MoneyviewIPO Review — Financials, Valuation & Peers
A data-only look at the Moneyview IPO: restated financials, valuation ratios, the RHP peer group and third-party analyst views. ipostation does not rate IPOs — nothing here is a recommendation.
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.
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.
Promoters & Shareholding
Promoters: <p>Puneet Agarwal, Sanjay Aggarwal, Sushma Abburi</p>
- Holding (pre-issue)
- 23.96%
- Holding (post-issue)
- 19.31%
- Dilution
- 4.65%
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.
Analysis in brief
Anchor book
The anchor round of the Moneyview IPO drew 20 institutional investors committing a combined ₹327.51 crore. Anchor investors are institutions allotted shares at the issue price a day before bidding opens, in exchange for a mandatory post-listing lock-in — their names and cheque sizes are disclosed, which is why the anchor book is read as an institutional signal. The largest allocations went to SBI BANKING & FINANCIAL SERVICES FUND (₹50 crore), GOLDMAN SACHS FUNDS-GOLDMAN SACHS INDIA EQUITY PORTFOLIO (₹30 crore) and ICICI PRUDENTIAL SMALLCAP FUND (₹30 crore). Investor categories represented include Bank, Other and Insurance. The lock-in on half the anchor shares ends on 28 Oct 2026, with the remainder locked until 27 Dec 2026.
Analyst view tally
For the Moneyview IPO, we track the published view of 1 reviewer, Capital Market among them. Of the 1 with a stated verdict, 1 says "May Apply". These are the views of the named reviewers, reproduced as published — they are not ipostation's recommendation, and this page does not rate the issue.
Margin and return profile
Away from the price multiples, the offer document also discloses the shape of the underlying business. Capital efficiency reads at a return on equity (RoE) of 15.98%. At the upper band, the post-issue market capitalisation works out to about ₹5,984.79 crore. These are offer-document figures for the latest reported period (as of 31 Dec 2025); they describe the business as disclosed, not how the stock will trade.
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.
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.
Frequently asked questions
- 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%.
- 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.