• IPO details: Moneyview is launching a ₹1,091 crore IPO on September 24 at a price band of ₹32 to ₹34 per share, comprising a fresh issue of ₹750 crore and an offer for sale of ₹341.6 crore.
• Proceeds utilization: Fresh capital will be allocated toward NBFC infusion, risk guarantees for its off-balance-sheet business as a loan service provider (LSP), and general investments into products, operations, and team growth.
• Business reach: The platform manages roughly ₹22,000 crore in AUM and has disbursed loans to over 1.1 crore individuals, with nearly 80% coming from Middle India.
• Lending business mix: Off-balance-sheet lending through partner institutions accounts for 75% of the business, while the remaining 25% is funded on-balance-sheet via the company's own NBFC.
• Default loss rates: While Moneyview provides default loss guarantees of up to 5% under RBI guidelines for its off-balance-sheet portfolio, actual P&L losses stand lower at around 2% to 2.5% and continue on a downward trajectory.