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Moneyview Shares Soar 63.5% on Strong Market Debut
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News18•01-10-2026, 11:45
Moneyview Shares Soar 63.5% on Strong Market Debut
- •Shares of digital lending platform Moneyview Ltd debuted with a premium of 63.5% against its issue price of Rs 34.
- •The stock listed at Rs 55.61 on the BSE and Rs 55 on the NSE, marking a significant jump from its initial price.
- •Moneyview's market valuation reached Rs 10,103.73 crore following its successful listing.
- •The company's Rs 1,092 crore IPO was oversubscribed by 98.46 times, with a price band of Rs 32-34 per equity share.
- •Founded in 2014 by IIT Delhi graduates Puneet Agarwal and Sanjay Aggarwal, Moneyview is a credit-led fintech platform offering various financial products.
Key Questions Answered
Moneyview shares made a strong debut on the BSE, listing at Rs 55.61, which represents a 63.55 per cent premium over the issue price of Rs 34.
The initial public offering of Moneyview Ltd received an overwhelming response, achieving a subscription rate of 98.46 times by the final day of bidding on Monday.
Out of the fresh issue proceeds, Rs 325 crore will be allocated to support the company's lending operations, Rs 250 crore will be invested to augment the capital base of its NBFC subsidiary, and the remaining funds will be used for general corporate purposes.
