Digital lending platform Moneyview, backed by investors such as Accel, Tiger Global and Ribbit Capital, has set the price band for its initial public offering (IPO) at Rs 32-34 per equity share. The IPO will open for subscription on September 24, with the company looking to raise Rs 1,091.61 crore through the issue.
The minimum bid is 441 shares, and investors can bid in multiples of that number. At the upper end of the price band, Moneyview will command an implied market capitalisation of Rs 5,984.79 crore.