Digital lending platform Moneyview is targeting a valuation of around Rs 5,985 crore ($624 million) at the upper end of its IPO price band, nearly 20% below the valuation at which it last raised primary capital.
The Accel and Tiger Global-backed fintech has set its IPO price band at Rs 32–34 per share. The public issue will open for subscription on September 24 and close on September 28, with shares expected to list on October 1.
The company’s latest IPO valuation is lower than the roughly Rs 7,500-crore valuation at which it raised primary capital in December 2022. Moneyview was subsequently valued at around $1.2 billion in 2024 following a small funding round from existing investors.
Moneyview is looking to raise Rs 1,091.61 crore through the IPO. The issue comprises a fresh issue of Rs 750 crore and an offer for sale of up to 10.04 crore shares by existing shareholders. The fresh issue was earlier proposed at Rs 1,500 crore, while the OFS component has also been reduced from the amount proposed in its draft IPO papers.
Of the fresh issue proceeds, Rs 325 crore will be used to support loan disbursals under default loss guarantee arrangements, while Rs 250 crore will be invested in subsidiary Whizdm Finance to strengthen its capital base. The remaining amount will be used for general corporate purposes.
Moneyview reported Rs 3,351.2 crore in revenue from operations in FY26, up 43.3% from Rs 2,339.1 crore in FY25. Its profit stood at Rs 242.7 crore, compared with Rs 240.3 crore a year earlier.
In the quarter ended June 2026, revenue rose 50.2% year-on-year to Rs 1,041.1 crore, while profit increased 159% to Rs 174 crore.
Moneyview operates a digital financial services platform connecting consumers with banks, NBFCs, insurers and other financial institutions. As of June 2026, it had 14.03 crore registered users and 48 financial partners. Its offerings include personal loans, insurance, credit cards, digital gold, payments and earned wage access.
The IPO comes as Moneyview joins a broader wave of Indian fintech companies tapping public markets, with the company now seeking a public-market valuation below its previous private-market pea.
