Strong Institutional Investor Demand
Moneyview IPO Is Subscribed 98.5 Times Led By Strong Institutional Investor Demand
Anonymous
Moneyview’s ₹1,092-crore IPO was subscribed about 98.5 times, led by institutional investors, with allotment having been expected on September 28 and grey-market indications suggesting a potential listing premium of roughly 37%–41%; the company plans to use fresh-issue proceeds mainly to fund lending and strengthen its NBFC subsidiary. German Green Steel and Power’s IPO was subscribed 5.14 times on its second bidding day, led by non-institutional investors, with proceeds earmarked for manufacturing expansion, renewable power and debt repayment. Shah Investor’s Home’s ₹90.17-crore IPO had attracted bids for 7% of the issue by early afternoon on its first day, as the brokerage reported lower profit and revenue for the year ended March 2026. Runwal Enterprises’ ₹500-crore IPO was 50% subscribed midway through its second day, led by institutional demand, after raising ₹148.9 crore from anchor investors. Grey-market estimates for the offerings were unofficial and do not guarantee listing performance.
Key Points
1
Moneyview’s IPO comprised a ₹750-crore fresh issue and an offer for sale of 10.05 crore shares worth about ₹342 crore; the issue was fully subscribed on its first bidding day.
2
German Green Steel and Power had cut the size of its planned fresh issue from up to ₹450 crore to up to ₹290 crore, alongside an offer for sale of 10 lakh shares.
3
Shah Investor’s Home plans to allocate ₹60 crore of its IPO proceeds to working capital, with the balance intended for general corporate purposes.
4
Runwal Enterprises’ anchor allocation included Tata Mutual Fund, which invested ₹40 crore for 13.11 lakh shares, and Maybank Securities, which received 8.19 lakh shares worth ₹25 crore.
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