Moneyview IPO: 98x subscription, 3rd biggest Rs.1,000 cr issue; GMP signals 41% premium - allotment, listing date
New Delhi, Sept. 28 -- The initial public offering of digital lending platform Moneyview has received a solid response from all sections of investors through the three-day bidding window, making it the third Rs.1,000 crore issue to see a subscription of over 95 times in 2026.
The non-institutional investors (NII) portion was oversubscribed 120 times, while the qualified institutional buyers (QIB) segment was booked 230 times. The retail investors' quota also attracted strong demand, with subscriptions reaching 20 times.
Overall, the IPO received bids for 2,289.52 crore shares against 23.25 crore shares on offer, translating into an overall subscription of 98.5 times. The issue was fully subscribed on the first day of bidding on Thursday...
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