GENERAL28 Sept 2026
Moneyview IPO: 98x subscription, 3rd biggest ₹1,000 cr issue; GMP signals 41% premium - allotment, listing date | Stock Market News
Moneyview's ₹1,092 crore initial public offering ended with bids 98.5 times the shares on offer, making it 2026's third ₹1,000 crore-plus issue to cross 95 times. Non-institutional investors bid 120 times and institutions 230 times. Allotment is expected Tuesday, with listing after that. A ₹14 grey market premium points to a listing near ₹48, roughly 41% above the ₹34 upper band.
Key Statutory Highlights
- The ₹1,092 crore issue had a fresh issue of ₹750 crore and an Offer-for-Sale of 10.05 crore shares worth ₹342 crore.
- The price band was ₹32 to ₹34 per share, and the shares will list on both the NSE and BSE.
- Moneyview will use ₹325 crore of the fresh issue for lending operations and ₹250 crore to boost its NBFC subsidiary's capital.
Actionable Advice for Taxpayers / Founders:If you applied, check your allotment status on the registrar's site before planning any listing-day trade. The grey market premium is only an early indicator, so treat it as one input and not the sole basis for your decision.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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