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Moneyview Shares Soar Nearly 59% on Strong Debut, Market Valuation Hits ₹9,510 Crore
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News18•01-10-2026, 18:15
Moneyview Shares Soar Nearly 59% on Strong Debut, Market Valuation Hits ₹9,510 Crore
- •Moneyview Ltd shares debuted with a sharp premium, closing nearly 59% higher than the issue price of Rs 34.
- •The stock opened at Rs 55.61 on BSE, a 63.55% increase, and surged to an intraday high of Rs 62, an 82.35% jump.
- •The company's market valuation reached Rs 9,510.53 crore following its strong listing.
- •Moneyview's initial public offering (IPO) was subscribed 98.46 times, with a price band of Rs 32-34 per equity share.
- •The Rs 1,092 crore IPO included a fresh issue of Rs 750 crore and an Offer-for-Sale of Rs 342 crore, with proceeds allocated for lending operations, NBFC capital augmentation, and general corporate purposes.
Key Questions Answered
Moneyview Ltd shares closed with a sharp premium of nearly 59 per cent against the issue price of Rs 34. The stock started trading at Rs 55.61 on the BSE and ended at Rs 54.03, while on the NSE it was listed at Rs 55 and ended at Rs 53.88.
The initial share sale of Moneyview Ltd received an overwhelming 98.46 times subscription on the final day of bidding on Monday.
Of the fresh issue proceeds, Rs 325 crore will be used to support the company's lending operations, and Rs 250 crore will be invested to augment the capital base of its NBFC subsidiary, with the remaining funds allocated for general corporate purposes.
