Moneyview

Fintech · Digital Lending · India

IPO

Moneyview shares soar 76% on IPO debut, valuation tops $1B

The stock priced at just 20-22 times earnings, a steep discount to the fintech sector's 82x multiple, hinting investors still want proof over hype.

• Moneyview debuted on India's NSE and BSE on October 1, 2026, surging as much as 76% intraday before closing up 67% at ₹56.75, valuing the fintech at roughly $1.09 billion.
• The Bengaluru-based digital lender connects over 140 million registered users to personal loans, credit cards, home loans, insurance and payments across 48 financial partners, including its own NBFC arm Whizdm Finance.
• The ₹1,092 crore (~$114M) IPO priced shares at ₹34 against a ₹32-34 band, implying a market cap of just $624M before listing; the offer was oversubscribed 98.5 times, led by institutional bids.
• FY26 revenue rose 43% to ₹3,351 crore; reported profit was roughly flat at ₹243 crore due to one-off charges, but underlying profit grew about 65% to ₹397.3 crore.
• Analysts at Swastika Investmart flagged Moneyview's listing multiple of 20-22x earnings as a significant discount to the 82x composite for listed digital-lending peers.
• A profitable, conservatively priced fintech IPO clearing $1B on debut signals that Indian public markets still reward underwritten credit businesses over speculative growth stories.