Can Moneyview IPO deliver long-term growth for high-risk investors?
Moneyview, a digital lending platform, is planning a ₹750 crore IPO to fund loan growth. The company's registered users increased significantly, but asset quality has worsened with higher non-performing assets. Total income and loan disbursals have risen sharply, contributing to increased net profit. The company faces potential regulatory risks that may impact its unsecured loan growth. Investors…
Moneyview, a digital lending platform established in 2014, is planning to raise capital through both an Initial Public Offering (IPO) and an Offer for Sale, totaling ₹750 crore and ₹342 crore respectively. This move aims to bolster loan disbursements and enhance its subsidiary's capital base. However, the promoter's stake will decrease to 19.3% from 23.9% post-IPO.
Over the past two years, Moneyview's registered user base has grown at a 61% annual rate, while monetised users have more than doubled. Despite this, the company's asset quality has worsened, with the gross non-performing assets (GNPA) ratio increasing to 2.7% in FY26 from 0.9% in FY24. The firm remains vulnerable to regulatory scrutiny, as changes in banking regulations regarding unsecured loans could impact its growth prospects. Investors may thus opt to wait for more clarity on the company's financials post-listing.
Written by urgent.news from The Economic Times - Top News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
