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