Should you subscribe to the Moneyview IPO?
AI Summary
The IPO of Moneyview presents an interesting opportunity for retail investors, but caution is advised due to its valuation discount compared to peers like OnEMI Technology Solutions. With a significant portion of the fresh issue proceeds aimed at bolstering its NBFC subsidiary and providing default loss guarantees, investors should closely monitor the company's risk factors and operating track record before committing. Given the evolving landscape of fintech lending in India, this IPO could reflect broader trends in the sector, but investors should remain vigilant about potential pitfalls.
The IPO of fintech player Moneyview will be open for subscription until September 28. It combines a fresh issue of shares worth ₹750 crore and an offer for sale (OFS) of ₹342 crore, totalling to ₹1,092 crore. Co-founders and promoters, Puneet Agarwal and Sanjay Agarwal, and a few other investors are set to pare part of their stake in the OFS. Promoters and promoter group stake of about 24 per cent before the IPO is expected to fall to around 19.4 per cent after the IPO.
Among other things, Moneyview predominantly distributes unsecured personal loans on its platform. While some of the loan applications are underwritten by the company’s lending partners (banks and NBFCs), some are underwritten by Moneyview’s own NBFC subsidiary. One-third or ₹250 crore of the fresh issue proceeds are earmarked for augmenting the capital base of this subsidiary. Another ₹325 crore is earmarked for providing DLG (default loss guarantee) cover to lending partners (discussed in business model) and the rest for general corporate purposes.
Original Article
Published on Hindu BusinessLine
Frequently Asked Questions
What is this article about?
This is a results news update from Hindu BusinessLine, published on 26 September 2026.
Is this news positive or negative for markets?
TopFund's automated sentiment analysis reads this article as neutral in tone, based on the language used in the report. This is a general signal, not investment advice.
Where can I read the full article?
The full article is available at the original source, Hindu BusinessLine — see the "Read Original Article" link on this page.