Moneyview Limited files DRHP for ₹1,500 crore IPO

Bengaluru-headquartered credit-led fintech unicorn Moneyview Limited has filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The proposed IPO includes a fresh issue of equity shares worth up to ₹1,500 crore and an offer for sale of up to 13.6 crore equity shares by existing shareholders. The company operates the Moneyview App, which offers products across the categories of borrow, transact, invest and protect. Moneyview was founded in 2014 by Puneet Agarwal, Managing Director and Chief Executive Officer, and Sanjay Aggarwal, Executive Director and Chief Technology Officer. The founders are graduates of IIT Delhi. The company said it has been profitable since FY2022. It reported a 61 per cent year-on-year increase in profit before tax in FY2025 compared with FY2024. Revenue stood at ₹2,379 crore in FY2025. Net profit was ₹240 crore. For the nine months ended December 31, 2025, revenue was ₹2,409 crore. Net profit before exceptional items was ₹245 crore. The company said this surpassed its full-year FY2025 revenue and profit. Moneyview’s flagship product is digital personal loans, launched in 2017. Managed assets under management (AUM) stood at ₹19,814 crore as of December 31, 2025. The company said it accounted for about 11 per cent of total digital unsecured personal loan sanctions in FY2025. It also reported the highest AUM in the segment among unlisted peers. Moneyview said its operating expenses as a percentage of total income declined from 62.84 per cent in FY2023 to 35.19 per cent in the nine-month period ended December 31, 2025. Return on equity stood at 15.9 per cent as of December 31, 2025. The company said it has over 125 million users. Nearly 79 per cent of users are from Tier 2 and beyond cities. It said coverage spans 99.55 per cent of pin codes in India. Moneyview plans to use ₹650 crore from the fresh issue to fund loan disbursals under Default Loss Guarantee arrangements. It will invest ₹450 crore in its subsidiary, Whizdm Finance Private Limited, to augment its capital base. The remaining funds will be used for general corporate purposes. The equity shares are proposed to be listed on the BSE and NSE. Axis Capital Limited, BofA Securities India Limited, IIFL Capital Services Limited and Kotak Mahindra Capital Company Limited are the book-running lead managers to the issue. (With inputs from businessline intern Tejaswini S) Published on March 4, 2026