India, Sept. 30 -- Moneyview's IPO unlocked sizable gains for early investors, with Ribbit Capital fetching 11.85X its acquisition cost and Tiger Global realising 3.42X return on shares sold through the offer for sale (OFS).

Ribbit recorded the highest return multiple among institutional investors participating in the OFS, selling 1.14 Cr shares for Rs.38.61 Cr at the upper end of its IPO price band of Rs.32-Rs.34. Tiger Global's Internet Fund III sold 1.54 Cr shares for Rs.52.21 Cr.

Accel participated in the OFS through two funds. Accel India IV (Mauritius) sold 1.64 Cr shares for Rs.55.68 Cr, realising 6.39X its acquisition cost. It retains 21 Cr shares valued at Rs.714.01 Cr at the issue price.

Accel Growth IV Holdings sold 80.12 La...