Accel-backed Moneyview files draft papers for IPO

05 Mar 2026, 10:36 AM

The public offer comprises of fresh issue of shares of Rs 1,500 crore and an offer for sale (OFS) of 136 million shares.

Team Head&Tale

Digital lending platform Moneyview has filed its draft red herring prospectus (DRHP) for its initial public offering (IPO) with the Securities and Exchange Board of India (SEBI).

The public offer comprises of fresh issue of shares of Rs 1,500 crore and an offer for sale (OFS) of 136 million shares by its existing investors including Accel, Apis Partners and Ribbit Capital.

The company plans to use Rs 450 crore from the proceeds to capitalise its in-house NBFC and invest another Rs 650 crore to support loan disbursals through partner lenders under the first loss default guarantee programme.

It has appointed  Axis Capital, Bank of America, MUFG Kotak and IIFL Capital as its book running lead managers.

Moneyview, founded by IIT Delhi graduates Puneet Agarwal and Sanjay Aggarwal in 2014, is a digital first fintech platform that provides consumer loans and has also diversified into investments, transactions and insurance products.

The company reported revenue of Rs 2,379 crore and net profit of Rs 240 crore in FY25. In the nine-month period ended December 31, 2025, its revenue was at Rs 2,409 crore and net profit (before exceptional items) at Rs 245 crore.

As of December 2025, Moneyview's managed assets under management (AUM) was at Rs 19,814 crore. The company has a user base of over 125 million, with nearly 79% of users coming from tier-2 cities and beyond. 

In the past few months, several fintech companies in India have either gone public or begun preparing for listings, even as public market sentiment has turned cautious. Microfinance lender Aye Finance last month debuted on the stock exchanges, but the listing failed to generate strong investor enthusiasm.

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Cofounder of IPO-bound leading fintech lending company
Cofounder of IPO-bound leading fintech lending company