Moneyview IPO

About Moneyview IPO

The Moneyview IPO opens on Thursday, September 24, 2026 and closes on Monday, September 28, 2026. The allotment of shares will take place on Tuesday, September 29, 2026. The listing of shares will take place on Thursday, October 01, 2026.

Moneyview IPO's price band is set at ₹32 to ₹34 per share. The lot size for an application is 441. The minimum amount of investment required by a retail investor is ₹14,994 (441 shares) based on the upper price.

The offer consists of both a fresh issue and an offer for sale component. The fresh issue will include 220,588,235 shares aggregating up to ₹750 crore. The offer for sale portion includes up to 100,494,200 shares of ₹1 face value aggregating up to ₹342 crore. The total number of shares and aggregate amount are 321,082,435 shares aggregating up to ₹1,092 crore.

Moneyview Limited is a consumer-focused, digital-only, credit-led financial services platform serving Middle India through a network of Financial Partners, including its NBFC subsidiary, on the Moneyview mobile application.

The company operates a capital-light lending-service-provider model and, as of June 30, 2026, worked with 48 Financial Partners, including 22 regulated entities. Managed AUM under its personal loan programme stood at ₹22,520.17 crore as of June 30, 2026.

Objectives of Moneyview IPO

• Investment to drive growth in loan disbursals under default loss guarantee (DLG) arrangements
  
• Investment in Whizdm Finance Private Limited (WFPL), the Company's Material Subsidiary, for the purpose of augmenting its capital base
  
• General corporate purposes.
  

Industry Outlook

India's retail credit market is expanding fast. According to the Redseer Report referenced in the RHP, retail loan sanctions are projected to grow at a CAGR of 13-15%, from ₹76.6 trillion in FY2026 to ₹138-151 trillion by FY2031P. Within this, unsecured loans are the faster-growing pocket, expected to grow at a CAGR of 17-19% over the same period. Growth is being led by Middle India and by data-led digital credit.

Digital personal loans are the sharpest edge of this shift. They accounted for around 15% of unsecured personal loans sanctioned in FY2026 and are projected to grow at a CAGR of 26-27% between FY2026 and FY2031P, driven by AI/ML-based underwriting and alternative-data models. Personal loans overall are projected to reach ₹33-36 trillion by FY2031P. Full-stack digital platforms that combine lending, insurance, payments, and investments are emerging as a structurally differentiated model.

Moneyview Limited is positioned within this pocket. The RHP states that the company accounted for approximately 10.5% of total digital unsecured personal loan sanctions and around 1.6% of overall unsecured personal loan sanctions in FY2026, and was the largest full-stack digital lending platform among its digital lending platform peers in India as of FY2025 by assets under management.

About Moneyview

Moneyview Limited was founded in 2014 by Puneet Agarwal and Sanjay Aggarwal. It is a consumer-focused, digital-only, credit-led financial services platform for Middle India. Its offerings are structured across four categories — Borrow, Transact, Invest, and Protect — delivered through the Moneyview mobile application. Personal loans, launched in Fiscal 2017, remain the flagship product, offering instant, fully digital loans of up to ₹1.00 million with repayment tenures of up to 60 months.

The Company operates as a lending service provider. As of June 30, 2026, it served 99.04% of pin codes across India with no physical branches and processed close to 200,000 loan applications per day with minimal human intervention. It had 798 employees as of June 30, 2026, with more than 50% in technology and data roles. The platform had monetized 11.90 million users, and the Moneyview application carried a 4.8-star rating on a mobile application store as of June 30, 2026.

Its user base is concentrated in Middle India. As of June 30, 2026, Monetized Users of the personal loan product had an average age of 32 years, and 79.54% resided in Tier 2 and beyond cities. Whizdm Finance Private Limited, the Company's NBFC subsidiary, underwrites and disburses loans directly to borrowers.

Strengths of Moneyview

• Registered Users grew from 83.27 million as of March 31, 2024 to 140.28 million as of June 30, 2026, feeding a self-reinforcing flywheel of data, personalisation, and repeat usage.
• In-house AI/ML models trained on over 100,000 data variables reduced annualised loss rates on facilitated loans from 7.93% in FY 24 to 6.95% in FY 26.
• Operating expenses as a percentage of total income fell from 56.42% in FY 24 to 34.84% in FY 26, reflecting a scalable, technology-led cost structure.
• A capital-light lending-service-provider model is supported by 48 Financial Partners, including 22 regulated entities, as of June 30, 2026.
• Managed AUM under the personal loan programme reached ₹22,520.17 crore as of June 30, 2026, with NBFC subsidiary WFPL contributing 25.12%.
• Personal loan disbursals grew 31.08% between FY 25 and FY 26, and FY 26 total income rose 43.13% to ₹3,404.27 crore.

Risks of Moneyview

• All portfolio loans facilitated through the platform are unsecured, so a rise in borrower defaults would increase impairment losses and directly reduce profitability.
• The top ten Financial Partners contributed 37.36% of revenue from operations in FY 26, creating concentration risk if any key partner leaves the platform.
• Fees and commission income made up 56.68% of revenue from operations in FY 26, so any reduction in commission rates or product volumes would materially lower revenue.
• The company recorded negative operating cash flows of ₹950.90 crore in FY 26 because loan disbursals are recorded as operating outflows, which could strain liquidity if borrowing access tightens.
• Gross Stage 3 loans stood at 2.74% of total gross loans as of March 31, 2026, and any further deterioration would raise provisioning and compress earnings.
• The business operates under a stringent and evolving RBI regulatory framework, and changes to DLG, provisioning, or lending-service-provider rules could restrict operations and raise costs.

Anchor Investor Bidding Date

Wednesday, September 23, 2026

IPO Registrar and Book Running Lead Managers

Registrar Details
MUFG Intime India Private Limited
Tel: +91 810 811 4949
E-mail: moneyview.ipo@in.mpms.mufg.com

Book Running Lead Managers:

• Axis Capital Limited
  
• BofA Securities India Limited
  
• IIFL Capital Services Limited
  
• Kotak Mahindra Capital Company Limited
  

Moneyview Contact Details
17/1, 1st and 2nd Floor, The Address, Building, Outer Ring Road, Marathahalli,
Kadubeesanahalli, Bangalore 560 103, Karnataka, India
Phone: +91 80 6765 0903
Email id: investor.relations@moneyview.in

Moneyview Business Model

The company earns its revenue through fees and commission income paid by its Financial Partners for facilitating financial products on its platform, and through interest income earned by its NBFC subsidiary, Whizdm Finance Private Limited, on the portfolio loans it underwrites and disburses. As a lending service provider, the Company handles user acquisition, credit evaluation, onboarding, collections, and servicing for its partners across the Borrow, Transact, Invest, and Protect categories. Its capital-light structure lets it scale product volumes without carrying most loans on its own balance sheet, while its NBFC subsidiary provides a direct-lending arm serving Middle India customers.

Moneyview Growth Trajectory

Moneyview's Total Income for FY 26 was ₹3,404.27 crore, whereas in FY 25 and FY 24 it was ₹2,378.53 crore and ₹1,389.24 crore, respectively.

The Profit After Tax for FY 26 was ₹242.71 crore, whereas in FY 25 and FY 24 it was ₹240.28 crore and ₹171.15 crore, respectively.

Their EBITDA for FY 26 was ₹968.92 crore, whereas in FY 25 and FY 24 it was ₹697.98 crore and ₹328.70 crore, respectively.

Moneyview Market Position

Moneyview operates a pan-India, fully digital distribution model. As of June 30, 2026, it served 99.04% of pin codes across India with no physical branches and worked with 48 Financial Partners, including 22 regulated entities. Its reach is concentrated in Middle India, with 79.54% of Monetized Users residing in Tier 2 and beyond cities.

As of March 31, 2026, the company's Total Income, Profit After Tax, and EBITDA were ₹3,404.27 crore, ₹242.71 crore, and ₹968.92 crore, respectively.

How to apply for Moneyview IPO?

• Step 1: Log in to your Kotak Neo Demat account to access IPO investments. Next, select the current IPO section.
• Step 2: Specify IPO details. Enter the number of lots and the price you wish to apply for.
• Step 3: Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.
• Step 4: Mandate Notification. Your UPI app will receive a mandate notification to block funds.
• Step 5: Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.