Manba Finance IPO

Listed Listed stocks

Manba Finance IPO Details

  • Bidding Date

    23-Sep-2024 to
    25-Sep-2024

  • Issue Size

    ₹150.84 Cr

  • Price Band

    ₹114 to ₹120

  • Allotment date

    26-Sep-2024

  • Listing date

    30-Sep-2024

  • Lot size

    125

  • No. of shares

    1,25,70,000

  • Fresh issue/OFS

    ₹150.84 Cr /--

About Manba Finance Company

Manba Finance Ltd commenced its business in 1998 as a Non-Banking Financial Company - Base Layer (NBFC-BL), operating out of Mumbai, Maharashtra. The company specializes in offering financial solutions primarily focused on vehicle loans, small business loans, and personal loans. The company operates across 66 locations with 29 branches, primarily in the states of Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh. It has established relationships with over 1,100 vehicle dealers, including more than 190 EV dealers, allowing it to penetrate deeper into these markets.

Read our in-depth analysis of the Manba Finance Ltd IPO Here indepth analysis about ipo

Subscription Status

  • Category

    Status

  • QIBs

    148.6x

  • NIIs

    506x

  • Retail

    129.6x

  • Others

    --

  • Total

    215.7x

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FAQs for Manba Finance IPO.

The issue size of Manba Finance is ₹150.84 Cr.

Manba Finance falls into Non-banking Financial Services industry.

The Manba Finance IPO will be listed on both NSE and BSE.

The open and close dates for the Manba Finance are 23-Sep-2024 & 25-Sep-2024.

The price band for the Manba Finance ipo is ₹114 to ₹120

The listing date of Manba Finance IPO is 30-Sep-2024.

The purpose of this IPO is to raise fresh capital.

Manba Finance total subscription ratio is 215.7X.

Key financial of the Manba Finance are:


Manba Finance FY-24 FY-23 FY-22
Revenue (₹ Cr) 191.59 133.32 106.59
EBIT (₹ Cr) 120.47 79.5 59.22
Proft after Tax (₹ Cr) 31.18 16.58 9.74
Debt (₹ Cr) 752.27 595.93 394.4
Net Worth (₹ Cr) 200.61 168.43 151.74
RoE (%) 15.54 9.84 6.42