Moneyview IPO: Price Band Set at Rs32-Rs34 to Raise Rs10.91B
By Business Desk
Moneyview Limited sets its IPO price band at Rs32-34 per share to raise Rs10.91 billion. Discover key dates, issue structure, and market cap details.
Moneyview Limited has officially set the price band for its upcoming Initial Public Offering at Rs32 to Rs34 per equity share. The full-stack digital lending platform aims to raise a total of Rs10.91 billion through the public offering.
Offering Structure and Key Figures
The public offering combines a fresh issue and an Offer for Sale, targeting specific financial milestones outlined in regulatory filings.
- Total IPO size: Rs10.91 billion
- Fresh issue: Rs750 crore
- Offer for Sale: Approximately Rs341.68 crore
- Implied post-issue market capitalization: Rs6,000 crores at the upper end
Deployment of Funds and Schedule
The company plans to deploy the proceeds from the fresh issue toward specific business expansions and corporate objectives.
- Funding objective: Growing lending operations and augmenting the capital base of the NBFC subsidiary
- Opening date: September 24, 2026
- Listing exchanges: BSE and NSE
Company Background and Backing
Founded in 2014 by IIT Delhi graduates Puneet Agarwal and Sanjay Aggarwal, the platform delivers financial products via its mobile application.
- Founders: Puneet Agarwal and Sanjay Aggarwal
- Offerings: Personal loans, credit cards, and insurance
- Key institutional backers: Accel, Tiger Global, and Ribbit Capital