IPO Trending
MANBAEQ / NSE, BSEListed

Manba Finance Limited

Established in 1998, Manba Finance Limited is an NBFC-BL that provides financing solutions for two-wheelers, three-wheelers, electric vehicles, used cars, small business loans, and personal loans. It serves both salaried and self-employed customers and finances up to 85% of a vehicle’s purchase value. The company has a strong presence across urban, semi-urban, and rural regions, and has partnered with more than 1,100 dealers, including around 190 EV dealers in several states. As of March 31, 2024, Manba Finance employed 1,344 people.

drhpanchor
₹114 - ₹120224.1x sub
Listed Price₹145.00
Listing Gain+20.83%
Timeline•Bookbuilding IPO
Open23 Sep 2024
Close25 Sep 2024
Allotment26 Sep 2024
Listing30 Sep 2024

Quota Reservation Portions

QIBPortion: 25,14,000 shares
28.57%
HNIPortion: 18,85,500 shares
21.43%
RetailPortion: 43,99,500 shares
50%

Minimum Application Bracket Matrix

Retail1 lots / 125 shares
₹15,000
sHNI14 lots / 1,750 shares
₹2,10,000
bHNI67 lots / 8,375 shares
₹10,05,000

About the Company

Established in 1998, Manba Finance Limited is an NBFC-BL that provides financing solutions for two-wheelers, three-wheelers, electric vehicles, used cars, small business loans, and personal loans. It serves both salaried and self-employed customers and finances up to 85% of a vehicle’s purchase value. The company has a strong presence across urban, semi-urban, and rural regions, and has partnered with more than 1,100 dealers, including around 190 EV dealers in several states. As of March 31, 2024, Manba Finance employed 1,344 people.

Company Promoters

Manba Investments and Securities Private LimitedAvalon Advisory and Consultant Services Private Limited Manba Fincorp Private Limited Manba Infotech LLP and Manish Kiritkumar Shah (HUF).

Lead Managers

Hem Securities Limited

Registrar

Link Intime India Private Limited
+91-22-4918 6270
manbafinanceipo@linkintime.co.in
https://linkintime.co.in/initial_offer/public-issues.html
View Registrar Details