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The Economic Times

Business

Kumar Gaurav

Moneyview IPO enters Day 2: Subscription reaches 1.4x, GMP signals 38% potential listing gain; should you bid?

Moneyview GMP IPO Anand Rathi Kumar Gaurav NSE SEBI

The initial public offering (IPO) of Moneyview enters its second day of subscription today, September 25. The issue, which opened for subscription on September 24, received a decent response from investors and was fully subscribed on the first day of bidding.

The Rs 1,091.68-crore Moneyview IPO comprises a fresh issue of 22.06 crore shares aggregating to Rs 750 crore and an offer for sale (OFS) of 10.05 crore shares worth Rs 341.68 crore.

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