708.92 | — |
| FY 2025 | 2,378.53 | 240.28 | 697.98 | 1,918.66 | 5,632.42 | 3,413.37 | 1.58 |
| Jun 2025 (interim) | 702.92 | 67.15 | 225.56 | 1,991.01 | 6,404.82 | 4,070.14 | — |
| FY 2026 | 3,404.27 | 242.71 | 968.92 | 2,225.42 | 8,104.85 | 5,157.04 | — |
| Jun 2026 (interim) | 1,065.09 | 173.8 | 424.28 | 2,415.2 | 8,641.89 | 5,484.76 | — |
Restated figures from the offer document. Amounts in ₹ crore; EPS in ₹ per share. FY = the 12 months ended 31 March. Interim periods cover part of a year and are not comparable to the full-year rows.
KPIs & Valuation
- P/E (pre-issue)
- 21.52x
- P/E (post-issue)
- 8.61x
- RoNW
- 9.67%
- RoE
- 15.98%
- EPS (pre-issue)
- ₹1.58
- EPS (post-issue)
- ₹3.95
- P/BV
- 2.62x
- NAV / share
- ₹14.67
- Market Cap
- ₹5,984.79 Cr
As of 31 Dec 2025 (latest reported period in the offer document). Market cap is computed on a post-issue basis at the upper price band.
Objects of the Issue
| Purpose | Est. Amount |
|---|---|
| Investment to drive growth in loan disbursals under default loss guarantee (DLG) arrangements | ₹325 Cr |
| Investment in WFPL, the Material Subsidiary, for the purpose of augmenting its capital base | ₹250 Cr |
| General corporate purposes | ₹111.72 Cr |
| Issue Expenses | ₹90.96 Cr |
Net-proceeds utilisation as disclosed in the offer document.
Issue Expenses
| Purpose | Est. Amount |
|---|---|
| BRLMs fees and commissions (including underwriting commission, brokerage and selling commission | ₹35.43 Cr |
| Selling commission/processing fee for SCSBs and Bankers to the Offer, fee payable to the Sponsor Bank for Bids made by RIIs using UPI, brokerage and selling commission and bidding charges for the Members of the Syndicate, Registered Brokers, RTAs and CDPs | ₹1.66 Cr |
| Fees payable to the Registrar to the Offer | ₹0.73 Cr |
| Advertising and marketing expenses | ₹3.42 Cr |
| Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees | ₹7.47 Cr |
| Other regulatory expenses | ₹3.66 Cr |
| Printing and distribution of stationery expenses | ₹0.55 Cr |
| Fees payable to the legal counsel | ₹14.19 Cr |
| Fees payable to advisors and other parties to the Offer, including but not limited to Statutory Auditors, independent chartered accountant, industry expert | ₹19.01 Cr |
| Miscellaneous | ₹4.84 Cr |
Promoters & Shareholding
Promoters: <p>Puneet Agarwal, Sanjay Aggarwal, Sushma Abburi</p>
- Holding (pre-issue)
- 23.96%
- Holding (post-issue)
- 19.31%
- Dilution
- 4.65%
Documents
Anchor Investors
| Investor | Category | Shares | Price | Amount ₹Cr | Allocation |
|---|---|---|---|---|---|
| SBI BANKING & FINANCIAL SERVICES FUND | Bank | 1,47,06,027 | ₹34 | 50 | 15.27% |
| GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO | Other | 88,23,528 | ₹34 | 30 | 9.16% |
| ICICI PRUDENTIAL SMALLCAP FUND | Other | 88,23,528 | ₹34 | 30 | 9.16% |
| INDIA ACORN FUND LTD. | Other | 67,64,499 | ₹34 | 23 | 7.02% |
| MIRAE ASSET MIDCAP FUND | Other | 67,64,499 | ₹34 | 23 | 7.02% |
| HDFC TECHNOLOGY FUND | Other | 58,82,499 | ₹34 | 20 | 6.11% |
| HDFC INNOVATION FUND | Other | 58,82,499 | ₹34 | 20 | 6.11% |
| ISIF EQUITY EX-TOP 100 LONG-SHORT FUND | Other | 58,82,499 | ₹34 | 20 | 6.11% |
| ADITYA BIRLA SUN LIFE BANKING & FINANCIAL SERVICES FUND | Insurance | 55,87,911 | ₹34 | 19 | 5.8% |
| QSIF HYBRID LONG-SHORT FUND | Other | 52,20,558 | ₹34 | 17.75 | 5.42% |
| MOTILAL OSWAL MULTI CAP FUND | Other | 48,61,584 | ₹34 | 16.53 | 5.05% |
| 360 ONE EQUITY OPPORTUNITY FUND-SERIES II | Other | 37,49,568 | ₹34 | 12.75 | 3.89% |
| HDFC LIFE INSURANCE CO.LTD. | Insurance | 29,42,793 | ₹34 | 10.01 | 3.06% |
| HDFC RETIREMENT SAVINGS FUND-EQUITY PLAN | Other | 29,41,029 | ₹34 | 10 | 3.05% |
| AMUNDI FUNDS-ASIA EQUITY FOCUS | Other | 29,41,470 | ₹34 | 10 | 3.05% |
| MOTILAL OSWAL FINANCIAL SERVICES FUND | Other | 19,02,915 | ₹34 | 6.47 | 1.98% |
| 360 ONE EQUITY OPPORTUNITY FUND-SERIES IV | Other | 14,70,735 | ₹34 | 5 | 1.53% |
| APEX EQUITY EX-TOP 100 LONG-SHORT FUND | Other | 5,88,294 | ₹34 | 2 | 0.61% |
| APEX EQUITY LONG-SHORT FUND | Other | 2,94,147 | ₹34 | 1 | 0.31% |
| APEX HYBRID LONG-SHORT FUND | Other | 2,94,147 | ₹34 | 1 | 0.31% |
Anchor bidding took place on 23 Sept 2026. Anchor lock-in: 50% of shares unlock on 28 Oct 2026, the remainder on 27 Dec 2026.
Peer Comparison
| Company | EPS (₹) | NAV (₹) | P/E | RoNW | P/BV | Statements |
|---|---|---|---|---|---|---|
| Moneyview | 1.6 | 14.57 | — | 17.85% | — | — |
| Bajaj Finance Ltd. | 30.6 | 183.21 | 33.66x | 17.19% | 5.61x | — |
| One97 Communications Limited | 8.66 | 250.39 | 213.45x | 4.61% | 7.3x | — |
| Onemi Technology Solutions Ltd. | 46.8 | 113.05 | 16.62x | 20.96% | 3.14x | — |
| Pb Fintech Ltd. | 14.58 | 158.03 | 120.33x | 9.17% | 11.01x | — |
| SBI Cards and Payment Services Limited | 22.77 | 166 | 27.98x | 13.72% | 3.84x | Consolidated |
Peer group as disclosed in the offer document, figures as of 31 Mar 2026. The issuer’s P/E is computed at the upper price band.
Lead Managers (BRLMs)
Tap a lead manager to see every IPO it has run and how those listings fared.
Broker Recommendations
| Reviewer | Verdict |
|---|---|
| Capital Market | May Apply |
Third-party analyst views on the Moneyview IPO, aggregated for reference. ipostation does not rate IPOs — nothing here is investment advice.
Listing Performance
About the Moneyview IPO
The Moneyview mainboard IPO is open between 24 Sept 2026 and 28 Sept 2026, offered at a price band of ₹32–34 per share, and is set to list on NSE and BSE. The IPO seeks to raise ₹1,091.68 crore. Retail investors bid in lots of 441 shares, a minimum application of ₹14,994.
Issue structure
The offer combines a fresh issue of ₹750 crore with an offer for sale (OFS) of ₹341.68 crore by existing shareholders. Money raised through the fresh issue goes to the company for its stated objects, while OFS proceeds go to the selling shareholders rather than the business.
Objects of the issue
Per the offer document, the company intends to deploy the net proceeds primarily toward investment to drive growth in loan disbursals under default loss guarantee (dlg) arrangements (₹325 crore), alongside investment in wfpl, the material subsidiary, for the purpose of augmenting its capital base (₹250 crore). In all, 4 objects are disclosed — the full break-up is in the table above.
Financials
In FY2026, Moneyview reported revenue of ₹1,065.09 crore and a net profit of ₹173.8 crore. Revenue declined from ₹1,389.24 crore in FY2024 to ₹1,065.09 crore in FY2026 (-23.0%). Net worth stood at ₹2,415.2 crore at the end of FY2026.
Valuation
At the upper band, the issue is priced at 8.61× post-issue earnings and 2.62× book value, against a return on net worth of 9.67%. These ratios come from the offer document and are for comparison, not a recommendation.
Peer comparison
The offer document names listed peers including Bajaj Finance Ltd. and One97 Communications Limited, with a median peer P/E of about 33.7×. The issue's own post-issue P/E works out to 8.61×.
Promoters
The promoters of the company are <p>Puneet Agarwal, Sanjay Aggarwal, Sushma Abburi</p>. Promoter holding stands at 23.96% before the issue and comes down to 19.31% after listing.
Grey market premium (GMP)
In the unofficial grey market, Moneyview shares are quoted at a premium of ₹14.6 implying an expected listing around ₹48.6, about +42.9% over the upper band. Grey market premium is a sentiment indicator set by private dealers, not the company or the exchange — it moves quickly and is not a reliable predictor of the actual listing price.
Subscription
The Moneyview IPO was subscribed 101.87 times overall. The strongest demand came from qualified institutional buyers (QIB) at 230.54 times, with non-institutional investors (NII) at 120.37× and retail investors at 20.41×.
Listing performance
Moneyview listed on 1 Oct 2026 at ₹55.61, a premium of +63.6% over the issue price of ₹34.
What to weigh
When evaluating the Moneyview IPO, the data points most investors look at are the fresh-issue-versus-OFS split, the revenue and profitability trend, subscription demand across investor categories and the grey market premium. Grey market premium and subscription figures reflect short-term sentiment rather than long-term fundamentals; the figures on this page are for information only and are not investment advice.
About Moneyview
Moneyview Ltd. is a fintech company incorporated in India that provides digital financial services through its mobile platform. The company focuses on offering accessible and technology-driven financial solutions to individuals. The company operates a digital platform that provides personal loans, credit tracking, and financial management services. It uses data analytics and technology to assess creditworthiness and deliver quick loan approvals to customers. The company's platform functions as a two-sided network, connecting their users seeking financial products with banks, NBFCs, insurers, and other financial institutions offering such products. As of December 31, 2025, they had 125.49 million Registered Users and 42 Financial Partners integrated into the network. As of December 31, 2025, the company served 99.55% of pin codes across India with no physical branches, processing close to 200,000 loan applications per day with minimal human intervention. Product Offerings: personal loans, credit monitoring, expense tracking, and financial planning Competitive Strengths: Large, growing and sticky user base with a flywheel effect for growth Self reinforcing growth engine Data-driven approach for user segmentation and risk assessment Technological and AI capabilities enabling scalable and efficient growth Capital-light model with a diversified network of capital partners Experienced management team with a track record of building and managing successful businesses
Moneyview — Contact Details
- Registered office
- 17/1, 1st and 2nd Floor,, The Address Building, Outer Ring Road,, Marathahalli, Kadubeesanahalli,, Bangalore Urban, Karnataka, 560103
- Phone
- 80 6765 0903
- Website
- moneyview.in/
- Registrar (IPO queries)
- moneyview.ipo@in.mpms.mufg.com
Frequently asked questions
- What is the Moneyview IPO price band?
- The Moneyview IPO price band is ₹32 to ₹34 per share, with a lot size of 441 shares.
- What was the Moneyview IPO GMP before listing?
- The final grey market premium recorded before the Moneyview IPO listed was ₹14.6. The IPO listed on 1 Oct 2026 at ₹55.61, +63.6% against the issue price. GMP is an unofficial figure and was never a guarantee of the listing price.
- When does the Moneyview IPO open and close?
- The Moneyview IPO opens on 24 Sept 2026 and closes on 28 Sept 2026.
- When is the Moneyview IPO allotment and listing date?
- Allotment is expected on 29 Sept 2026. The shares are scheduled to list on 1 Oct 2026 on NSE and BSE.
- How many times was the Moneyview IPO subscribed?
- The Moneyview IPO was subscribed 101.87 times in total across all investor categories.
- What is the reservation split in the Moneyview IPO?
- Of the total shares offered, retail investors get 35%, QIBs 20% (plus 30% anchor), non-institutional investors 15%. The full category-wise break-up is in the Issue Reservation table on this page.
- Who are the promoters of Moneyview and what is their holding?
- The promoters are <p>Puneet Agarwal, Sanjay Aggarwal, Sushma Abburi</p>. Promoter holding is 23.96% before the issue and 19.31% after listing.
- What is the P/E ratio of the Moneyview IPO?
- At the upper price band, the Moneyview IPO is valued at 21.52× pre-issue earnings and 8.61× post-issue earnings, based on the financials disclosed in the offer document.
- What are the objects of the Moneyview IPO?
- The net proceeds go primarily toward investment to drive growth in loan disbursals under default loss guarantee (dlg) arrangements, among 4 disclosed objects. See the Objects of the Issue table for the full break-up.
- Who are the lead managers and registrar of the Moneyview IPO?
- The book-running lead managers are Kotak Mahindra Capital Co.Ltd., BOFA Securities India Ltd., IIFL Capital Services Ltd. and 1 others.
- Is Moneyview a Mainboard or SME IPO?
- Moneyview is a Mainboard IPO, listing on NSE and BSE.