India, Oct. 1 -- Digital lender Moneyview made a stellar stock market debut today, with its shares listing at Rs.55.6 on the BSE, a premium of 64% over the issue price of Rs.34.

On the NSE, the stock listed at Rs.55, marking a premium of nearly 62% over the issue price. Moneyview's market capitalisation at the time of listing stood at Rs.9,788.6 Cr (about $1.01 Bn) on the BSE.

Moneyview had fixed the IPO price band at Rs.32-Rs.34 per share, valuing the company at Rs.5,985 Cr ($624 Mn). The company's Rs.1,092 Cr IPO comprised a fresh issue of shares worth up to Rs.750 Cr and an OFS of up to 10.05 Cr shares.

The IPO was fully subscribed within hours on the first day of bidding, and closed with an oversubscription of 98.46X. QIBs oversubs...