Manba Finance IPO Subscription Status – IPO Closed

Manba Finance IPO subscription status started on Monday September 23, 2024 and will close on September 25, 2024. Manba Finance IPO to raise around ₹150.84 crores via IPO. The retail quota is 35%, QIB is 50% and NII is 15%. The price band is fixed at ₹114 to ₹120 per equity share.

Manba Finance IPO

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The Manba Finance IPO minimum market lot is 125 shares with ₹15,000 application amount. The Manba Finance IPO is a Mainline IPO, and it is to be listed on BSE & NSE.

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.


IPOWatch View

We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.

Manba Finance IPO Subscription Status – Day 3

CategoryDay 1Day 2Day 3
QIB2.364.15148.55
NII43.26172.38511.62
bNII37.52166.85546.56
sNII54.75183.43441.73
RII28.0570.67143.95
Total23.9773.46224.05


Manba Finance IPO Investor Categories

  • Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
  • Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
  • Retail Individual Investors (RII): Retail Individual Investors or NRIs
  • Employee (EMP): Eligible Employees
  • Others: Eligible Shareholders

Manba Finance IPO Review

  • Avoid

Manba Finance IPO Form

How to apply for the Manba Finance IPO? You can apply for Manba Finance IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Manba Finance IPO in the Invest section. The other option is you can apply for Manba Finance IPO via IPO forms downloaded online. Check out the Manba Finance forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

Manba Finance IPO Subscription Status FAQs:


When Manba Finance IPO Subscription will start?

The IPO subscription starts on September 23, 2024 for QIB, NII, and Retail Investors.

How to subscribe Manba Finance IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live Manba Finance IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

How to Apply the Manba Finance IPO through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Manba Finance “. Click on Bid Button. Enter your UPI ID, Quantity and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

How to Apply the Manba Finance IPO through Upstox?

Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Manba Finance “. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

How to Apply the Manba Finance IPO through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “Manba Finance ” Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.

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