The Manba Finance has begun on 23-September-2024. It will close on 25-September-2024. The Total IPO Size is 150.84 Crore. The company set its IPO price is 114-120 Rs Per Share.
Basically, there are three basic categories in Manba Finance IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
Manba Finance is incorporated in 1998.
Manba Finance are a NBFC-BL providing financial solutions for New 2Ws, 3Ws, EV2Ws, EV3Ws, Used Cars, Small
Business Loans and Personal Loans with an AUM size of more than ₹ 80,000 lakhs as on December 31, 2023.
Their 99% of their loan portfolio comprises of New Vehicle Loans with an average ticket size (ATS) of around ₹ 0.80 lakhs.
They are based out of Mumbai, Maharashtra and operate out of 65 Locations connected to 28 branches across five (5) states in western, central and north India.
They have recently expanded their loan portfolio to Used Car Loans, Small Business Loans and Personal Loans and They intend to leverage our existing network to further penetrate the market with their new products.
Manba Investments and Securities Private Limited, Avalon Advisory and Consultant Services Private Limited, Manba Fincorp Private Limited, Manba Infotech LLP and Manish Kiritkumar Shah (HUF) are the Promoters of the company.
Manba Finance IPO Date, Details & Price Band
The Manba Finance IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 23-September-2024 |
| IPO Closing Dates | 25-September-2024 |
| Price Band | 114-120 Rs |
| Fresh size | 150.84 Crore |
| Total IPO size | 150.84 Crore |
| Minimum bid (lot size) | 125 Shares |
| Face Value | 10 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Manba Finance IPO Market Lot
The Manba Finance IPO minimum market lot is 125 shares With 15,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 125 | 14,991 ₹ |
| Retail Maximum | 13 | 1625 | 195,000 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-24 | 973.75 | 191.63 | 31.42 |
| 31-Mar-23 | 787.25 | 133.32 | 16.58 |
Manba Finance IPO GMP & Grey Market Premium
Manba Finance IPO GMP Grey market premium has been started today. Check Latest Manba Finance IPO GMP, Kostak Rates and Subject to Sauda Price here.
Manba Finance IPO Prospectus
Manba Finance IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Manba Finance IPO Prospectus.
| DRHP | Download |
| RHP | Download |
| Anchor List | Download |
Manba Finance IPO Form Download
Manba Finance IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Manba Finance IPO forms.
Manba Finance IPO Allotment Date & Details
| Allotment Date | 26-Sep-2024 |
| Initiation of refunds | 26-Sep-2024 |
| Transfer of shares to Demat accounts | 27-Sep-2024 |
| Listing Date | 30-Sep-2024 |
| Check Allotment Status | Click here |
Registrar of Manba Finance
Link Intime India Private Limited
C-101, 1st Floor, 247 Park,
L.B. S. Marg, Vikhroli (West)
Mumbai 400 083
Maharashtra, India
Telephone: +91 81081 14949
E-mail: [email protected]
Investor grievance e-mail: [email protected]
Website: www.linkintime.co.in
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Manba Finance Contact Details
Manba Finance Limited
324, Runwal Heights Commercial Complex,
L.B.S Marg, Opp. Nirmal Lifestyle,
Mulund (West), Mumbai – 400 080
Phone: +91 22 6234 6598
Email: [email protected]
Website: http://www.manbafinance.com/
Manba Finance IPO Lead Managers
Hem Securities Limited
904, A Wing, Naman Midtown,
Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai 400 013,
Maharashtra, India
Tel: +91 22 4906 0000
E-mail: [email protected]
Website: www.hemsecurities.com
Investor grievance e-mail: [email protected]
Contact Person: Roshni Lahoti
SEBI Registration No. INM000010981
Contact Person: Rupesh Khant
SEBI Registration No.: INM000011179