Moneyview’s MD & CEO Agrawal Announces IPO Size Reduction Due to Robust Profit Growth.

Moneyview, a digital lending platform, has announced the details of its Initial Public Offering (IPO), which will now be sized at Rs 1,092 crore, down from the initially proposed Rs 1,500 crore. The company has set a price band of Rs 32-34 per equity share, with the subscription window open from September 24 to September 28. The IPO comprises a fresh issue of shares valued at Rs 750 crore and an Offer for Sale (OFS) of 10.05 crore equity shares worth Rs 342 crore at the upper end of the price band. The shares are expected to be listed on the NSE and BSE on October 1.

The grey market sentiment surrounding Moneyview’s IPO has been cautiously optimistic, reflecting investor confidence in the company’s robust profit growth and cash-generating capabilities. The reduction in the IPO size was strategically guided by the company’s MD and CEO Puneet Agrawal, who indicated that the company can comfortably fund its growth initiatives with the newly raised capital. The financials show a promising trajectory, with a profit after tax of Rs 242 crore reported for FY26 and revenue of Rs 3,351 crore, coupled with significant increases in loan disbursals and assets under management.

For Indian investors, Moneyview’s IPO represents a significant opportunity, especially for those looking to invest in technology-driven financial services. The company’s focus on expanding its lending business and diversifying its product portfolio into home loans, investments, and insurance indicates potential sustainable growth. Retail investors may find this IPO appealing, given the anticipated positive returns aligned with Moneyview’s strong financial fundamentals and strategic growth plans.

Source: The Economic Times

(Expert Note: This report was prepared by the Wealthova IPO team.)