Moneyview Files DRHP With SEBI For IPO; Rs 1,500 Cr To Be Raised As Fresh Capital

In order to generate funds through an initial public offering (IPO), Moneyview Limited, a Fintech platform, has filed the draft red herring prospectus (DRHP) with capital markets regulator SEBI. The scheduled IPO of the Bengaluru-based company, according to the DRHP, combines an offer for sale (OFS) of up to 13.6 crore equity shares by the selling shareholders with a fresh issue of equity shares totalling up to Rs 1500 crore. It is proposed that the company's equity shares will be listed on the BSE and NSE.

The promoter selling shareholders who will be participating in the OFS segment are Puneet Agarwal and Sanjay Aggarwal, Promoter Group Selling Shareholder - Chitra Agarwal and Investor Selling Shareholders - Internet Fund III Pte. Ltd., Accel India IV (Mauritius) Limited, Accel Growth IV Holdings (Mauritius) Ltd., Crimson Winter Limited, Lok Capital IV LLC, Lok Capital Co-investment Trust, Ribbit Capital, Evolvence India Fund IV Limited, Apis Growth II (Mimosa) Pte. Ltd., NLI Strategic Venture Investment Limited, TI JPNIN India Holdco Ltd., TI Platform SMRS SMA, L.P. and DI Investment LLC.

As per the DRHP, the net proceeds from the fresh issue will be used by Moneyview to finance the expansion of its financial services business. Specifically, Rs 650 crore will be used to fund loan disbursements under Default Loss Guarantee (DLG) arrangements, Rs 450 crore will be invested in its material subsidiary, Whizdm Finance Private Limited (WFPL), to expand its capital base, and the remaining amount will be used for general corporate purposes.

The IPO's book-running lead managers are Axis Capital Limited, BofA Securities India Limited, IIFL Capital Services Limited, and Kotak Mahindra Capital Company Limited.

With a 61% year-on-year rise in Profit Before Tax (PBT) in FY2025 compared to FY2024, the company has been profitable since Financial Year 2022 and has maintained its growing pace. With a managed AUM of Rs 19,814 crore as of December 31, 2025, the company's flagship product, the digital personal loan, was introduced in 2017 and is a major source of revenue.

Leading the way in digital lending, Moneyview recorded the highest AUM in the digital unsecured personal loan category (among unlisted peers) and accounted for around 11% of all sanctions for digital unsecured personal loans in FY2025. The company recorded sales of Rs 2,379 crore and net profit of Rs 240 crore for FY2025, reflecting robust growth further.

With a Return on Equity (ROE) of 15.9% and a managed AUM of Rs 19,814 crore as of December 31, 2025, the company is still showing signs of development in profitability. In FY25, Moneyview recorded sales of Rs 2,379 crore and a net profit of Rs 240 crore. The company generated revenue of Rs 2,409 crore and net profit of Rs 245 crore for the nine-month period ending December 31, 2025 (9MFY26), surpassing its revenue and profit for the full year FY25.

In order to meet the growing demands of Middle India, Moneyview now provides a wide range of financial products, such as credit cards, earned wage access, home loans, loans against property, insurance, digital gold, UPI transactions, and bill payments.