Manba Finance Limited

  • Minimum Investment
    ₹14,250
  • Price Range
    ₹114 - ₹120
  • Issue Size
    ₹150.84 Cr
  • Lot Size
    125 shares

Proceeds of this IPO to be used for

Augmenting its capital base to meet the company’s future capital requirements towards onward lending.

General corporate purposes.

Download RHP DocumentGet more in-depth details about this IPO.

Strengths & Weaknesses of Manba Finance Limited

Geographically Diversified

The company scaled up operations from 2009 with vehicle financing and now operates in 66 locations across six states: Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh

Diversified funding access

The company has secured funding from diverse sources, including term loans and cash credit facilities from public sector banks, private sector banks, small finance banks, and other financial institutions. It also uses private placement of listed and unlisted NCDs to meet capital requirements

Technology driven

The company has established in-house systems and processes for sales, risk management, and collections, or uses licensed systems from reputable providers. This setup enhances monitoring, quality control, and reduces turnaround time for loan approvals, sanctions, and disbursements

Huge concentration of loans

The company has a significant concentration of loans to salaried and self-employed individuals. The risk of non-payment or default by these borrowers could adversely affect its business, operations, and financial condition

High regulations

The company is subject to inspection by the Reserve Bank of India. Non-compliance with any observations from these inspections could result in penalties and restrictions

Financials

Earnings Per Share

Earnings Per Share (EPS) is calculated by dividing a company’s net income by its average number of outstanding shares.

No Data

Balance Sheet

A financial statement that provides details about a company’s assets, liabilities, and shareholders’ equity at a given point in time.
Particulars (In Cr)Y/Y Change
Total Current Assets--
Total Non-Current Assets--
Fixed assets--
Total assets--
Total Current Liabilities--
Total Non-Current Liabilities--
Total Capital Plus Liabilities--
Total Shareholder Funds--
Total Debt to Equity--

Cash Flow

The net amount of cash or cash equivalents being transferred in and out of a company for a specified period of time. Cashflow stems from operating, investing and financing activities.
Particulars (In Cr)Y/Y Change
Cash from Operating Activity--
Cash from Financing Activities--
Cash from Investing Activities--
Net Cash Flow--

About Manba Finance Limited

Manba Finance was incorporated on May 31, 1996. It is non-banking financial company-base layer (NBFC-BL) offering financial solutions for new two-wheelers, three-wheelers, electric two-wheelers, electric three-wheelers, used cars, small business loans, and personal loans.
  • Promoter
    Manish Kiritkumar Shah
  • Promoter
    Nikita Manish Shah
  • Promoter
    Monil Manish Shah
  • Promoter
    Manba Investments and Securities Private Limited (“MISPL”)
  • Promoter
    Avalon Advisory and Consultant Services Private Limited

Manba Finance Limited IPO FAQs

What is Manba Finance Limited IPO?

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Manba Finance Limited IPO refers to the initial public offering of shares by Manba Finance Limited. It is a process by which the company offers its shares to the public for the first time, allowing individuals to become shareholders.

What is the issue size of Manba Finance Limited IPO?

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For Manba Finance Limited IPO the issue size is ₹151 Cr. The issue size is the total value of the shares offered to the public. It represents the amount the company aims to raise through the IPO.

What is the minimum investment amount for the Manba Finance Limited IPO?

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For Manba Finance Limited IPO the minimum investment is ₹14,250. The minimum investment for Manba Finance Limited IPO is the smallest amount an individual can invest to participate in the offering. It is usually determined by the company and regulatory requirements.

What is the lot size of Manba Finance Limited IPO?

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For Manba Finance Limited IPO the lot size is 125 shares. The lot size of Manba Finance Limited IPO refers to the number of shares that investors need to bid for and purchase in a single transaction. It is predetermined by the company and regulators.

How to apply for Manba Finance Limited IPO on Share.Market?

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To apply for Manba Finance Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the Manba Finance Limited IPO from the list and click on apply now. Place your bids or choose the Cut-off Price option. Enter your UPI ID and set up your mandate to place your application.

Can I pre-apply for Manba Finance Limited IPO?

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Yes, investors can often pre-apply for some of the IPOs. Pre-application allows individuals to express their interest in participating in the IPO before the official subscription period begins. To pre- apply for Manba Finance Limited IPO on Share.Market, go to the home page section and click/press on the browse IPOs section to view the open and upcoming IPOs. Select the IPO from the list and click on pre-apply now. Once the IPO opens for subscription you can enter your UPI ID and set up your mandate to place your application.

How many days is the IPO application window open?

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The IPO application window typically remains open for 3 days, starting from the date of the IPO opening. However, this duration can vary depending on the specific IPO and the regulatory requirements.

Till what time can I apply for an IPO on the last day on Share.Market?

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You can apply for the IPO till 3 PM on the last day of application on Share.Market.

What is the allotment date of Manba Finance Limited IPO?

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For Manba Finance Limited IPO the allotment date is September 26, 2024. The allotment date of Manba Finance Limited IPO is the date on which shares are allocated to the successful bidders. It marks the distribution of shares to investors.

What are the open and close dates of Manba Finance Limited IPO?

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For Manba Finance Limited IPO, the subscription opens on September 23, 2024 and closes on September 25, 2024. The open and close dates of an IPO indicate the period during which investors can submit their bids to participate in the offering.
Bidding Ongoing
-
Total Subscription
215.65x Oversubscribed
Bidding Ongoing
-
Total Subscription
215.65x Oversubscribed