Moneyview sets ₹1,092 crore IPO for September 24 opening
Digital-finance platform Moneyview plans to open its ₹1,092 crore IPO on September 24 at a ₹32–34 price band. The issue includes a ₹750 crore fresh issue and ₹342 crore offer for sale, with proceeds earmarked for lending and its NBFC subsidiary.
What happened
India digital fintech platform Moneyview plans a Rs 1,092-crore IPO opening September 24 at Rs 32-34 per share. Fresh proceeds will support lending and its NBFC
Key facts
- Rs 1,092 crore IPO
- September 24 opening date
- Rs 32-34 per share price band
- Nearly Rs 6,000 crore valuation
- Rs 750 crore fresh issue
What changed
India digital fintech platform Moneyview plans a Rs 1,092-crore IPO opening September 24 at Rs 32-34 per share. Fresh proceeds will support lending and its NBFC subsidiary. The company serves over 140 million users and offers loans, digital gold and UPI services.
Why this matters
Moneyview’s planned ₹1,092 crore IPO could intensify competition in digital lending and personal-finance products as fresh capital funds expansion through its NBFC arm.
Also reported by
- YourStory · Capital — Same time