1 hr ago
Moneyview Soars 76% in India Debut, Tops $1 Billion Valuation
Moneyview is a company that helps people access financial products such as loans and credit cards.
Its shares began trading in India on Thursday.
Investors paid much more for the shares than the original IPO price.
The shares rose as much as 76% during the first day.
This gave the company a value of about $1.09 billion.
Many investors wanted to buy the shares before trading began.
Moneyview also offers home loans, insurance, and payments.
The company plans to use money from the IPO to grow its lending business.
Moneyview shares surged as much as 76% during their Indian market debut.
The stock listed at 55 rupees, versus an IPO price of 34 rupees per share.
Moneyview’s $114 million IPO was oversubscribed 98.5 times, led by institutions and wealthy investors.
The Bengaluru-based fintech offers personal loans through financial partners, including Whizdm Finance.
The company plans to use IPO proceeds to expand lending, invest in a subsidiary, and support corporate purposes.
- Who
- Moneyview, an Accel-backed digital financial platform based in Bengaluru, and its investors.
- What
- Moneyview shares surged in their Indian market debut, giving the company a valuation above $1 billion.
- Where
- India, with the shares listed on the National Stock Exchange of India.
- When
- Thursday; the company reported assets managed for the quarter ended June 30, 2026.
- Why
- Investors were attracted by Moneyview’s exposure to digital lending and what analysts described as a relatively attractive valuation.
Key facts
- Maximum debut gain
- 76%
- Last reported trading price
- 56.75 rupees
- IPO price
- 34 rupees per share
- Implied valuation
- 105 billion rupees, or about $1.09 billion
- IPO size
- $114 million
- IPO demand
- 98.5 times the shares offered
- Assets managed
- 225.2 billion rupees for the quarter ended June 30, 2026
Quotes
Swastika Investmart
Investment research and brokerage firm commenting on Moneyview’s valuation
“At 20-22x P/E, the stock trades at a significant discount to the 82x industry composite, making the valuation relatively attractive”
deccanchronicle.com
Sources
Related news
Moneyview Shares Debut 64% Above IPO Price After Strong Demand
Moneyview IPO Draws 98.5x Subscription, GMP Signals 41% Premium
Moneyview IPO Subscription Reaches 3.55X On Second Day
Moneyview IPO Opens With Strong Growth and Broker Support
NSE Shares Debut Higher, Enter India’s Top Ten Companies
Moneyview, A-One Steels IPOs Set for October 1 Listing
Sarva Foam Files IPO Draft to Fund Facility, Repay Debt
Domestic Funds Seek Lower IPO Valuations as Pricing Power Shifts
NSE Wins SEBI NOC for Corporate Bond Index Futures
SRIT India IPO Allotment, GMP and Listing Details Explained
