Author: Nishtha Mehrotra | EQMint
Moneyview IPO ₹1,091.68 crore initial public offering (IPO) is open for subscription on its final bidding day, September 28, 2026. The issue opened on September 24 and is scheduled to close today.
As of 9:00 a.m. on Monday, the IPO had been subscribed 6.01 times. The issue comprises a fresh issue of 22.06 crore shares worth ₹750 crore and an offer for sale (OFS) of 10.05 crore shares aggregating ₹341.68 crore.
The latest grey market premium (GMP) stood at ₹14 as of 8:30 a.m. With the price band fixed at ₹32–₹34 per share, the GMP implies a potential listing price of ₹48, or about a 41.18% premium over the upper price band. GMP is unofficial and can change before listing.
The minimum retail application is 441 shares, requiring ₹14,994 at the upper price band. Allotment is expected on September 29, with tentative listing scheduled for October 1.
Disclaimer: This article is for information purposes only and is not investment advice.
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