Neutral impactIPO
Moneyview IPO subscribed 44% so far on Day 1: Check price band, lot size and key dates
Upstox 8 hrs ago·24 Sept 2026, 3:08 am
Moneyview, a digital lending platform, has opened its Initial Public Offering (IPO) for subscription today. The issue, which allows retail investors to bid for shares, has seen 44% subscription on the first day. The company is offering shares in the price band of ₹76-80 each, with a lot size of 195 shares. The IPO will close on October 4, 2023. The company aims to raise ₹1,050 crore through this offering.
For investors, the IPO presents an opportunity to invest in a company that has seen rapid growth in the digital lending space. The company's financials show a strong revenue growth, but it also has a high debt-to-equity ratio. Investors should keep an eye on the grey market premium and the overall market sentiment before subscribing.
Investors should also consider the company's business model and its competitive landscape. The digital lending space is highly competitive, with many players vying for market share. The company's ability to maintain its growth trajectory will be key to its future success. Investors should also keep an eye on the company's future growth prospects and its ability to generate profits.
Key takeaways
- Category: IPO.
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