Manba Finance Limited
- Minimum Investment₹14,250
- Price Range₹114 - ₹120
- Issue Size₹150.84 Cr
- Lot Size125 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.
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
No Data
Balance Sheet
| 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
| 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
- PromoterManish Kiritkumar Shah
- PromoterNikita Manish Shah
- PromoterMonil Manish Shah
- PromoterManba Investments and Securities Private Limited (“MISPL”)
- PromoterAvalon Advisory and Consultant Services Private Limited
