Moneyview Limited, a leader in India’s digital lending space, has announced its initial public offering (IPO) with a price range of ₹32 to ₹34 per equity share. The IPO opens for public subscription on September 24, 2026, and will close on September 28, 2026, aiming to raise up to ₹750 crore. The company serves six million borrowers and has a vast user base of 140 million, signaling its significant impact on the lending landscape, particularly in Tier 2 and Tier 3 cities.
IPO Details and Shareholder Offerings
The upcoming IPO consists of a fresh issue worth ₹750 crore alongside an offer for sale of over 100 million equity shares by current stakeholders, including co-founders Puneet Agarwal and Sanjay Aggarwal. Investors can bid for a minimum of 441 equity shares. Listings will occur on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The book-running lead managers for the IPO include Axis Capital, BofA Securities India, IIFL Capital Services, and Kotak Mahindra Capital, all reputable names in capital markets.
Current Business Landscape and Financial Performance
Moneyview currently manages a personal loan portfolio of approximately ₹22,520 crore, serving over six million borrowers. Notably, 80% of its customers come from Tier 2 and Tier 3 cities, with an average monthly income of ₹45,000, which underscores the company’s commitment to financial inclusivity. The company has reported impressive growth metrics, including a profit after tax nearing ₹400 crore for the last financial year, and revenue growth of 40-45% year-on-year. In the first quarter of FY27 alone, the company reported ₹174 crore in profit.
Capital Utilization Plans and Operational Model
Initially aiming for ₹1,500 crore in fresh capital, Moneyview has scaled back its target to ₹750 crore, with CEO Puneet Agarwal stating that this amount is sufficient for their operational needs. The proceeds from this offering will primarily focus on bolstering their Default Loss Guarantee arrangements, aiming to grow their off-balance sheet lending business. Approximately 75% of its loan portfolio is funded through lending partners, which allows the company to maintain a capital-light operational model, reducing risk while expanding its business.
What This Means
The introduction of Moneyview’s IPO indicates a growing confidence in digital lending platforms in India, particularly as they cater to underbanked populations in smaller cities. With its robust financial performance and strong user base, the company is well-positioned to play a crucial role in India’s financial ecosystem. Moreover, the increasing trend of using technology for credit underwriting demonstrates a shift towards more efficient and less interventionist lending practices.
Frequently Asked Questions
What is Moneyview Limited?
Moneyview Limited is one of India’s largest digital lending platforms, focusing primarily on providing personal loans to a diverse customer base, particularly in Tier 2 and Tier 3 cities.
When will the Moneyview IPO be open for public subscription?
The IPO will open on September 24, 2026, and close on September 28, 2026.
What is the price band for the IPO?
The price band for Moneyview’s IPO has been set between ₹32 and ₹34 per equity share.
How much capital does Moneyview aim to raise through the IPO?
Moneyview aims to raise up to ₹750 crore through the IPO, which includes a fresh issue and an offer for sale by existing shareholders.
