Moneyview IPO gets 98.5x subscription
In short
Moneyview’s IPO was subscribed 98.5 times.
The report says retail and non-institutional investors were the main buyers, and the issue had both a fresh issue and an offer-for-sale. It also says the grey market premium points to a possible listing price around ₹48 a share, but the final listing price is not known.
What the reporting says
Moneyview’s IPO was subscribed 98.5 times, according to the supplied summary of the issue. The report says non-institutional and retail investors led demand, and that the offer included both a fresh issue and an offer-for-sale. It also notes a grey market premium implying a possible listing price around ₹48 per share, but the final listing outcome is not stated.
Why it matters
Moneyview’s IPO drew 98.5 times subscription, with non-institutional and retail investors leading demand, according to the supplied summary. The issue included a fresh issue and an offer-for-sale, and the grey market premium suggested a possible listing price around ₹48 per share. The reporting indicates strong market interest, but the final listing result and the exact issue structure beyond those broad details are not stated.