Moneyview IPO: Fintech unicorn files DRHP with SEBI for ₹1,500 crore fresh issue, OFS of 13.6 crore shares

Moneyview IPO: Fintech unicorn Moneyview Ltd has filed draft red herring prospectus (DRHP) with the markets regulator, the Securities and Exchange Board of India (SEBI), to raise funds via an initial public offering (IPO).

The proposed initial share sale will consist of a fresh issuance of shares aggregating to ₹1,500 crore and an offer for sale (OFS) component of 13.60 crore shares.

Under the OFS, promoter selling shareholders Puneet Agarwal and Sanjay Aggarwal, along with investors like Crimson Winter, Accel India IV (Mauritius) Ltd, Internet Fund III, NLI Strategic Venture Investment, TI JPNIN India Holdco Ltd, Accel Growth IV Holdings (Mauritius) Ltd, Ribbit Capital and Apis Growth II (Mimosa) Pte Ltd, will offload their stake.

The firm may also consider a pre-IPO placement for up to ₹300 crore. If this development occurs, the fresh issue component will be cut.

The company plans to utilise the proceeds from the fresh issue to expand its financial services business. Of the total, ₹650 crore will be used to support loan disbursals under Default Loss Guarantee (DLG) arrangements, while ₹450 crore will be invested in its material subsidiary, Whizdm Finance, to strengthen its capital base and the remaining funds will be used for general corporate purposes.

Moneyview, founded by IIT Delhi graduates Puneet Agarwal and Sanjay Aggarwal in 2014, operates a digital-first fintech platform focused on consumer lending and financial services. Its mobile application provides an array of financial products across borrowing, payments, investments and insurance, allowing users to access multiple services on a single platform.

The company's flagship product is its digital personal loan offering, launched in 2017, which continues to be a key driver of growth.

As of December 2025, Moneyview reported managed assets under management (AUM) of ₹19,814 crore. The company accounted for about 11% of total digital unsecured personal loan sanctions in FY25, as per the draft papers.

Moneyview posted revenue from operations of ₹2,379 crore and a net profit of ₹240 crore in FY25.

The platform has built a user base of over 125 million, with nearly 79% of users coming from tier-2 cities and beyond. Moneyview said its technology and AI-led operating model enable a fully digital lending experience while maintaining a capital-light structure through partnerships with multiple lenders.

Axis Capital, IIFL Capital Services, BofA Securities India and Kotak Mahindra Capital Company are the issue's merchant bankers, while MUFG Intime India is the registrar.