Manba Finance IPO
ListedManba Finance IPO Details
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Bidding Date
23-Sep-2024 to
25-Sep-2024 -
Issue Size
₹150.84 Cr
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Price Band
₹114 to ₹120
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Allotment date
26-Sep-2024
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Listing date
30-Sep-2024
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Lot size
125
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No. of shares
1,25,70,000
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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
Subscription Status
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Category
Status
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QIBs
148.6x
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NIIs
506x
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Retail
129.6x
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Others
--
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Total
215.7x
FAQs for Manba Finance IPO.
What is the issue size of Manba Finance IPO?
The issue size of Manba Finance is ₹150.84 Cr.
What is the industry of Manba Finance?
Manba Finance falls into Non-banking Financial Services industry.
Where Manba Finance IPO will be listed?
The Manba Finance IPO will be listed on both NSE and BSE.
What are the open and close dates for the Manba Finance IPO?
The open and close dates for the Manba Finance are 23-Sep-2024 & 25-Sep-2024.
What are the price band for Manba Finance IPO?
The price band for the Manba Finance ipo is ₹114 to ₹120
What is the listing date of Manba Finance IPO?
The listing date of Manba Finance IPO is 30-Sep-2024.
What is the purpose for the Manba Finance IPO?
The purpose of this IPO is to raise fresh capital.
How much times Manba Finance IPO subscribed?
Manba Finance total subscription ratio is 215.7X.
What are the key financials for the Manba Finance IPO?
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 |