# Moneyview Limited: IPO analysis > Moneyview Limited (CIN U72200KA2014PLC075775) has filed a Draft Red Herring Prospectus with SEBI for an IPO comprising a fresh issue of ₹750 Cr and an offer for sale of 10.05 Cr shares, priced at ₹32.00 to ₹34.00 per share. In FY26 it reported revenue of ₹3,351 Cr (+43.3% on FY25) and a net profit of ₹243 Cr. Promoters hold 19.6% before the IPO. Our earlier look-up of its claims found 7 medium or high concerns across 67 claims looked up. - Page: https://ipo.innerkore.com/in/company/U72200KA2014PLC075775/moneyview-limited/ - CIN: U72200KA2014PLC075775 - Last updated: 29 Sep 2026 ## Key facts - **Company:** Moneyview Limited - **CIN:** U72200KA2014PLC075775 - **Filing stage:** DRHP - **Latest SEBI filing:** 29 Sep 2026 - **Fresh issue:** ₹750 Cr - **Offer for sale:** 10,04,94,200 shares - **Price band:** ₹32.00 to ₹34.00 per share - **Bidding opens:** 24 Sep 2026 - **Bidding closes:** 28 Sep 2026 - **Listing on:** BSE, NSE - **Revenue FY26:** ₹3,351 Cr - **Revenue growth:** +43.3% - **Net profit FY26:** ₹243 Cr - **Revenue CAGR FY24 to FY26:** 58.0% - **Promoter holding (pre-IPO):** 19.6% - **Lead managers:** Axis Capital Limited, BofA Securities India Limited, IIFL Capital Services Limited, IIFL Securities Limited, Kotak Mahindra Capital Company Limited - **Registrar:** MUFG Intime India Private Limited - **Earlier look-up flags:** 0 high, 7 medium, 4 low ## Key signals (read from the filing; not investment advice) - **Valuation** (looks fine): 24.7x P/E. From NSE's price band, on FY26 profit; 2.7x book value. - **Growth** (looks fine): 58% a year. Sales FY24 to FY26; latest year +43.3%. - **Profitability** (look closer): 7.2% net margin. FY26; operating margin improving. - **Debt** (concern): 2.32x equity. ₹5,157 crore borrowed at the end of FY26. - **Profit into cash** (concern): -392% of profit. Operations brought in ₹-951 crore against ₹243 crore of profit in FY26. - **One-off income** (look closer): 16% of profit. Other and one-off income is 16% of pre-tax profit; management describes 8 one-off items. - **Where the money goes** (looks fine): 31% for sale. 69% is new shares issued by the company. 57% of the new money repays debt. (converted using NSE's price band) - **Red flags** (look closer): 7 to review. 67 claims looked up earlier: 0 high, 7 medium concern. ## Financial snapshot (₹ crore unless stated; consolidated) | | FY24 | FY25 | 3M Jun-25 | FY26 | 3M Jun-26 | |---|---:|---:|---:|---:|---:| | Sales | 1,342 | 2,339 | 1,041 | 3,351 | 693 | | Sales growth | – | 74.3% | – | 43.3% | – | | Operating profit | 282 | 659 | 400 | 1,122 | 216 | | Operating margin | 21.0% | 28.2% | 38.4% | 33.5% | 31.1% | | Net profit | 171 | 240 | 174 | 243 | 67 | | Net margin | 12.8% | 10.3% | 16.7% | 7.2% | 9.7% | | Net worth | 1,607 | 1,919 | 1,991 | 2,225 | 2,415 | | Borrowings | 1,709 | 3,413 | 4,070 | 5,157 | 5,485 | | Return on equity | 10.7% | 12.5% | – | 10.9% | – | ## Non-recurring items (as described by management) - Impairment of financial instruments as a percentage of total income increased from Fiscal 2024 to Fiscal 2026 primarily due to the growth in our Portfolio Loans, resulting in higher impairment loss allowance and write-offs, as well as the recognition of default loss guarantee expenses. (p.393) - Exceptional items, (gain) of ₹23.20 Lakh was recognized relating to the partial recovery of losses arising from the cyber incident that occurred in August 2025 for which an exceptional loss was recognized in Fiscal 2026. (p.397) - A one-time performance-based incentive of ₹160.00 Crore (₹119.73 Crore, net of tax) was paid to the Managing Director and Chief Executive Officer. (p.399) - A one-time performance-based incentive of ₹160.00 Crore was approved by the Board and Shareholders, resulting in a tax credit of ₹40.27 Crore being included within current tax expense, and the exceptional item, net of tax, amounted to ₹119.73 Crore. (p.400) - Restated profit for the year before exceptional items (net of tax) for Fiscal 2026 was ₹397.34 Crore as compared to the reported restated profit for the same year of ₹242.71 Crore. (p.400) - The company filed an insurance claim which remains under process. (p.400) - Contingent liabilities are disclosed but not recognized unless the possibility of any outflow in settlement is remote. (p.427) - Exceptional items are those items management considers, by virtue of their size or nature, should be disclosed separately for comparison with the prior period/year, and tax charges related to such items are also considered exceptional. (p.428) ## Use of proceeds (fresh issue) - Investment to drive growth in loan disbursals under default loss guarantee (DLG): ₹325 crore - Investment in WFPL, our Material Subsidiary, for the purpose of augmenting its capital base: ₹250 crore - General corporate purposes(1): amount not fixed yet ## Claims looked up earlier - **MEDIUM** (PromoterBackground): No material civil litigations were found against the Subsidiaries.. The search results mention legal disputes and controversies within the Indian startup ecosystem, including multiple refund claims and allegations, which suggests the claim that 'No material civil litigations were found against the Subsidiaries' might be inaccurate or incomplete. One result specifically mentions 'two legal disputes' during due diligence. - **MEDIUM** (PromoterBackground): No statutory or regulatory actions were found against the Company.. The search results mention various legal and regulatory controversies within the Indian startup ecosystem, including investigations by SEBI and disputes related to allegations. This suggests that the claim that 'No statutory or regulatory actions were found against the Company' might be contradicted by the existence of such disputes. - **MEDIUM** (PromoterBackground): No criminal proceedings were found against the Company.. The search results mention various legal and regulatory controversies within the Indian startup ecosystem, including investigations by SEBI and disputes, which suggests that the claim of 'no criminal proceedings' might be questionable or incomplete. Some results point to legal disputes and allegations against entities in the sector. - **MEDIUM** (PromoterBackground): There are outstanding legal proceedings involving certain Directors and Subsidiaries.. One search result mentions that beyond two legal disputes mentioned during due diligence, a startup was entangled in multiple refund claims and allegations of fake jobs, which relates to legal controversies in the startup ecosystem. Other results discuss investigations by SEBI related to Hindenburg Research reports, which suggests legal scrutiny in the sector. - **MEDIUM** (SubsidiaryPerformance): The company expanded its product portfolio in Fiscal 2025 to include insurance, home loans, credit cards, digital gold, fixed deposit marketplace services, BBPS services, and UPI services.. The search results mention that Moneyview provides access to a full suite of financial products through a network of Financial Partners, but they do not explicitly detail the specific product expansion mentioned in the DRHP claim (insurance, home loans, credit cards, digital gold, fixed deposit marketplace services, BBPS services, and UPI services). - **MEDIUM** (SubsidiaryPerformance): The Earned Wage Access (EWA) offering was launched through the acquisition of Zeo Fin Technology Private Limited (“Jify”) in September 2024.. Search results indicate that Jify is associated with ZEO FIN TECHNOLOGY PRIVATE LIMITED, but they do not explicitly confirm that the Earned Wage Access (EWA) offering was launched through the acquisition of Jify in September 2024. One result shows Jify's profile and another shows its financial performance. - **MEDIUM** (PromoterBackground): No material civil litigations were found against the Directors.. The search results mention general controversies and legal disputes within the startup ecosystem, but they do not specifically confirm or deny the claim that no material civil litigations were found against the directors of Moneyview Limited. One result mentions multiple legal disputes beyond due diligence, which is relevant context but doesn't directly address the claim. - **LOW** (SubsidiaryPerformance): Money Manager was the first product launched by the company in 2014.. One search result suggests that Moneyview was founded in 2014, which is consistent with the claim that 'Money Manager' was the first product launched in 2014. Another result mentions Moneyview as a leading fintech company founded in 2014. - **LOW** (SubsidiaryPerformance): Money Manager was the first product launched in 2014.. One search result indicates that Moneyview Ltd. was incorporated in 2014, which is consistent with the claim that 'Money Manager was the first product launched in 2014.' Another result mentions the company provides digital financial services. - **LOW** (SubsidiaryPerformance): The company was incorporated as Whizdm Innovations Private Limited on August 11, 2014.. Search results suggest that Moneyview was formerly known as Whizdm Innovations, and mentions that Whizdm Innovations Private Limited was founded in 2014. However, the search results do not explicitly confirm the exact incorporation date mentioned in the claim (August 11, 2014). - **LOW** (SubsidiaryPerformance): The company operates a capital-light model by combining lending through its own NBFC and platform partnerships through default loss guarantee arrangements.. The search results indicate that Moneyview has shown strong profit growth, which led to decisions like reducing the IPO size, suggesting a successful operational performance. However, the results do not explicitly detail the exact structure of the capital-light model involving NBFC lending and default loss guarantee partnerships mentioned in the claim. - **NONE** (PromoterBackground): The table shows no disciplinary actions by Key Managerial Personnel against Subsidiaries.. The provided search results do not contain information that directly corroborates or contradicts the claim regarding disciplinary actions by Key Managerial Personnel against subsidiaries of Moneyview Limited. The results discuss various unrelated financial and regulatory issues. ## Common questions ### How big is the Moneyview Limited IPO? Moneyview Limited's IPO comprises a fresh issue of ₹750 Cr and an offer for sale of 10.05 Cr shares, according to its Draft Red Herring Prospectus. The price band is ₹32.00 to ₹34.00 per share. ### What are Moneyview Limited's revenue and profit? Moneyview Limited reported revenue from operations of ₹3,351 Cr in FY26, +43.3% versus FY25. Net profit was ₹243 Cr (FY25: ₹240 Cr). Revenue grew at a compound rate of 58.0% a year from FY24 to FY26. Figures are read from the DRHP, as printed there. ### How much do promoters own in Moneyview Limited? Promoters hold 19.6% of Moneyview Limited before the IPO. ### How will Moneyview Limited use the IPO money? The fresh-issue proceeds are earmarked for: Investment to drive growth in loan disbursals under default loss guarantee (DLG) (₹325 Cr); Investment in WFPL, our Material Subsidiary, for the purpose of augmenting its capital base (₹250 Cr); General corporate purposes (amount not fixed yet). The offer-for-sale portion goes to the selling shareholders, not the company. ### What are the red flags in Moneyview Limited's DRHP? Earlier, we looked up 67 claims from the filing on the open web (we no longer do this, since SEBI reviews the filing): 0 raised a high concern, 7 medium and 4 low. The most notable: The search results mention legal disputes and controversies within the Indian startup ecosystem, including multiple refund claims and allegations, which… The search results mention various legal and regulatory controversies within the Indian startup ecosystem, including investigations by SEBI and disputes… The search results mention various legal and regulatory controversies within the Indian startup ecosystem, including investigations by SEBI and disputes,… This is an automated screen, not a verdict; each finding links to its sources. ### What does Moneyview Limited do? Investors, stop scrolling: Moneyview Limited's IPO prospectus is dangerously vague. While they claim access to a full suite of financial products, the crucial details—like the specific expansion into insurance, home loans, and digital gold—are completely missing from the DRHP. ### Who manages the Moneyview Limited IPO? Book running lead managers: Axis Capital Limited, BofA Securities India Limited, IIFL Capital Services Limited, IIFL Securities Limited, Kotak Mahindra Capital Company Limited. Registrar to the offer: MUFG Intime India Private Limited. Shares are proposed to list on BSE and NSE. ### Where can I read the original Moneyview Limited IPO documents? All 4 filings for Moneyview Limited (DRHP, Addendum, Corrigendum, DLoF) are listed on this page with links to the original PDFs on SEBI's website. Every page reference cites the exact page of the source document. ## Source documents - [Moneyview Limited - Prospectus](https://www.sebi.gov.in/sebi_data/attachdocs/sep-2026/1790674448687.pdf) (Draft letter of offer, filed 29 Sep 2026) - [Moneyview Limited - Corrigendum to RHP and Price Band](https://www.sebi.gov.in/sebi_data/attachdocs/sep-2026/1790146679494.pdf) (Corrigendum, filed 23 Sep 2026) - [Moneyview Limited - RHP](https://www.sebi.gov.in/sebi_data/attachdocs/sep-2026/1789975400167.pdf) (Draft Red Herring Prospectus, filed 21 Sep 2026) - [Moneyview Limited - RHP](https://www.sebi.gov.in/sebi_data/commondocs/sep-2026/Moneyview%20Limited%20-%20Abridged%20Prospectus_p.pdf) (Addendum, filed 21 Sep 2026) --- Source: InnerKore IPO (https://ipo.innerkore.com/). Read from public SEBI filings by automated extraction; check the linked documents. Not investment advice.