Moneyview Makes Bumper Debut, Lists At 64% Premium On The BSE

Digital lending firm Moneyview experienced a highly successful initial public offering (IPO) today, with its shares trading 64% above the issue price on the Bombay Stock Exchange (BSE). The company's shares opened at ₹55.6, representing a significant premium over the fixed price band of ₹32-₹34. Moneyview's market capitalization immediately following the listing amounted to ₹9,788.6 Cr, roughly $1.01 billion.

The IPO process was exceptionally popular, with the company's ₹1,092 Cr offering being fully subscribed within hours. The issue encompassed a fresh share issuance valued at up to ₹750 Cr and an Offer for Sale (OFS) of up to 10.05 Cr shares. Moneyview's shares were eagerly bought by Qualified Institutional Buyers (QIBs), who oversubscribed their allocated quotas by an astonishing 227.45 times.

Prominent institutional investors including SBI Mutual Funds, other mutual funds, and Goldman Sachs were among the key investors, each securing substantial allocations. The IPO's success is particularly meaningful for Moneyview, as it will bolster its non-banking financial company (NBFC) arm, with a third of the fresh capital earmarked for investment in Moneyview's sister firm, Whizdm Finance.

Beyond the IPO, Moneyview reported strong financial performance in the first quarter of FY27. Net profit rose 2.6 times to ₹173.8 Cr, while operating revenue increased 50.2% to ₹1,041.1 Cr. For the fiscal year 2026, operating revenue expanded to ₹3,351.2 Cr from ₹2,339.1 Cr in the previous fiscal year. Moneyview's overall profit remained steady, increasing from ₹240.3 Cr to ₹242.7 Cr.