Moneyview IPO Subscribes 1.4x on Day 2

Economic Times Markets · stocks

The Moneyview IPO is on its second day of subscription, having already been fully subscribed on day one. The Rs 1,091.68-crore issue comprises a fresh issue and an offer for sale, with a price band of Rs 32-Rs 34 per share. Grey market premiums indicate a potential 38.24% listing gain, signalling strong investor interest. Proceeds will primarily fund the expansion of its lending business and strengthen its subsidiary's capital base. The subscription window closes on September 28, 2026.