IPO-Bound Moneyview Nets ₹327.5 Cr From Anchor Investors
Ahead of opening its initial public offering (IPO) for bidding, fintech unicorn Moneyview has raised ₹327.5 Cr from anchor investors…
Fintech fintech Moneyview has successfully raised ₹327.5 Cr from anchor investors ahead of its IPO launch. The company allocated 9.63 Cr shares at a price of ₹34 per equity share, which is the upper limit of the IPO's price band. Seven domestic mutual funds through fourteen schemes managed to secure 6.96 Cr, or 72% of the anchor round.
SBI Mutual Fund's SBI Banking and Financial Services Fund was the biggest anchor investor, purchasing 1.47 Cr shares, or 15.27% of the anchor round, worth over ₹50 Cr. Other investors in the IPO included HDFC Mutual Fund, Motilal Oswal, 360 One, Goldman Sachs, and ICICI Prudential’s iSIF Ex Top 100 Long-Short Fund. Moneyview’s IPO, valued at ₹1,092 Cr, is scheduled to open for public subscription on September 24.
The company aims to raise a fresh issue worth up to ₹750 Cr and an OFS (Offer for Sale) of up to 10.05 Cr equity shares. The proceeds will be utilized for loan disbursals, NBFC subsidiary Whizdm Finance’s capital base, and general corporate purposes. Moneyview, a digital lending platform, had 140.28 Mn registered users and ₹22,520 Cr managed assets as of June 30, 2026.
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