Digital lending platform Moneyview has reduced the size of its proposed initial public offering (IPO), cutting the fresh issue component by half to ₹750 crore from the previously planned ₹1,500 crore. Existing investors have also reduced the number of shares they plan to sell through the offer-for-sale (OFS) component ahead of the company’s proposed public listing.
According to a notice to investors dated September 14, 2026, Moneyview has reduced its fresh issue from ₹1,500 crore to ₹750 crore. The OFS component has also been cut to approximately 10.04 crore equity shares, compared with up to 13.6 crore shares proposed in the company’s Draft Red Herring Prospectus (DRHP) filed earlier this year.
The revised IPO structure represents a significant reduction from the company’s original proposed offering. Moneyview had filed its DRHP with the Securities and Exchange Board of India (SEBI) in March 2026, proposing a fresh issue of ₹1,500 crore along with an OFS of up to 13.61 crore equity shares. SEBI subsequently approved the draft IPO papers in July 2026.
The fresh capital raised through the IPO was originally intended to support the company’s lending business. Under the earlier proposal, Moneyview planned to use ₹650 crore from the fresh issue to support loan disbursals through Default Loss Guarantee (DLG) arrangements, while another ₹450 crore was planned to be invested in its NBFC arm, Whizdm Finance Private Limited, to strengthen its capital base. The remaining proceeds were earmarked for general corporate purposes.
The reduction in the OFS component means existing shareholders will now sell fewer shares than initially proposed as part of the public offering. The original DRHP had included up to 13.61 crore shares in the OFS, with investors including Accel, Apis Partners and Ribbit Capital among the shareholders planning to sell shares. The revised proposal brings the number down to 10.04 crore shares.
Moneyview is a Bengaluru-based digital lending platform backed by several institutional investors. The company operates in the consumer lending and financial-services space, using technology to facilitate access to credit through its platform and lending partnerships.
The reduction comes as Moneyview moves closer to its planned public-market debut. With both the fresh issue and OFS components being reduced, the overall size of the proposed offering will be smaller than the issue originally outlined in the DRHP.
For Moneyview, the ₹750 crore fresh issue will provide a smaller pool of new capital than initially planned. At the same time, the lower OFS indicates that existing shareholders are proposing to sell fewer shares as part of the IPO than they had indicated in the original filing.
The change also separates Moneyview’s IPO from the original ₹1,500 crore structure that received regulatory approval earlier this year. The revised issue size and share-sale structure will now form the basis of the company’s proposed public offering, subject to the applicable regulatory and market processes.
Moneyview’s decision to reduce the IPO size comes as India’s new-age technology and fintech companies continue to explore public-market listings. The company will now approach the market with a substantially smaller fresh capital component and a reduced shareholder sell-down compared with the structure originally proposed in its DRHP.
The revised IPO structure highlights a significant change in Moneyview’s public-market plans: the fresh issue has been halved to ₹750 crore, while the OFS has been reduced to 10.04 crore shares. The company has not yet disclosed the IPO price band or listing date in the reports covering the revised issue.
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