Business · India Bureau
Moneyview shares surge 63% on BSE debut, outperforming IPO price
Moneyview Ltd. marked a successful market entry on Thursday, with shares commanding a significant premium on their first day of trading. The fintech company's stock opened substantially above its IPO price across both major exchanges.
LSN India ·
Moneyview Ltd. delivered strong returns for investors on its stock market debut, listing at a 63% premium on the BSE on Thursday. The personal finance platform's shares opened at Rs 55 on the NSE, representing a 61% jump from the IPO offer price of Rs 34, signalling robust investor appetite for the fintech sector.
The dual listing performance underscores growing confidence in India's digital lending space, where Moneyview has established itself as a prominent player. The company's IPO had attracted significant demand from institutional and retail investors, reflecting expectations for continued growth in consumer credit markets.
Moneyview's strong market debut comes amid a broader wave of fintech companies seeking public listings in India. The listing validates the business model of digital-first lending platforms that have expanded credit access to underserved consumer segments across the country.