Home / Business and Economy / Moneyview IPO Allotment Today: Check Your Status
Moneyview IPO Allotment Today: Check Your Status
29 Sep
Summary
- Moneyview IPO finalized today, Sept 29, after strong subscription.
- IPO subscribed 98.46 times; QIBs and NIIs showed high interest.
- Listing expected Oct 1 on BSE and NSE; grey market premium is 37.5%.
The Moneyview IPO allotment is scheduled for finalization today, September 29, after the fintech company's public issue was subscribed 98.46 times. The Rs 1,091.68-crore issue saw overwhelming interest, particularly from Qualified Institutional Buyers (QIBs), whose portion was subscribed 227.45 times.
Non-Institutional Investors (NIIs) subscribed their portion 115.41 times, while the retail category received 19.57 times subscription. Refunds and share credits for successful applicants are expected on September 30, with the shares slated for listing on both the BSE and NSE on October 1.
Ahead of the allotment, Moneyview shares traded at a significant grey market premium (GMP) of approximately 37.5%, suggesting an indicative listing price of Rs 46.75 against the upper IPO price band of Rs 34. The company plans to use Rs 325 crore from the IPO proceeds to increase loan disbursals and Rs 250 crore for its subsidiary, Whizdm Finance.
For FY26, Moneyview reported revenues of Rs 3,404.27 crore and a profit of Rs 242.71 crore. The company also demonstrated strong performance in the June 2026 quarter, with net profit rising to Rs 173.8 crore on revenues of Rs 1,041.1 crore.
