Moneyview Files Draft Papers With SEBI For ₹1,500 Crore IPO

The proposed initial public offering comprises a fresh issue of equity shares aggregating up to ₹1,500 crore and an offer for sale of up to 13.6 crore equity shares, as per the DRHP filed with SEBI.

Invest in Indian Markets and Unlock Future Potential With 5paisa!

Open Account Now

Promoter group selling shareholders in the OFS include Puneet Agarwal and Sanjay Aggarwal, along with Chitra Agarwal, according to the filing. Investor selling shareholders include 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 disclosed in the DRHP.

Axis Capital Limited, BofA Securities India Limited, IIFL Capital Services Limited, and Kotak Mahindra Capital Company Limited are the book running lead managers to the issue, according to the document.

Fund Deployment Plan

As per the DRHP, ₹650 crore from the fresh issue will be deployed towards supporting loan disbursals under Default Loss Guarantee arrangements. The company has earmarked ₹450 crore for investment in its subsidiary, Whizdm Finance Private Limited, to augment its capital base. The balance amount will be utilised for general corporate purposes.

Business And Financial Performance

Incorporated in 2014, Moneyview operates in the digital lending segment. The company launched its digital personal loan product in 2017, which continues to be its principal offering, according to the DRHP.

Moneyview reported managed assets under management of ₹19,814 crore as of December 31, 2025. The company stated in its filing that it accounted for around 11% of total sanctions in the digital unsecured personal loan segment in FY2025.

The DRHP says that the company made ₹2,379 crore in sales and ₹240 crore in net profit in FY2025. The filing also states that it has been making money since FY2022 and that Profit Before Tax has increased by 61% from FY2024 to FY2025.

As stated in the draft papers filed with SEBI, the IPO has to be approved by the regulators and comply with the law.