Moneyview Ltd

Moneyview Ltd IPO review covering the IPO price, financials, growth prospects, asset quality, credit costs, risks and key factors investors should consider.

Moneyview Ltd IPO Review, GMP, Price, Financials & Analysis

Moneyview has grown rapidly, with managed AUM rising from INR 12,885 cr in March 2024 to INR 22,520 cr in June 2026, but asset quality is not good and has weakened steadily. Total credit cost increased from 2.46% of average managed AUM in FY24 to 5.16% in FY26, while WFPL’s credit cost was an exceptionally high 11.2% of average loans in FY26 and 11.4% annualised in Q1 FY27. Write-offs were also significant at INR 430 cr in FY26 and INR 146 cr in Q1 FY27, meaning the 2.7% gross Stage 3 ratio understates the underlying losses. Given the deterioration in asset quality and high credit costs, we wouldn’t be very comfortable subscribing to the issue at this point.