Moneyview Limited

Incorporated in 2014, Moneyview Limited (formerly known as Moneyview Private Limited and Whizdm Innovations Private Limited) is a leading technology-driven digital financial services platform in India. Operating as a pure-play fintech enterprise, the company’s core value proposition revolves around democratizing access to credit and financial products for underserved and credit-starved consumer segments. Under its digital-first business model, Moneyview acts as an end-to-end financial services marketplace and technology orchestrator, connecting retail borrowers with bank and NBFC lending partners, as well as providing credit directly through its wholly owned NBFC subsidiary, Whizdm Finance Private Limited.

The company primarily targets young professionals, salaried individuals, self-employed entrepreneurs, and micro-business owners belonging to India’s middle- and lower-income demographics (predominantly across Tier-2, Tier-3, and Tier-4 cities and towns). Its geographic reach spans over 19,000 PIN codes, covering virtually all districts in India. The client base exhibits rapid organic scale, reaching over 134.14 million registered users and 10.75 million monetized customers as of March 31, 2026. Moneyview addresses these demographics through a 100% paperless, mobile-app-centric interface offering:

Small-ticket to mid-ticket personal loans and digital credit lines

Co-branded credit cards and home loans

Digital gold savings and fixed deposit products

As a pure digital technology platform, traditional manufacturing facilities and physical factory locations are not applicable. Moneyview’s operational backbone consists of cloud-based technology architecture, robust API integrations with partner banks, real-time credit bureau interfaces, and automated digital payment infrastructure. The company operates from its corporate headquarters in Bengaluru, Karnataka, supported by secure data centers maintaining ISO/IEC 27001:2013 information security standards. Platform capacity is reflected in processing throughput, with the infrastructure capable of executing millions of loan applications, real-time e-KYC verifications, and automated bank account fetches daily.

The company’s core operational strengths lie in its proprietary technology stack and advanced Artificial Intelligence (AI) and Machine Learning (ML) underwriting models. Its proprietary credit underwriting engine evaluates alternate data points—including transactional SMS data, digital footprints, device metadata, and behavioral attributes—to assess creditworthiness for first-time or thin-file borrowers lacking formal credit histories. Over 90% of loan disbursals on the platform are fully automated without human intervention. Furthermore, Moneyview maintains active Default Loss Guarantee (DLG) arrangements and co-lending partnerships with leading financial institutions to manage portfolio risk while scaling Assets Under Management (AUM) efficiently.

Based on historical financial performance, Moneyview Limited posted total income and net profits of ₹1,389.24 Cr / ₹171.15 Cr in FY24, ₹2,378.53 Cr / ₹240.28 Cr in FY25, and ₹3,404.27 Cr / ₹242.71 Cr in FY26, continuing its momentum into Q1 FY27 with total income of ₹1,065.09 Cr and PAT of ₹173.80 Cr. The company has demonstrated strong top-line expansion, growing total income at a 56.63% CAGR over FY24–FY26, while total borrowings increased from ₹1,301.92 Cr in FY24 to ₹5,157.04 Cr in FY26 to support digital lending AUM expansion. It boasts an average EPS of ₹1.53 and an average RoNW of 14.87% for the last three fiscals. Based on the pre-issue book value, the issue is priced at a Pre-Issue P/BV of 2.33 against a NAV of ₹14.57 (as of March 31, 2026). Factoring in the fresh issue proceeds, the Post-Issue P/BV stands at 2.01. Attributing the latest earnings to the expanded post-issue equity base, the asking price translates to a Post-Issue P/E of approximately 34.97x (FY24), 24.91x (FY25), 24.66x (FY26), and 17.13x on an annualized/TTM basis. According to the RHP, a comparison between listed peers is shown in above table.

On the Book Running Lead Manager (BRLM) front, the issue is managed by Axis Capital Limited, BofA Securities India Limited, IIFL Capital Services Limited, and Kotak Mahindra Capital Company Limited. MUFG Intime India Private Limited is acting as the Registrar to the Issue.

• 1 Puneet Agarwal
• 2 Sanjay Aggarwal
• 3 Sushma Abburi