Moneyview IPO Review: Price Band, Dates, Lot Size, Financials and RisksMoneyview IPO Review: Price Band, Dates, Lot Size, Financials and Risks

The Moneyview IPO opens on September 24 and closes on September 28, 2026. Moneyview Limited is a Bengaluru-based digital lending platform backed by Accel, Tiger Global and Ribbit Capital. The company operates a two-sided network connecting users seeking financial products with banks, NBFCs, insurers and other financial institutions. The company is raising ₹1,091.68 crore through a fresh issue of ₹750 crore and an offer for sale of ₹341.68 crore by promoters and existing investors. 

IPO Snapshot

Event	Date
IPO Opens	September 24, 2026
IPO Closes	September 28, 2026
Allotment Date	September 29, 2026
Refund	September 30, 2026
Shares Credited to Demat	September 30, 2026
Listing Date (BSE, NSE)	October 1, 2026

Price Band and Lot Size

Detail	Value
Price Band	₹32 to ₹34 per share
Face Value	₹1 per share
Lot Size	441 shares
Minimum Investment	₹14,112 to ₹14,994
Retail Maximum	13 lots, or 5,733 shares (₹1,94,922)
Fresh Issue	₹750 crore (22,05,88,235 shares)
Offer for Sale	₹341.68 crore (10,04,94,200 shares)
Total Issue Size	₹1,091.68 crore
Listing	BSE and NSE

Pre-issue shareholding stood at 153,96,43,033 shares, rising to 176,02,31,268 shares post-issue. The IPO comprises a fresh issue of ₹750 crore and an offer for sale of 10.04 crore shares by promoters Puneet Agarwal and Sanjay Aggarwal, along with investors including Accel, Tiger Global Management, Ribbit Capital, DI Investment and Crimson Winter.

What Does Moneyview Actually Do

Moneyview Limited, incorporated in India, is a fintech company that provides digital financial services through its mobile platform. The company focuses on offering accessible and technology-driven financial solutions to individuals. The company operates a digital platform that provides personal loans, credit tracking, and financial management services. It uses data analytics and technology to assess creditworthiness and deliver quick loan approvals to customers.

The company’s platform functions as a two-sided network, connecting its users seeking financial products with banks, NBFCs, insurers, and other financial institutions offering such products. As of December 31, 2025, they had 125.49 million Registered Users and 42 Financial Partners integrated into the network.

As of December 31, 2025, the company served 99.55% of PIN codes across India with no physical branches, processing close to 200,000 loan applications per day with minimal human intervention.

The company’s product offerings include personal loans, credit monitoring, expense tracking, and financial planning.

The Money Numbers

Metric	FY23	FY24	FY25	9M FY26 (Dec 2025)
Total Income (₹ Crore)	677.02	1,389.24	2,378.53	2,408.54
Profit After Tax (₹ Crore)	162.57	171.15	240.28	209.74
Total Assets (₹ Crore)	1,724.06	3,519.50	5,632.42	7,718.84
Net Worth (₹ Crore)	1,314.27	1,606.64	1,918.66	2,168.61
Total Borrowings (₹ Crore)	266.62	1,708.92	3,413.37	5,080.33

All numbers are taken from the company’s official IPO document (RHP) and cross-checked with trusted sources.

Total income grew from ₹677.02 crore in FY23 to ₹2,408.54 crore in 9M FY26 (period ended December 31, 2025), up 256% over three years. Profit after tax grew from ₹162.57 crore in FY23 to ₹209.74 crore in 9M FY26, up 29%. Total assets increased from ₹1,724.06 crore to ₹7,718.84 crore, while net worth grew from ₹1,314.27 crore to ₹2,168.61 crore over the same period.

ROE stood at 15.98% and RoNW at 9.67% as of December 31, 2025.

Objects of the Issue

Purpose	Amount (₹ Crore)
Investment to drive growth in loan disbursals under default loss guarantee (DLG) arrangements	650.00
Investment in WFPL, the Material Subsidiary, for the purpose of augmenting its capital base	450.00
General Corporate Purposes	Balance amount
Total identified objects	1,100.00

Strengths

• Exceptional revenue growth, with total income increasing 256% from FY23 to 9M FY26.
• Strong profitability growth, with PAT growing 29% from FY23 to 9M FY26.
• Large, growing, and sticky user base with 125.49 million registered users as of December 31, 2025.
• Capital-light model with a diversified network of 42 financial partners.
• Pan-India presence serving 99.55% of PIN codes with no physical branches.
• Technology and AI capabilities enabling scalable and efficient growth.
• Data-driven approach for user segmentation and risk assessment.
• Experienced management team with a track record of building successful businesses.
• Processing close to 200,000 loan applications per day with minimal human intervention.
• Strong return ratios: ROE of 15.98% and RoNW of 9.67% as of December 31, 2025.

Risks

• High borrowings of ₹5,080.33 crore as of December 31, 2025, up from ₹266.62 crore in FY23.
• The company operates in the highly competitive digital lending and fintech sector with exposure to regulatory changes, credit risk, and competition from both organized and unorganized players.
• The business model depends on default loss guarantee (DLG) arrangements, which carry credit risk.
• A significant portion of the fresh-issue proceeds (₹650 crore out of ₹750 crore) is earmarked for DLG arrangements, which carry execution and credit risk.
• The company’s expansion depends on securing partnerships with financial institutions and maintaining user growth.
• The fintech sector is subject to regulatory changes by RBI and other authorities.
• High reliance on technology and data analytics, with exposure to cybersecurity and data privacy risks.
• Promoters and existing investors will sell shares through the OFS component, meaning a portion of proceeds will not go toward the company’s growth.moneycontrol+1
• Valuation of ~₹6,000 crore at the upper price band may be rich compared to peers.

How to Apply

You can apply through Alice Blue by selecting your investor category, choosing the number of lots, and submitting your bid between September 24 and September 28.

If you do not want to track subscription numbers throughout the bidding window, Alice Blue’s IPO feature can apply on your behalf. Choose your category and lot size, confirm your UPI ID, and set a subscription trigger, such as below 1x, between 1x and 5x, or above 5x. The system tracks Moneyview’s live subscription numbers and submits the application once the selected condition is met. You then receive a UPI payment request to approve. Funds are not deducted until shares are allotted.

Frequently Asked Questions