GENERAL24 Sept 2026
Moneyview IPO nearly fully subscribed on day 1, brokerages bullish
Moneyview's ₹1,091.68 crore IPO opened for bidding on September 24, 2026 and closes September 28. Bids were nearly fully subscribed on day one, with the retail portion at 1.25 times. Brokerages give it a 'subscribe' rating, citing strong growth. One lot is 441 shares, costing ₹14,994 at the top price band. Allotment is expected on September 29, so check your application status then.
Key Statutory Highlights
- Moneyview's ₹1,091.68 crore IPO opened for bidding on September 24, 2026 and will close on September 28, 2026.
- By September 24, the issue was subscribed 0.90 times overall, with the retail category at 1.25 times and the NII category at 1.26 times.
- The price band is ₹32 to ₹34 per share, and one lot of 441 shares needs a minimum investment of ₹14,994 at the upper band.
Actionable Advice for Taxpayers / Founders:If you want to apply, submit your bid before the issue closes on September 28, 2026, and check allotment after September 29. Broker ratings are opinions, not guarantees, so invest only as per your own risk appetite.
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
Share: