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MANBAEQ / NSE, BSEListed
Manba Finance

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.

₹114 - ₹120224.1x sub
Listed Price₹145.00
Listing Gain+20.83%

IPO Schedule & Timeline

Bookbuilding IPO
Open23 Sep 2024
Close25 Sep 2024
Allotment26 Sep 2024
Listing30 Sep 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

QIB25,14,000 shares
28.57%
HNI18,85,500 shares
21.43%
Retail43,99,500 shares
50%

Minimum Application Lots

Retail1 Lot (125 shares)
₹15,000
sHNI14 Lots (1,750 shares)
₹2,10,000
bHNI67 Lots (8,375 shares)
₹10,05,000

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).

Company Background

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-urba...

Lead Managers & Bankers

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar-24)₹191.63 Cr
Growth+79.7%
Revenue Trend (₹ in Crores)
0.073.5146.9220.4Mar-22Mar-23Mar-24
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar-24191.6331.42973.75752.27
Mar-23133.3216.58787.25595.93
Mar-22106.629.74561.46394.4

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Mar-24 8.34 17.03%0%14.3919.19
Mar-23 4.410.36%0%00
Mar-222.596.63%0%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Limited

Allotment Finalized
Allotment Date
26 Sep 2024
Official Status
Out / Finalized
Registrar
Link Intime India Private Limited
Listing Date
30 Sep 2024

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Limited

Direct allotment verification on the official registrar portal appointed for Manba Finance. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization26 Sep 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date30 Sep 2024Trading commences on exchange

How to Check Manba Finance Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Manba Finance from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Allotment FAQs & Help

About Manba Finance IPO

Complete issue overview for Manba Finance (MANBA) IPO. The issue features an equity share price band of ₹114 – ₹120 per share with a minimum retail lot size of 125 Shares (minimum application amount of ₹15,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions