Moneyview shares list at 63% premium on market debut, rise further to 66% above IPO price
Fintech firm Moneyview listed at Rs 55.61 on the BSE and Rs 55 on the NSE against an IPO price of Rs 34, then touched Rs 56.58.
Fintech company Moneyview made a strong debut on the stock market today, giving investors in its initial public offering (IPO) a windfall on the first day. The share listed at Rs 55.61 on the BSE and at Rs 55 on the NSE.
The company had offered the share at Rs 34 in the IPO, so investors gained 63% on listing. The share kept climbing after listing and touched Rs 56.58 on the BSE, a gain of 66% for investors at that price.
Moneyview's Rs 1,092-crore IPO was open from September 24 to 28. It was subscribed 101.87 times. Qualified institutional buyers (QIB) bid 230 times the portion reserved for them, non-institutional investors (NII) 120 times, and small investors 20.41 times in the retail category. This shows how much confidence there was in the company.
In the IPO, the company issued fresh shares worth Rs 750 crore. Existing shareholders also sold 10 crore shares worth Rs 342 crore. That money goes to those shareholders.
The company has disclosed how it will use the Rs 750 crore raised from the fresh issue. Rs 325 crore will go towards expanding its lending business and Rs 250 crore towards raising the capital of its parent company, WFBL. Rs 111 crore is earmarked for other purposes and Rs 90 crore for the expenses of the IPO.
Moneyview is a fintech company that lends through mobile phones. It offers personal loans, credit score checks and money management services. It had 14 crore users as of June 2026 and has tied up with 48 banks and finance companies. It now also operates in insurance, credit cards, digital gold and payments.
The company's earnings are also growing fast. Between 2024 and 2026, its profit grew 19% every year to Rs 242 crore, and its total income rose 57% to Rs 3,404 crore. In the first three months of this year, April to June 2026, it made a profit of Rs 173 crore on income of Rs 1,065 crore. As of June 2026, the company had debt of Rs 5,484 crore and reserves of Rs 2,374 crore.
The listing indicates that demand for fintech companies remains strong.
