Manba Finance IPO Date, Review, Price, Allotment Details

Manba Finance IPO Details

Manba Finance IPO IPO Market Lot

The Manba Finance IPO minimum market lot is 125 shares with ₹15,000 application amount. The retail investors can apply up-to 13 lots with 1625 shares or ₹195,000 amount.

Manba Finance IPO Dates

The Manba Finance IPO date is September 23 and the close date is September 25. The Manba Finance IPO allotment will be finalized on September 26 and the IPO listing on September 30.

Promoters of Manba Finance IPO

The promoters of the company are 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).

About Manba Finance IPO

Manba Finance Limited is the Non-Banking Financial Company-Base Layer (NBFC-BL) providing financial solutions for New two wheeler (2Ws,) three wheeler (3Ws), electric two wheeler (EV2Ws), electric three wheeler (EV3Ws), Used Cars, Small Business Loans and Personal Loans. They provide loans fo the AUM size of more than ₹ 90,000 lakhs as of March 31, 2024. They are one of the best financial solutions providers in India especially targeting customers who are looking for a quick turnaround time (TAT) for loan sanction and disbursement. It is a Maharashtra-based company and operates around 66 Locations connected to 29 branches across six (6) states in western, central, and north India. They have a strong portfolio with more than 1,100 Dealers, including more than 190 EV Dealers, across Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh. The company has recently expanded its loan portfolio to the Used Car Loans, Small Business Loans, and Personal Loans sector. They are targeting salaried; and self-employed with customised offers as per each of these categories of customers and prepare tailor-made schemes to attract them to avail loans from them.

Manba Finance IPO Company Financial Report

The company reported revenue of ₹191.63 crores in 2024 against ₹133.32 crores in 2023. The company reported a profit of ₹31.42 crores in 2024 against a profit of ₹16.58 crores in 2023.

Amount ₹ in Crores

Manba Finance IPO Valuation – FY2024

Check Manba Finance IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.

Peer Group Comparison

Objects of the Issue

• The Company proposes to utilize the Net Proceeds towards augmenting the capital base to meet the Company’s future capital requirements.

Manba Finance IPO Review

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Manba Finance IPO Registrar

Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html

IPO Lead Managers aka Merchant Bankers

• Hem Securities Limited

Company Address

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 FAQs