September 21, 2026
Article News

Lending platform Moneyview cuts IPO size, halves fresh issue from Rs 1,500 crore to Rs 750 crore

  • September 15, 2026
  • 0

Moneyview, an Indian fintech and digital lending platform, has halved the contemporary difficulty in its proposed IPO to Rs 750 crore from Rs 1,500 crore. The corporate has additionally


Moneyview, an Indian fintech and digital lending platform, has halved the contemporary difficulty in its proposed IPO to Rs 750 crore from Rs 1,500 crore. The corporate has additionally lowered the offer-for-sale (OFS) part to about 10.04 crore fairness shares from as much as 13.61 crore shares proposed earlier.

Moneyview introduced the modifications on 14 September, about two-and-a-half months after SEBI issued its observations on the corporate’s draft supply paperwork.

The regulator issued its observations on 29 June, permitting Moneyview to proceed with the IPO topic to the remaining regulatory and procedural necessities.

A number of investor promoting shareholders have lowered the variety of shares they plan to promote via the OFS. They embody investors related to Accel and Tiger International, in addition to Crimson Winter, Ribbit Capital and NLI Strategic Enterprise Investment.

The proposed share gross sales by promoters Puneet Agarwal and Sanjay Aggarwal stay unchanged. Chitra Agarwal’s OFS portion additionally stays unchanged at as much as 1,935,400 shares, or about 19.35 lakh shares.

Underneath the revised plan, Moneyview intends to make use of Rs 325 crore of the web proceeds from the contemporary difficulty to assist progress in mortgage disbursals below default loss assure preparations.

An additional Rs 250 crore will probably be invested in Whizdm Finance, its NBFC subsidiary, to strengthen its capital base. The remaining web proceeds will probably be used for basic company functions.

Moneyview has not disclosed the rationale for lowering the scale of the proposed providing or introduced when the IPO will open.

The corporate filed its DRHP in March 2026. The unique supply comprised a contemporary difficulty of shares price as much as Rs 1,500 crore and an OFS of as much as 136,095,900 fairness shares.

The draft papers additionally offered for a doable pre-IPO placement of as much as Rs 300 crore. If accomplished, the quantity raised via the location could be deducted from the contemporary difficulty.

Accel is Moneyview’s largest institutional shareholder. Accel India IV (Mauritius) Restricted holds 14.70% of the corporate on a totally diluted pre-offer foundation, whereas Accel Progress IV Holdings (Mauritius) Ltd holds 7.19%, giving the 2 entities a mixed stake of 21.89%.

Web Fund III Pte Ltd, an investor related to Tiger International, holds 13.79%, whereas Ribbit Capital owns 10.20%.

Moneyview was included in 2014 and operates a digital monetary providers platform, with lending forming a key a part of its enterprise. It really works with banks and NBFCs and likewise undertakes lending via Whizdm Finance.

The corporate reported income from operations of Rs 2,339.15 crore for the monetary 12 months ended March 2025, up from Rs 1,342.37 crore a 12 months earlier, whereas profit for FY25 rose to Rs 240.28 crore from Rs 171.15 crore in FY24.

For the 9 months ended 31 December 2025, Moneyview reported income from operations of Rs 2,373.30 crore and revenue of Rs 209.74 crore.

Its managed belongings below administration stood at Rs 19,814.82 crore on the finish of December 2025, in contrast with Rs 16,715.14 crore on the finish of March 2025.