Moneyview Shares Jump Nearly 93% Following Strong IPO Debut
2 reports, 1 independent
Updated 00:00
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What happened
Moneyview shares rose to Rs 65.47 apiece on the NSE, representing a nearly 93% gain over the IPO price of Rs 34. The company's market capitalization currently exceeds Rs 11,472 crore. This rally followed a three-day IPO that was subscribed around 102 times overall, raising Rs 1,092 crore.
From indiatimes.com
Why it matters
The successful IPO and subsequent sharp increase in share price reflect strong investor confidence in Moneyview, a digital-only, credit-led financial services platform. The offering included a fresh issue of shares worth Rs 750 crore and an offer for sale valued at Rs 342 crore.
From indiatimes.com
Who's involved
- Ravi SinghChief Research Officer at Master Capital Services, who advised tracking Moneyview's growth trajectory.
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The entities involved
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Ravi Singh
researcher (ORCID 0009-0009-9547-5968)
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