India, Sept. 24 -- Digital lender Moneyview's Rs.1,092 Cr IPO was subscribed 65% by 12:48 IST on the first day of bidding today. The public issue received bids for 15.19 Cr shares against 23.25 Cr shares on offer, according to BSE data.

Retail investors led the demand, placing bids for 10.89 Cr shares against the 11.72 Cr shares reserved for them. This translated into a subscription of 93%.

The portion reserved for non-institutional investors (NIIs) was subscribed 85%, receiving bids for 4.29 Cr shares against 5.02 Cr shares on offer. Within the category, the portion reserved for investors bidding between Rs.2 Lakh and Rs.10 Lakh was subscribed 1.33 times. Meanwhile, the portion for bids exceeding Rs.10 Lakh was subscribed 62%.

The qua...