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Moneyview raises Rs 327 Cr from anchor investors ahead of IPO

Moneyview has raised Rs 327.5 crore from anchor investors ahead of its Rs 1,092 crore initial public offering (IPO), which opens for public subscription today.

Tarun Mottlia

Via Entrackr

·Excerpt
Moneyview raises Rs 327 Cr from anchor investors ahead of IPO
Image: Entrackr

"Digital lending platform Moneyview has raised Rs 327.5 crore from anchor investors ahead of its Rs 1,092 crore initial public offering (IPO), which opens for public subscription today (September 24). The Bengaluru-based fintech allotted 9.63 crore shares at Rs 34 apiece, the upper end of its IPO price band, to anchor investors on September 23. The company raised the amount from 12 anchor investors, including several large mutual funds and institutional investors. Domestic mutual funds accounted for the bulk of…

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