Moneyview Sets ₹32-₹34 Price Band For ₹1,092 Cr IPO

by · Inc42

SUMMARY

  • Moneyview has set a price band of ₹32-₹34 per share for its IPO, which will open on September 24 and close on September 28.
  • At the upper end of the price band, Moneyview is eyeing a valuation of around ₹5,985 Cr, significantly below its $1 Bn+ valuation when it became a unicorn in 2024.
  • The IPO comprises a ₹750 Cr fresh issue and an OFS of 10.05 Cr shares worth about ₹342 Cr at the upper price band, taking the total issue size to around ₹1,092 Cr.