About the Business
Incorporated in 2014, Moneyview Ltd. is an Indian financial technology company providing digital credit and financial services through its proprietary mobile application platform. The company focuses on delivering technology-driven financial solutions to underserved segments, primarily operating personal loan distribution, credit score tracking, and digital financial management tools.
The platform functions as a two-sided marketplace connecting individual borrowers seeking credit with institutional partners, including commercial banks, non-banking financial companies (NBFCs), and insurance providers. Leveraging machine-learning algorithms and alternative data analytics to assess borrower creditworthiness, Moneyview provides an unassisted, end-to-end digital lending journey. Its suite of financial products has expanded beyond unsecured personal loans into digital insurance, co-branded credit cards, digital gold, utility bill payments, and earned wage access (EWA).
- Extensive User Ecosystem: Maintained over 140.28 million registered users across India as of June 30, 2026.
- Broad Institutional Integration: Integrated with 48 financial partners, comprising top-tier banks and NBFCs, to disburse credit seamlessly.
- Proprietary Risk Scoring: Utilizes automated risk analytics and proprietary underwriting models to ensure fast loan turnaround times while controlling credit defaults.
- Technology-Driven Operations: More than 50% of the company’s permanent workforce is dedicated to engineering, product design, and data science functions as of June 30, 2026.
- Workforce Scale: Supported by 1,933 personnel across its operations (including 798 permanent employees and 1,135 contractual personnel) as of June 30, 2026.
The company’s promoters are Puneet Agarwal, Sanjay Aggarwal, and Sushma Abburi.
Company Financials
Moneyview Ltd.’s revenue increased by 43% and profit after tax (PAT) rose by 1% between the financial year ending with March 31, 2026 and March 31, 2025. In the first quarter ended June 30, 2026, the company generated total income of ₹1,065.09 Cr and a PAT of ₹173.80 Cr.
| Period Ended | 30 Jun 2026 | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|---|
| Assets | 8,641.89 | 8,104.85 | 5,632.42 | 3,519.50 |
| Total Income | 1,065.09 | 3,404.27 | 2,378.53 | 1,389.24 |
| Profit After Tax | 173.80 | 242.71 | 240.28 | 171.15 |
| EBITDA | 424.28 | 968.92 | 697.98 | 328.70 |
| NET Worth | 2,415.20 | 2,225.42 | 1,918.66 | 1,606.64 |
| Reserves & Surplus | 2,374.84 | 2,185.06 | 1,878.10 | 1,569.21 |
| Total Borrowing | 5,484.76 | 5,157.04 | 3,413.37 | 1,708.92 |
Amount in ₹ Crore
Key Performance Indicator (KPI)
IPO Valuation
| Valuation Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 1.58 | 3.95 |
| P/E ratio (x) | 21.52 | 8.61 |
| Market Cap at Offer Price | ₹5,234.79 Cr | ₹5,984.79 Cr |
Post-IPO P/E calculated on annualized Q1 FY27 earnings at the upper price band of ₹34
Issue Reservation
| Investor Category | Allocation Share |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
IPO Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Fresh Issue towards the following objects:
- Investment to drive growth in loan disbursals under default loss guarantee (DLG) arrangements ₹325.00 Cr
- Investment in WFPL, the Material Subsidiary, for augmenting its regulatory capital base ₹250.00 Cr
- Funding general corporate purposes Balance
Moneyview Ltd. has scaled into one of India’s most expansive consumer fintech ecosystems, amassing over 140 million registered users through its proprietary credit-underwriting and financial management architecture. Rather than acting merely as an on-balance-sheet lender, the company functions as a capital-efficient platform partner integrated with 48 banking and NBFC institutions. This two-sided network design allows Moneyview to earn recurring origination fees while avoiding the full capital burden of carrying credit risk.
Financially, the company has demonstrated strong top-line momentum, with FY26 total income advancing 43% to ₹3,404.27 Cr and EBITDA expanding to ₹968.92 Cr. While FY26 PAT growth remained flat at ₹242.71 Cr due to increased borrowing costs and platform investments, the first quarter of FY27 saw an explosive earnings recovery, generating ₹173.80 Cr in profit in just three months. The primary capital allocation of ₹575 Cr towards Default Loss Guarantee (DLG) credit backing and subsidiary capital infusion will further unlock co-lending velocity. At the upper price band of ₹34, the issue commands a post-issue P/E of 8.61x on annualized FY27 earnings against an overall market capitalization of ₹5,984.79 Cr. Given its profitable unit economics, seasoned institutional venture backing, and reasonable valuation relative to listed digital lending peers, investors with an appetite for consumer fintech growth may consider this issue with a medium-to-long-term view.
