Published on 04/03/2026 08:17 PM
Moneyview plans ₹1,500-crore IPO; 13.6-crore share OFSMoneyview, backed by Accel, Tiger Global, and Apis Partners, filed its DRHP with SEBI for an IPO, including ₹1,500 crore in fresh equity and an OFS of 13.6 crore shares.By Srabastee Biswas March 4, 2026, 8:17:34 PM IST (Published)2 Min ReadFinancial services platform Moneyview, backed by Accel, Tiger Global and Apis Partners, has submitted its draft red herring prospectus (DRHP) to SEBI on March 3, for a proposed initial public offering.
The public issue will consist of a fresh issue of equity shares aggregating ₹1,500 crore along with an offer for sale (OFS) of 13.6 crore shares by existing shareholders. Promoters Puneet Agarwal and Sanjay Aggarwal, as well as investors including Apis Partners, Crimson Winter, Accel, Tiger Global Management, NLI Strategic Venture Investment, Ribbit Capital and TI JPNIN India, will divest stakes under the OFS.
Among institutional investors, Accel holds the largest stake at 21.31%, followed by Tiger Global’s Internet Fund III with 13.79%, Ribbit Capital at 10.2%, and Apis Growth at 6.61%.
The company may also raise up to ₹300 crore in a pre-IPO placement, which will be adjusted against the fresh issue portion.
Moneyview plans to deploy ₹650 crore from the fresh issue proceeds to expand loan disbursals under default loss guarantee (DLG) arrangements and ₹450 crore to strengthen the capital base of its NBFC subsidiary, Whizdm Finance. The balance will be allocated towards general corporate requirements.
Founded in 2014, Moneyview operates as a digital-only, credit-focused financial services platform catering to middle-income customers. It partners with 22 regulated entities, including its subsidiary Whizdm Finance, to offer personal loans and other financial products. Its offerings include personal loans, insurance, credit cards, digital gold, payments and earned wage access.
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For the nine months ended December 2025, the company reported a profit of ₹209.7 crore on revenue of ₹2,373.3 crore. In FY25, profit increased 40.4% to ₹240.3 crore from ₹171.1 crore in the previous year, while revenue climbed 74.3% to ₹2,339.1 crore from ₹1,342.4 crore.
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Axis Capital, BofA Securities India, IIFL Capital Services and Kotak Mahindra Capital Company are acting as merchant bankers to the issue.Continue Reading(Edited by : Shoma Bhattacharjee)Tagsinitial pubic offering IPOSEBI