The brief
- Moneyview opened at ₹55.61 on BSE, 63.56% above its IPO price
- The IPO was subscribed 98.46 times
- The debut gives investors an early market read on appetite for digital lenders
- India's Moneyview jumps nearly 62% in debut after $114 million IPO
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- 6 Buy recommendations by Nomura, with 10% to 45% upside potential
- Moneyview IPO: Ribbit Capital Bags 11.85X Return, Tiger Global Scores 3.42X
Moneyview IPO and stock-market debut
Moneyview raised ₹1,091.68 crore through an IPO that included a ₹750 crore fresh issue. Final-day subscription estimates ranged from 14.24 to 31.41 times, and shares listed at a 61.76% premium on NSE and 63.56% on BSE.
Thursday, 1 October
- Moneyview lists at about 63% premium to its IPO price