Moneyview IPO Subscribed 3.55X On Day 2, NIIs Lead With 7.77X Subscription

Digital lender Moneyview’s ₹1,092 Cr IPO was subscribed 3.55X by 13:15 IST on the second day of bidding. The public issue received bids for 82.65 Cr shares against 23.25 Cr shares on offer, according to BSE data. Non-institutional investors (NIIs) led the demand, placing bids for 39.01 Cr shares against the 5.02 Cr shares reserved for them, translating into a subscription of 7.77X.