2 hrs ago
Moneyview IPO Opens With Strong Growth and Broker Support
Moneyview is a digital financial-services company offering lending-related products through technology.
Its IPO opens today for investors who want to buy shares.
Before the IPO, 20 large investors bought shares worth Rs 327.50 crore.
The company reported strong revenue and profit growth in the June 2026 quarter.
Several brokerages said investors could subscribe, especially for the long term.
They believe Moneyview can grow as more people use digital financial services.
However, the company’s loans are unsecured, which creates an asset-quality risk.
Its gross Stage 3 loans rose to 2.72% from 0.94% in FY2024.
Analysts also warned about regulatory changes, credit costs and competition.
Moneyview raised Rs 327.50 crore from 20 anchor investors at Rs 34 per share.
The company reported Rs 173.80 crore net profit and Rs 1,065.09 crore revenue in the June 2026 quarter.
Moneyview posted FY2024-25 net profit of Rs 242.71 crore on revenue of Rs 3,404.27 crore.
The IPO reserves 50% for qualified institutional bidders, 15% for non-institutional investors and 35% for retail investors.
Brokerages broadly recommend subscribing, while citing asset quality, regulation, credit costs and competition as risks.
- Who
- Moneyview, its anchor investors and prospective IPO investors; several brokerages provided recommendations.
- What
- Moneyview’s initial public offering opened, with the company seeking investor participation after raising Rs 327.50 crore from anchor investors.
- Where
- The shares are planned to list on BSE Ltd and NSE.
- When
- The IPO opens today; the shares are scheduled to list on Thursday, October 1.
- Why
- The IPO offers investors exposure to Moneyview’s digital lending platform and reported growth, while analysts are assessing its valuation, asset quality and regulatory risks.
Reasons to Subscribe
Risks to Consider
Growth outlook
Reasons to Subscribe
Brokerages said Moneyview’s digital-only, asset-light model, large user base, financial-partner network and expanding digital lending market support scalable growth.
Risks to Consider
Growth depends on continued customer acquisition, product expansion and the durability of fee rates negotiated with financial partners.
Credit performance
Reasons to Subscribe
Analysts highlighted data-driven underwriting, low loss rates, improving credit performance and technology-led operating leverage.
Risks to Consider
Swastika Investmart said gross Stage 3 loans rose to 2.72% from 0.94% in FY2024, while the loan book is entirely unsecured.
Valuation and outlook
Reasons to Subscribe
Brokerages described the valuation as reasonable or attractive, with BP Equities citing a 21.7-times FY2026 price-to-earnings valuation and SBI Securities citing a post-issue FY2026 price-to-book ratio of two times.
Risks to Consider
Analysts identified regulatory dependence on RBI-regulated lending partners, credit costs and competition as important risks to monitor.
Key facts
- Anchor fundraising
- Rs 327.50 crore raised from 20 anchor investors
- Anchor allocation price
- Rs 34 per share
- June 2026 quarter
- Revenue of Rs 1,065.09 crore and net profit of Rs 173.80 crore
- FY2024-25 performance
- Revenue of Rs 3,404.27 crore and net profit of Rs 242.71 crore
- Investor allocation
- 50% QIBs, 15% NIIs and 35% retail investors
- Grey market premium
- Rs 14 per share, suggesting a reported 41% potential listing gain
- Planned listing
- BSE Ltd and NSE on Thursday, October 1
Quotes
Anand Rathi Share & Stock Brokers
Brokerage firm providing a long-term subscription recommendation on the IPO.
“It is focused on improving operating leverage through greater use of technology, automation and AI, while strengthening credit quality through behavioural, transactional and alternative data. The combination of user growth, increasing product penetration, improving operating efficiency and a capital-light business model provides visibility for continued growth”
businesstoday.in
“The investment case hinges on two factors: the sustainability of underwriting performance as the on-book share of AUM increases, and the durability of fee rates negotiated with Financial Partners. If credit costs remain near current levels and operating leverage continues, the valuation appears undemanding relative to growth”
businesstoday.in
Sources
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