{
  "id": 9530569,
  "title": "Moneyview IPO Subscribed 65% On Day 1 So Far, Retail Portion At 93%",
  "url": "https://urgent.news/2026/09/24/moneyview-ipo-subscribed-65-on-day-1-so-far-retail-portion-at-93",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-24T07:49:33.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/moneyview-ipo-subscribed-65-on-day-1-so-far-retail-portion-at-93/"
  },
  "original_language": "en",
  "account": "Moneyview, a digital lender, saw its initial day IPO subscription rate reaching 65%, with the retail portion accounting for 93% of demand. Bids for 15.19 Cr shares were received for the public issue, against a 23.25 Cr shares on offer. The 10.89 Cr shares bid by retail investors represented 93% of the 11.72 Cr shares reserved for them. NIIs' subscription stood at 85%, with bids for 4.29 Cr shares against 5.02 Cr shares offered. QIBs' bids were minimal, at 41,895 shares for the 6.51 Cr shares reserved. The IPO price band is ₹32-₹34 per share, valuing the company at approximately ₹5,985 Cr ($624 Mn) at the upper end. Moneyview raised ₹327.5 Cr from anchor investors before the IPO, with several domestic mutual funds and notable investors participating. The company plans to utilize the IPO proceeds for loan disbursements, capital augmentation, and general corporate purposes. Moneyview's financials have grown significantly, with Q1 FY27 net profit jumping 2.6X to ₹173.8 Cr and operating revenue rising 50.2% to ₹1,041.1 Cr.",
  "summary": "Digital lender Moneyview’s ₹1,092 Cr IPO was subscribed 65% by 12:48 IST on the first day of bidding today. The…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}