{
  "id": 9745607,
  "title": "Moneyview IPO Subscribed 3.55X On Day 2, NIIs Lead With 7.77X Subscription",
  "url": "https://urgent.news/2026/09/25/moneyview-ipo-subscribed-3-55x-on-day-2-niis-lead-with-7-77x",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T08:35:57.000Z",
  "source": {
    "name": "Inc42",
    "slug": "inc42",
    "url": "https://inc42.com/buzz/moneyview-ipo-subscribed-3-55x-on-day-2-niis-lead-with-7-77x-subscription/"
  },
  "original_language": "en",
  "account": "Moneyview's IPO experienced strong demand, with subscriptions surpassing three times the shares offered. On the second day of bidding, non-institutional investors led with a 7.77X subscription, placing bids for 39.01 Cr shares against a reserved quota of 5.02 Cr shares. Among NIIs, those bidding between ₹2 Lakh and ₹10 Lakh saw a 10.08X subscription, while those bidding over ₹10 Lakh experienced a 6.61X subscription. Retail investors matched NIIs with a 3.67X subscription. Qualified Institutional Buyers (QIBs) saw a minimal 0.09X subscription. The IPO, priced between ₹32-₹34 per share, valued the company at approximately ₹5,985 Cr ($624 Mn). Moneyview raised ₹327.5 Cr from anchor investors before the IPO and plans to allocate proceeds for loan support, NBFC capital infusion, and general corporate purposes.",
  "summary": "Digital lender Moneyview’s ₹1,092 Cr IPO was subscribed 3.55X by 13:15 IST on the second day of bidding. The public…",
  "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."
}