Moneyview IPO: Ribbit Capital Bags 11.85X Return, Tiger Global Scores 3.42X

Moneyview’s IPO unlocked sizable gains for early investors, with Ribbit Capital fetching 11.85X its acquisition cost and Tiger Global realising 3.42X return on shares sold through the offer for sale (OFS). Ribbit recorded the highest return multiple among institutional investors participating in the OFS, selling 1.14 Cr shares for ₹38.61 Cr at the upper end of its IPO price band of ₹32-₹34 . Tiger Global’s Internet Fund III sold 1.54 Cr shares for ₹52.21 Cr.