Stories
Moneyview Shares Soar 62% on NSE Debut, Valued at ₹55
C
CNBC TV18•01-10-2026, 10:06
Moneyview Shares Soar 62% on NSE Debut, Valued at ₹55
- •Digital lending platform Moneyview debuted on stock exchanges with shares opening at ₹55 on NSE, a 61.76% premium over its IPO price of ₹34.
- •The company's IPO was oversubscribed 98.46 times, with strong interest from qualified institutional buyers (227.45x) and non-institutional investors (115.41x).
- •Moneyview, backed by investors like Accel and Tiger Global, offered shares in a price band of ₹32-34, with the IPO comprising a fresh issue of ₹750 crore and an offer-for-sale.
- •The company plans to use ₹325 crore from the fresh issue for loan disbursals under default loss guarantee arrangements and ₹250 crore to augment Whizdm Finance's capital base.
- •Moneyview reported a significant profit increase of 158.8% year-on-year to ₹173.8 crore in Q1 2026, with revenue growing 50.2% to ₹1,041.1 crore.
Key Questions Answered
Moneyview shares debuted strongly on the National Stock Exchange at ₹55 per share, marking a 61.76% premium over the initial public offering issue price of ₹34 apiece.
The initial public offering of Moneyview was subscribed 98.46 times in total, with strong interest shown across qualified institutional buyers, non-institutional investors, and retail categories.
Moneyview intends to allocate ₹325 crore of the net fresh issue proceeds toward loan disbursal growth under default loss guarantee arrangements, invest ₹250 crore in its subsidiary Whizdm Finance, and use the rest for general corporate purposes.
