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Moneyview CEO Gets Rs 160 Cr Incentive Before IPO, Rs 120 Cr Impact on Profit.
- •Moneyview CEO Puneet Agarwal received a Rs 160 crore incentive before the IPO, impacting the fiscal year's profit by Rs 120 crore.
- •CFO Saurabh Goel clarified it as a one-time bonus for performance, not a recurring activity, discussed with the board.
- •Puneet Agarwal and co-founder Sanjay Agarwal retain about 20% stake in the company post-payment.
- •The company's valuation is projected to be Rs 5,985 crore post-IPO, lower than its previous $1 billion valuation.
- •Moneyview's Rs 1,092 crore IPO opens on September 24 and closes on September 28, with a price band of Rs 32 to Rs 34 per share.
Key Questions Answered
Moneyview's Rs 1,092 crore IPO opens on September 24 and closes on September 28, with a price band set at Rs 32 to Rs 34 per share. The public issue comprises a fresh issue of Rs 750 crore and an offer for sale of 10.05 crore shares, with shares expected to list on the NSE and BSE on October 1.
CEO and promoter Puneet Agarwal received a one-time performance bonus of Rs 160 crore in fiscal year 2026, which was discussed and approved by the company's board. Company executives noted that the payment is non-recurring and that founders Puneet and Sanjay Agarwal still maintain about a 20 percent stake in Moneyview following the payout.
The Rs 160 crore incentive payment created a Rs 120 crore impact on Moneyview's profit after tax for fiscal year 2026. Despite this deduction, the company reported a fiscal year profit of Rs 242.7 crore, marking a 1 percent increase compared to Rs 240.3 crore in the previous fiscal year.
