Moneyview shares made a stellar debut on Thursday, October 1, 2026, listing at ₹55.61 per share on BSE and ₹55 per share on NSE, representing a premium of 63.5% and 61.7% respectively over the IPO issue price of ₹34 per share. The shares subsequently surged close to the ₹62 mark, demonstrating strong post-listing momentum with jumps of over 12% from opening prices. This marks a significant improvement from the earlier grey market premium of ₹14.60 (42.94%) that was reported before listing. The ₹1,092 crore IPO comprised a fresh issue of ₹750 crore and an offer for sale of ₹341.68 crore, with shares scheduled to list on both exchanges today. Investors who received allotment made ₹9,261 per lot, taking the total value of their investment to ₹24,255 per lot based on the NSE listing price. The company's market capitalisation post listing stood at ₹9,788.65 crore, significantly exceeding grey market expectations of up to 42% listing gains.
The Moneyview IPO demonstrated unprecedented investor response with overall subscription of 98.46 times, significantly higher than the previously reported 98.46 times. As per The Hindu BusinessLine, the subscription breakdown shows Qualified Institutional Buyers subscribing 227.45 times, Non-Institutional Investors at 115.41 times, and Retail Individual Investors at 19.57 times. The issue raised ₹327.50 crore via anchor bidding ahead of its public opening, with the company's board finalizing allocation of 96,324,729 equity shares to anchor investors at ₹34 per share on September 23, 2026. Of the total anchor allocation, 69,632,136 equity shares, representing 72.29% of the total allocation, were allotted to seven domestic mutual funds through 14 schemes.
The grey market premium had strengthened to ₹14.60 (42.94% premium), significantly higher than the earlier ₹12.5-14 levels, indicating robust unofficial market demand. According to NDTV Profit, this premium represents gains of 42.94% per share and profits of ₹5,622 per lot. However, the grey market premium remains an unofficial and unregulated indicator that is not part of the formal IPO price discovery process and can change before listing. The premium correction reflects market dynamics following the strong subscription response and suggests potential for a premium listing based on unofficial market trends.
Moneyview's profit after tax surged 158.8% year-on-year to ₹173.8 crore in Q1 FY27 from ₹67.15 crore in the year-ago period, while revenue from operations grew 50.2% to ₹1,041.1 crore from ₹693 crore. For FY26, the company reported profit after tax of ₹242.7 crore, up 1% from ₹240.3 crore in the previous fiscal, while revenue rose 43.3% to ₹3,351.2 crore from ₹2,339.1 crore. Market experts have provided mixed recommendations for Moneyview's post-listing performance. Sarvam Goel from Pocketful noted that the company operates as a digital-first financial services platform offering personal loans, loan against property, secured loans, credit tracking, UPI and digital gold across 48 financial partners. He recommended that investors who received allotment should hold, given the scale this business has built, while suggesting that those who missed the IPO can use a post-listing correction as an entry point.
Moneyview Ltd. operates as a fintech platform with 14.03 crore registered users and 48 financial partners as of June 2026, connecting users with banks, NBFCs, insurers and other financial institutions. The company has expanded beyond personal loans into insurance, credit cards, digital gold, payments and earned wage access. Accel was the largest shareholder in Moneyview as of September 20, with a 21.89% stake, followed by Tiger Global Group through Internet Fund III with a 13.79% stake. Promoter Sanjay Aggarwal held a 10.33% stake, while Ribbit Capital and Puneet Agarwal held 10.2% and 8.66% respectively. The company uses data analytics and technology to assess creditworthiness and deliver quick loan approvals, functioning as a two-sided network connecting users seeking financial products with banks, NBFCs, insurers, and other financial institutions. As of June 30, 2026, more than 50% of Moneyview's workforce is engaged in technology and data roles, with a total workforce of 1,933 employees comprising 798 permanent and 1,135 contract employees.
