Money View to raise ₹1092 crore through IPO

MoneyView Ltd, a digital lending service provider, plans to raise ₹1,092 crore through its initial public offering. The IPO includes a fresh issue of ₹750 crore and a stake dilution of ₹342 crore by existing owners, with shares priced between ₹32 and ₹34 each. The company aims to use the funds for loan disbursals under a default loss guarantee.

Read the source (The Hindu Business)

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