✅ Subscribe Listed Financial Technology (Fintech)

Moneyview Limited IPO

₹1092 Cr · Fresh Issue & OFS · Financial Technology (Fintech)

Price Band
₹32 – ₹34
GMP (Grey Market)
—
No GMP data yet
Issue Size
₹1092 Cr
Fresh Issue & OFS
Market Cap
₹5984.79 Cr
At upper band
P/E Ratio
24.7x
P/S: 1.8x
Listing Date
01 Oct 2026
BSE & NSE
IPO Timeline
✓
Opens
24 Sep 2026
✓
Closes
28 Sep 2026
✓
Allotment
29 Sep 2026
✓
Refund
30 Sep 2026
✓
Listing
01 Oct 2026
📄 Official Docs RHP (Red Herring Prospectus) ↗ DRHP ↗
Listing Performance
Issue Price
₹34
Allotment price
Listing Price
₹55.61
+63.56% on listing day
Current Price (CMP)
₹49.93
+46.9% vs issue
Listed On
01 Oct 2026
BSE & NSE
Our Analysis — Key Points
✓ Strength
Exceptional profit growth trajectory
Net profit CAGR of 60.9% over two years (₹67.2 Cr to ₹242.7 Cr) demonstrates strong operational leverage and unit economics improvement. This growth rate significantly outpaces revenue CAGR of 23.1%, indicating improving operational efficiency and scale benefits in the lending business.
✓ Strength
Fair valuation at sector midpoint
P/E of 24.7× is exactly 1.03× the fintech/NBFC sector midpoint of 24×, placing the company squarely within the fair value band for the sector. The 101.87× subscription and backing by tier-1 lead managers (Axis, BofA, Kotak) validate market confidence at this price.
⚠ Risk
Significant promoter dilution post-IPO
Promoter holding falls from 23.96% to 19.31% after the issue, reducing founder alignment and control. At 19.31%, promoters hold less than one-fifth of the company, which may weaken governance oversight and long-term strategic continuity.
⚠ Risk
Thin net profit margins in competitive market
NPM of 7.2% is below the 15% threshold and leaves limited room for cost pressures or competitive pricing pressure in fintech lending. Any deterioration in asset quality or increase in credit losses could rapidly compress profitability.
₹ Valuation
Valuation fairly priced at sector norm
P/E of 24.7× sits at 1.03× the fintech sector midpoint (18–30× range), and P/S of 1.8× is reasonable for a high-growth lender. However, the 7.2% NPM means the company is not trading at a premium margin multiple, so valuation is justified but not discounted.
👁 Watch
Monitor asset quality and credit costs
Post-listing, track quarterly loan disbursals under DLG arrangements (₹325 Cr allocated) and any deterioration in default rates or loss provisions. Rising credit costs could quickly erode the thin 7.2% margin and justify a re-rating downward.
Top Analyst Reviews
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Company Snapshot
Revenue ₹3351.16 Cr
Net Profit ₹242.71 Cr
Industry Financial Technology (Fintech)
Issue Type Fresh Issue & OFS
Promoters PUNEET AGARWAL, SANJAY AGGARWAL AND SUSHMA ABBURI
Lead Managers Axis Capital, BofA Securities, IIFL Capital Services and Kotak Mahindra Capital
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