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Moneyview and Chandan Steel Receive Sebi Approval to Launch IPOs

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Moneyview and Chandan Steel Receive Sebi Approval to Launch IPOs

Analysed 3 Jul 2026·2 sources analysed·New Delhi, India·Business
Moneyview and Chandan Steel Receive Sebi Approval to Launch IPOsPreviousNext

Fintech company Moneyview and Chandan Steel have received Sebi's approval to proceed with their initial public offerings (IPOs), according to recent regulatory updates. Moneyview filed its preliminary IPO documents in March, proposing a fresh equity issue worth Rs 1,500 crore alongside an offer for sale by existing shareholders. Chandan Steel also secured approval, while oilfield services firm Shivganga Drillers withdrew its IPO plans. Moneyview intends to use the funds to expand its financial services and strengthen its subsidiary.

TBN's observations

First-hand measurement across 2 sources

We measured how 2 outlets covered this story. Coverage leans balanced overall (Left 0%, Centre 100%, Right 0%). Overall sentiment is neutral (65/100). Lens Score 39/100 — moderate-to-low public interest.

Outlets analysed (first-hand measurement by TBN's Bias Engine):

  • businessstandard— balanced framing, neutral sentiment
  • news18— balanced framing, neutral sentiment
Political Bias
0%100%0%
Sentiment
65%
AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 3 Jul 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Political bias across 2 sources
● Left 0%● Center 100%● Right 0%

The articles present a straightforward business update without political framing. They focus on regulatory approvals and company plans, reflecting perspectives from the companies and the Securities and Exchange Board of India (Sebi). There is no evident political bias, as the coverage centers on financial market developments and corporate actions.

Sentiment — Neutral (65/100)

The tone across the articles is neutral and informative, emphasizing factual regulatory progress and company intentions. There is no overtly positive or negative sentiment; instead, the coverage maintains a businesslike approach, reporting approvals and withdrawals without editorializing or emotional language.

How 2 sources covered this story

Each source's own headline, political lean, and sentiment — so you can see framing differences at a glance.

Reviewed byMrunal Wange· Business & Economy Editor· Edited byOjas Kale
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SourceTheir headlineBiasSentiment
businessstandardMoneyview, Chandan Steel get Sebi's approval to raise funds through IPOsCenterNeutral
news18Moneyview, Chandan Steel get Sebi's approval to float IPOsCenterNeutral

Coverage timeline

news18 broke this story on 3 Jul, 12:02 pm. Other outlets followed.

  1. 1
    news183 Jul, 12:02 pm
    Moneyview, Chandan Steel get Sebi's approval to float IPOs
  2. 2
    businessstandard3 Jul, 12:07 pm
    Moneyview, Chandan Steel get Sebi's approval to raise funds through IPOs

Lens Score breakdown

39/100
Public interest0/100
Coverage gap100%

Story is receiving appropriate media attention relative to public interest.

Who's involved

Institutions and figures named across source coverage.

Government
Securities and Exchange Board of India
Corporate
Shivganga DrillersMoneyviewWhizdm FinanceChandan SteelTorrent Gas

Story context

Category
Business
Location
New Delhi, India
Sources analysed
2
Last analysed
3 Jul 2026
Key entities
Sebi (song)Initial public offeringFintechUnicorn (finance)CroreCommon stockIndian rupeeIIT DelhiRed herring prospectusCreditSubsidiaryDefault (finance)