Stories
Moneyview Raises Rs 327 Crore via Anchor Book Ahead of Rs 1,092 Crore IPO
- •Digital lending platform Moneyview secured Rs 327.5 crore through its anchor book on September 23, preceding its Rs 1,092 crore IPO.
- •The IPO, with a price band of Rs 32-34 per share, opens for public subscription on September 24 and closes on September 28.
- •The public issue includes a fresh issue of equity shares worth Rs 750 crore and an offer-for-sale of Rs 341.6 crore by promoters and existing investors.
- •Moneyview allotted 9.63 crore equity shares to 12 anchor investors, including SBI Mutual Fund, ICICI Prudential AMC, Goldman Sachs, and HDFC Life Insurance Company.
- •The company plans to use Rs 325 crore from the fresh issue to boost loan disbursals under DLG arrangements and Rs 250 crore to strengthen its subsidiary Whizdm Finance.
Key Questions Answered
The Moneyview IPO opens for public subscription from September 24 to September 28, with a price band set at Rs 32 to Rs 34 per share. The public issue comprises a fresh issue worth Rs 750 crore and an offer-for-sale of 10.04 crore shares valued at Rs 341.6 crore.
Moneyview will use Rs 325 crore of the net fresh issue proceeds to drive growth in loan disbursals under default loss guarantee arrangements and allocate Rs 250 crore to bolster the capital base of its subsidiary, Whizdm Finance, with the remaining funds directed toward general corporate purposes.
For the quarter ended June 2026, Moneyview reported a net profit of Rs 173.8 crore with revenue surging 50.2 percent year-on-year to Rs 1,041.1 crore. In the financial year ended March 2026, the company recorded a profit of Rs 244.1 crore and a revenue climb to Rs 3,351.2 crore.
