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Moneyview Submits DRHP for Rs 1,500 Crore IPO; Accel, Tiger Global, Apis to Divest 13.6 Crore Shares
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Moneyview Files DRHP for Rs 1,500 Cr IPO; Accel, Tiger Global to Sell Shares
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Moneycontrol
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04-03-2026, 19:34
Moneyview Files DRHP for Rs 1,500 Cr IPO; Accel, Tiger Global to Sell Shares
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Moneyview filed its Draft Red Herring Prospectus (DRHP) with SEBI for a Rs 1,500 crore Initial Public Offering.
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The IPO comprises a fresh issuance of equity shares worth Rs 1,500 crore and an Offer-for-Sale (OFS) of 13.6 crore shares.
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Accel, Tiger Global Management, Apis Partners, and other investors will be selling shareholders in the OFS.
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Proceeds from the fresh issue will fund loan disbursals (Rs 650 cr) and augment Whizdm Finance's capital base (Rs 450 cr).
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Moneyview reported a profit of Rs 209.7 crore on revenue of Rs 2,373.3 crore for the nine months ended December 2025.
Read Full Article on Moneycontrol in English
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