Moneyview lists at 63.6% premium after IPO draws 98.46x subscription
Moneyview shares opened at Rs 55.61 on the BSE on Thursday, a 63.6% premium to the issue price of Rs 34. Its Rs 1,092 crore IPO was subscribed 98.46 times, with fresh capital earmarked for lending and subsidiary Whizdm Finance.
Read the source at EntrackrWhy it matters to operators and investors
The 63.6% listing premium and 98.46x subscription signal strong demand, but sustained upside depends on deploying fresh capital without weakening credit quality.
What to watch next
- Disclosed deployment of the Rs 325 crore earmarked for lending operations
- Announced infusion of the Rs 250 crore earmarked for Whizdm Finance
- Post-listing results showing disbursement growth and credit-loss trends
- Share-price performance relative to the Rs 55.61 debut