ListedMainboardFinance - InvestmentMONEYVIEW

Moneyview IPO

Moneyview IPO is a mainboard IPO raising ₹1,092 Cr at ₹32 – ₹34 a share. It listed on 1 Oct 2026 at ₹55, +61.8% against its issue price of ₹34, and trades at ₹51 today (+50.4% since issue). It was subscribed 98× in total.

₹34
Issue price
₹51
Price now
+50.4%
Since issue price
1 Oct 2026
Listed on
98×Subscribed (final) · all exchanges

98.5 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Where your money goes

Only the fresh issue reaches the company. The offer for sale is existing shareholders selling their own stock — that money goes to them, not the business.

Fresh issue — to the company₹750 Cr
Offer for sale — to existing holders₹342 Cr

A red herring prospectus is filed before the price is fixed, so it states share counts rather than rupee amounts. derived: shares x cut-off price Rs34. Checked: exchange issue size Rs1092 Cr vs derived Rs1091.7 Cr (0.0% apart).

What the fresh money funds

The stated uses of the net proceeds, from the prospectus’s Objects of the Issue table. Only the fresh issue funds these — the offer-for-sale money goes to the selling shareholders above.

Investment to drive growth in loan disbursals under default loss guarantee (DLG) arrangements₹325 Cr
Investment in WFPL, our Material Subsidiary, for the purpose of augmenting its capital base₹250 Cr

As stated in the prospectus — stated total ₹750 Cr. “General corporate purposes” is the part with no committed use; SEBI caps it at 25% of the issue.

The price they’re asking

From the prospectus’s own “Basis for Issue Price” — the issuer’s earnings multiple against the peers it chose to compare itself with.

21.7×earnings — this issue
33.7×median of its named peers

Priced 36% below the median multiple of the peers the issuer itself names.

Listed peer (issuer’s choice)P/ERoNWEPS
OnEMI Technology Solutions Limited16.62×20.96%₹21.39
PB Fintech Limited120.33×9.17%₹14.46
One97 Communications Limited213.45×4.61%₹8.55
Bajaj Finance Limited33.66×17.19%₹30.51
SBI Cards and Payment Services Limited27.98×13.72%₹22.77
This issue21.7×17.85%₹1.57

derived: cut-off price Rs34 / stated EPS Rs1.57 (FY2026 (year ended March 31, 2026) diluted EPS, restated consolidated, Ind AS 33). Peer figures are as printed in the prospectus — they date from its filing, not today. A multiple is one lens, not a verdict.

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹32 – ₹34
Cut-off price₹34
Issue size₹1,092 Cr
Shares per lot441
Minimum application₹14,994
Minimum quantity441
Face value₹1
Listing exchangesBSE,NSE
ISININE0PTN01011
Bidding hours10:00 – 17:00 IST
Bidding window24 Sept 2026 – 28 Sept 2026

Not here yet

The anchor-investor allocation — which institutions were allotted shares before bidding opened — is still to be read out of its document.