Inc42 reports that the offer for sale also shrank, from 13.6 crore to 10.04 crore shares. Several investors reduced their planned share sales, while the cofounders kept theirs unchanged.
Moneyview has cut the fresh issue component of its IPO from ₹1,500 crore to ₹750 crore, Inc42 reports, while reducing the offer for sale to 10.04 crore shares from 13.6 crore. Investors including Tiger Global, Accel, Crimson Winter and Ribbit Capital lowered their planned share sales; cofounders Puneet Agarwal and Sanjay Aggarwal retained their portions. Inc42 also says Moneyview reported ₹2,409 crore in revenue and ₹245 crore in net profit for the first nine months of FY26, already surpassing its FY25 figures.
1.4K
1 post, first seen 1d ago
Inc42 reports that the offer for sale also shrank, from 13.6 crore to 10.04 crore shares. Several investors reduced their planned share sales, while the cofounders kept theirs unchanged.
Moneyview has cut the fresh issue component of its IPO from ₹1,500 crore to ₹750 crore, Inc42 reports, while reducing the offer for sale to 10.04 crore shares from 13.6 crore. Investors including Tiger Global, Accel, Crimson Winter and Ribbit Capital lowered their planned share sales; cofounders Puneet Agarwal and Sanjay Aggarwal retained their portions. Inc42 also says Moneyview reported ₹2,409 crore in revenue and ₹245 crore in net profit for the first nine months of FY26, already surpassing its FY25 figures.
Inc42@Inc42📉Moneyview has sharply downsized its IPO plans. 👇 Fintech unicorn Moneyview, founded by @reachpuneet and @sanjayiitd, has halved the fresh issue component of its IPO to ₹750 Cr, from the ₹1,500 Cr proposed earlier, while trimming the OFS to 10.04 Cr shares from 13.6 Cr.…
—
Not ranked yet
—
Not ranked yet
Not enough discussion yet.
No sentiment analysis available yet.
Inc42@Inc42📉Moneyview has sharply downsized its IPO plans. 👇 Fintech unicorn Moneyview, founded by @reachpuneet and @sanjayiitd, has halved the fresh issue component of its IPO to ₹750 Cr, from the ₹1,500 Cr proposed earlier, while trimming the OFS to 10.04 Cr shares from 13.6 Cr.…
Not enough discussion yet.
No sentiment analysis available yet.