Moneyview's IPO gives India's fintech startup boom another public-market test.

Fintech company Moneyview made a strong stock-market debut on October 1, opening at ₹55.61 on the BSE against an IPO price of ₹34 — a premium of about 64%. On the NSE, the shares opened at ₹55, nearly 62% above the issue price. The listing initially valued Moneyview at around ₹9,788.6 crore, compared with its IPO valuation of ₹5,985 crore.

The stock gave back part of those gains during the session. Moneyview touched an intraday high of ₹62 before closing at ₹54.03 on the BSE, still 58.9% above the issue price but 2.8% below its listing price. The company ended the session with a market capitalisation of roughly ₹9,510.5 crore.

Investor demand had been strong before listing. The ₹1,091.68 crore IPO was subscribed 98.46 times, with qualified institutional buyers subscribing 227.45 times their allocated portion, non-institutional investors 115.41 times and retail investors 19.57 times. The issue included a ₹750 crore fresh issue and an offer for sale worth about ₹341.7 crore.

Moneyview plans to use ₹325 crore of the fresh proceeds to support loan disbursals under default-loss guarantee arrangements, while another ₹250 crore is earmarked for strengthening the capital base of its NBFC subsidiary, Whizdm Finance. The company operates a digital financial-services platform spanning personal loans, investments, payments and insurance.

Its operating numbers have also expanded ahead of the listing. FY26 operating revenue rose 43.3% to ₹3,351.2 crore, while net profit was largely flat at ₹242.7 crore after exceptional losses. In Q1 FY27, revenue increased 50.2% year on year to ₹1,041.1 crore and profit rose to ₹173.8 crore. The strong debut reflects substantial initial demand, although longer-term public-market performance will depend on lending growth, credit quality and the economics of

Moneyview’s expanding financial-services business.Fintech company Moneyview made a strong stock-market debut on October 1, opening at ₹55.61 on the BSE against an IPO price of ₹34 — a premium of about 64%. On the NSE, the shares opened at ₹55, nearly 62% above the issue price. The listing initially valued Moneyview at around ₹9,788.6 crore, compared with its IPO valuation of ₹5,985 crore.

The stock gave back part of those gains during the session. Moneyview touched an intraday high of ₹62 before closing at ₹54.03 on the BSE, still 58.9% above the issue price but 2.8% below its listing price. The company ended the session with a market capitalisation of roughly ₹9,510.5 crore. Investor demand had been strong before listing. The ₹1,091.68 crore IPO was subscribed 98.46 times, with qualified institutional buyers subscribing 227.45 times their allocated portion, non-institutional investors 115.41 times and retail investors 19.57 times. The issue included a ₹750 crore fresh issue and an offer for sale worth about ₹341.7 crore.

Moneyview plans to use ₹325 crore of the fresh proceeds to support loan disbursals under default-loss guarantee arrangements, while another ₹250 crore is earmarked for strengthening the capital base of its NBFC subsidiary, Whizdm Finance. The company operates a digital financial-services platform spanning personal loans, investments, payments and insurance.

Its operating numbers have also expanded ahead of the listing. FY26 operating revenue rose 43.3% to ₹3,351.2 crore, while net profit was largely flat at ₹242.7 crore after exceptional losses. In Q1 FY27, revenue increased 50.2% year on year to ₹1,041.1 crore and profit rose to ₹173.8 crore. The strong debut reflects substantial initial demand, although longer-term public- market performance will depend on lending growth, credit quality and the economics of Moneyview’s expanding financial-services business.