Moneyboxx Finance Limited announced a private placement of 1,516,011 shares at an issue price of INR 160 per share for proceeds of INR 242,561,760 on March 31, 2023. The transaction will include participation from Neelanchal Edifice LLP for 31,250 shares, AVB Commodities for 15,625 shares along with individual investors, Mohan Joshi for 15,625 shares, Shashikala Bagadia for 31,250 shares, Devanshi Saraf for 6,250 shares, Sonali Kalani for 31,250 shares, Harsh Vardhan Kalani for 31,250 shares, Akshay Jha for 15,625 shares, Akanksha Jha for 1,5625 shares, Bharti Garg for 15,625 shares, Bose K Varghese 28,125 shares, Nitin Gupta for 18,750 shares, Nitin Gupta for 18,750 shares, Ashish Kumar for 15,625 shares, Garimaa Musaddi for 10,000 shares, Geeta Mahaar for 31,250 shares, Vijay Gattani for 15,625 shares, Roopali Jain for 31,250 shares, Anumeha Jain for 31,250 shares, Ghanshyam Dhoot for 12,500 shares, Vikram Singh Anant for 15,625 shares, Nirpendra Singh Anant for 15,625 shares, Bharat Singh Anant for 15,625 shares, Ashish Dohare for 15,625 shares, Avadesh Gupta(HUF) for 50,000 shares, Kapil Gupta for 15,625 shares, Bimal Kumar Jhunjhunwala for 15,625 shares, Varun Mittal for 15,625 shares, Siddharth Gupta for 15,625 shares, Akhil Kumar Gupta for 12,500 shares, Sonal Garg for 15,625 shares, Manju Jain for 15,625 shares, Pankaj Gupta(HUF) for 31,250 shares, Suyash Joshi for 6,250 shares, Aiyer Sanjay Ramaswamy for 12,500 shares, Deepa Handa for 15,625 shares, Dr Deepa Aggarwal for 37,500 shares, Manish Prakash (HUF) for 62500 shares, Shubham Tayal for 31,25 shares,, Krishna Agrawal for 6,250 shares, Pawan Kumar Goyal for 15,625 shares, Pawan kumar Jindal for 9,375 shares, Kanika Aggarwal for 3,125 shares, Aman Bhageria for 15,625 shares, Bhavishya Garg for 61,011 shares, Ruchika Garg for 199,989 shares, Vinita Garg for 15,625 shares, Suresh Kumar for 15,625 shares, Harshita for 8,281 shares, Gagan Singh Mokha for 3,125 shares, Ravinder Kumar Gupta for 10,000 shares, Kamal Kumar for 20,000 shares, Shobana Anand for 9,375 shares, Deepak Gupta for 6,250 shares, Anand Prakash Gupta for 50,000 shares, Nirmala Gupta for 50,000 shares, Anand Gupta & Sons HUF for 25,000 shares, Hukum Chand Gupta Sons HUF for 25,000 shares, Ved Parkash Jindal for 17,500 shares, Santosh Jindal for 16,562 shares, Rahul Jindal for 17,500 shares, Sunchit Jindal for 15,793 shares, Yatharth Gupta for 5,000 shares, Namit Bajoria for 9,375 shares, Garima Gupta for 15,625 shares, Ram Kumar Gupta for 31,250 shares and Ananya Gupta for 28,125 shares. The company will receive funding through Preferential basis.

The transaction was approved by the board of directors of the company.