Money View to raise ₹1092 crore through IPO

Account subscription benefits alongside Premium Stories, Editorials, Opinions and more. Unlock these with Subscription

Digital lending service provider Money View Ltd, is set to raise ₹1,092 crore through initial public offer.

The offer consists a fresh issue of ₹750 crore and current owners diluting ₹342 crore of their stake. The company fixed a price bank of ₹32 to ₹34 a piece and the shares can be bought in lots of 441 shares and the multiples thereof.

The company plans to use the proceeds from the IPO to fund loan disbursals under default loss guarantee (DLG) arrangements and to invest in its subsidiary “for the purpose of augmenting its capital base,” among other general corporate purposes.

The IPO opens for subscription on September 24 and closes on September 28, 2026.

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.