Upcoming IPO: Moneyview files DRHP with SEBI for IPO
Indian fintech unicorn Moneyview has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on March 3, 2026.
Issue Size: The Bengaluru-headquartered company’s proposed IPO will consist of a fresh issue of equity shares aggregating up to ₹1,500 crore, along with an Offer for Sale (OFS) of up to 13.6 crore existing shares by shareholders, Puneet Agarwal, Crimson Winter Limited, Accel India IV (Mauritius) Limited, Accel Growth IV Holdings (Mauritius) Ltd, and Apis Growth II (Mimosa) Pte. Ltd.
BRLMs and Registrar: Axis Capital Limited, BofA Securities India Limited, IIFL Capital Services Limited (formerly known as IIFL Securities Limited), and Kotak Mahindra Capital Company Limited are the book-running lead managers, while MUFG Intime India Private Limited is the registrar to the issue.
The company will not receive any proceeds from the OFS, with all funds from that portion going directly to selling shareholders.
Use of Fresh Issue Proceeds
According to the DRHP filings, Moneyview plans to deploy the net proceeds from the fresh equity issue towards the following objectives:
- ₹650 crore to accelerate loan disbursals under Default Loss Guarantee (DLG) arrangements;
- ₹450 crore to augment the capital base of its NBFC subsidiary, Whizdm Finance Private Ltd; and
- The rest is for general corporate purposes.
About Moneyview
Founded in 2014 by IIT graduates Puneet Agarwal and Sanjay Aggarwal, Moneyview is a consumer-focused, digital-only, credit-led financial services platform that offers a suite of lending, payments, and personal finance products.
The company, backed by a host of marquee global investors, has reported strong asset growth, with assets under management (AUM) nearing ₹19,814 crore as of December 31, 2025.
Moneyview’s total revenue from operations surged 74.25% year-on-year to ₹2,339.15 crore in Fiscal 2025, compared to ₹1,342.37 crore in FY 2024. At the same time, restated profit for the year rose 40.39% to ₹240.28 crore in FY 2025, up from ₹171.15 crore in the previous fiscal, indicating improved profitability alongside revenue expansion.
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