Strong profit growth prompted Moneyview to reduce IPO size: MD & CEO Agrawal
Indian markets moved lower in an ipo & listings development.
21 Sept 2026 · Economic Times Markets
Moneyview reduced its public offer to Rs 1,092 crore from Rs 1,500 crore. This decision stems from robust profit growth and adequate internal cash generation. The company fixed its price band at Rs 32-34 per equity share for the IPO. The IPO comprises a fresh issue and an offer for sale by existing shareholders. Proceeds will fuel lending business growth and new product development.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Related coverage
Jio IPO likely by Oct end at enterprise valuation of above ₹12 trillion
Jio IPO GMP latest price today: Grey market premium is rising day by day - Check expected price band
Wizz Financial bets on India with cross-border fintech push, eyes 2029 IPO
Reliance Jio IPO: Rs 37,700 crore mega issue, full schedule & 5 must-know details
Kanohar Electricals soars 20%; stock up 79% from IPO price in three weeks