Manba Finance IPO is to open on September 23. Manba Finance is a Mainline IPO to raise ₹150.84 crores via IPO. The Manba Finance IPO price band is fixed at ₹114 to ₹120 with a market lot of 125 Shares.
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.
Manba Finance IPO GMP Live Rates day by day with Kostak rates.
| Date | IPO GMP | Kostak | Subject to |
| Today | ₹40 | ₹- | ₹4,500 |
| 28 September | ₹55 | ₹- | ₹4,500 |
| 27 September | ₹55 | ₹- | ₹4,500 |
| 26 September | ₹60 | ₹- | ₹5,000 |
| 25 September | ₹60 | ₹- | ₹5,000 |
| 24 September | ₹60 | ₹- | ₹5,500 |
| 23 September | ₹60 | ₹- | ₹5,500 |
| 21 September | ₹60 | ₹- | ₹5,500 |
| 20 September | ₹- | ₹- | ₹- |
| 19 September | ₹- | ₹- | ₹- |
| 18 September | ₹- | ₹- | ₹- |
| 17 September | ₹- | ₹- | ₹- |
Manba Finance IPO Details
| IPO Open Date: | September 23, 2024 |
| IPO Close Date: | September 25, 2024 |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹114 to ₹120 Per Share |
| Issue Size: | Approx ₹150.84 Crores |
| Fresh Issue: | Approx ₹150.84 Crores |
| Issue Type: | Book Built Issue |
| IPO Listing: | BSE & NSE |
| Retail Quota: | Not more than 35% |
| QIB Quota: | Not more than 50% |
| NII Quota: | Not more than 15% |
| DRHP Draft Prospectus: | Click Here |
| RHP Draft Prospectus: | Click Here |
| Anchor Investors List: | Click Here |
Manba Finance IPO Dates
| IPO Open Date: | September 23, 2024 |
| IPO Close Date: | September 25, 2024 |
| Basis of Allotment: | September 26, 2024 |
| Refunds: | September 27, 2024 |
| Credit to Demat Account: | September 27, 2024 |
| IPO Listing Date: | September 30, 2024 |
Manba Finance IPO GMP aka Grey Market Premium FAQs:
What is Manba Finance IPO GMP Today?
Manba Finance IPO GMP is ₹40 as of today.
What is Manba Finance IPO Kostak Rate Today?
Manba Finance IPO Kostak Rate is ₹- as of today.
What is Manba Finance IPO Subject to Sauda Today?
Manba Finance IPO Subject to Sauda is ₹4,500 as of today.
What is Manba Finance IPO Expected Returns?
Manba Finance IPO Expected Returns is 33%.
Disclaimer:
- IPO Grey Market Premium (Manba Finance IPO GMP) mention is valid for the specific date as mentioned in the header.
- We are not buying and selling IPO forms on IPO Grey Market.
- Kostak Rate is the premium one gets by selling his/her IPO application (in an off-market transaction) to someone else even before allotment or listing of the issue.
- Do not subscribe for IPO by just seeing the premium Price as it may change anytime before listing. Subscribe only considering the fundamentals of the companies.
