73  Total SME IPOs listed in 2025

3,196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

73  Total SME IPOs listed in 2025

3196.85 Crs.  Total funds raised in 2025

49  SME IPOs listed with Gain in 2025

24  SME IPOs listed with loss in 2025

Manba Finance IPO (Manba Finance Limited IPO) Detail

Manba Finance IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 150.84 Cr. The company is based in Mumbai and caters to Banking And Finance sector. Hem Securities is the merchant banker of Manba Finance IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 6th March 2024.

Manba Finance IPO open date is 23rd September 2024 and close date is 25th September 2024. IPO Allotment Date is 26th September 2024 and Listing date is 30th September 2024.

IPO Category : MainBoard
Exchange : BSE,NSE
Issue Type : Book Building

IPO Key Highlights

  • IPO Size: ₹ 150.84 Cr. Avg IPO Size (Sector Based) : ₹ 1,777.43 cr.
  • Sector: Banking And Finance IPO so far: 79
  • Merchant Banker: Hem Securities IPO by BRLM so far: 2
  • City: Mumbai IPO so far: 184
  • Revenue (annualised): ₹ 191.63 cr.
            PAT: (annualised): ₹ 31.42 cr. Read Financial Information >>
  • PE Ratio: 19.19x Average Sector PE Ratio: 20.56x

Manba Finance IPO Date

Date of DRHP:
6th March 2024
IPO Open Date:
23rd September 2024
IPO Close Date:
25th September 2024
IPO Allotment Date:
26th September 2024
Initiation of Refund:
26th September 2024
IPO Listing Date:
30th September 2024

Manba Finance IPO Info, Size, Subscription

Manba Finance IPO size is ₹ 150.84 Cr. with IPO price of ₹ 120.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.

IPO Size :
₹ 150.84 Cr.

Issue Price:
₹ 120.00

Market Capitalisation :
₹ 602.87 Cr.

PE multiple :
19.19

Subscription :
224.05 times

Pre Issue Promoter Holding :
100.00 %

Post Issue Promoter Holding :
74.98 %

Manba Finance IPO Information

Sub Sector : finance company (NBFC-BL) offering financial solutions for new two-wheelers (2Ws), three-wheelers (3Ws), electric two-wheelers
Manba Finance Limited is centralised credit team which remotely reviews loan applications and undertakes credit decisions primarily based on the credit data of the customer. They have implemented a comprehensive and robust credit assessment, risk management and collections framework to identify, monitor and manage risks inherent in their line of business. They base their credit decisions on certain key factors like their internal credit policies, LTV and the customer’s existing cash-flows, CIBIL score and the collateral, which in case of vehicle finance is the vehicle itself, to assess the ability and capability of the customer to repay the loan to be disbursed by their Company. They have established business processes and technologies to facilitate the sanction of more than 85% loans on the same day
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Object of Issue (Manba Finance IPO Objectives)

  • The Company proposes to utilize the Net Proceeds towards augmenting the capital base to meet the Company's capital requirement

Hem Securities Limited is the book-running lead manager of the Manba Finance IPO. Link Intime India Private Limited is the Registrar for Manba Finance IPO.

Manba Finance IPO Registrar (RTA)

Link Intime India Private Limited

Manba Finance IPO Lead Manager (BRLM)

Hem Securities Limited

Manba Finance IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.

What is Manba Finance IPO?

Manba Finance IPO, based in Mumbai, operates in the   Banking And Finance sector with a focus on finance company (NBFC-BL) offering financial solutions for new two-wheelers (2Ws), three-wheelers (3Ws), electric two-wheelers. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Manba Finance IPO size is ₹ 150.84 Cr. with fresh issue size of ₹ 150.84 Cr. and Offer for sale being ₹ Nil

When is Manba Finance IPO allotment?

The IPO allotment date for Manba Finance IPO is expected to be 26th September 2024, after the finalization of basis of allotment. Investors can check Manba Finance IPO allotment status on the registrars website, Link Intime India Private Limited . Manba Finance IPO refund dates are 26th September 2024.

When is Manba Finance IPO listing date?

Manba Finance IPO is expected to be listed on 30th September 2024.

What is the price band for Manba Finance IPO?

The upper price band for the Manba Finance IPO is set at ₹ 120.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.

What is Manba Finance IPO Review?

For IPO analysis on Manba Finance IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.

How to Apply for Manba Finance IPO?

To apply for the Manba Finance IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 25th September 2024. After submission, funds are blocked until the basis of allotment of Manba Finance IPO is finalised.

Who is the merchant banker of Manba Finance IPO?

The merchant banker for Manba Finance IPO is Hem Securities Limited . Hem Securities Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Manba Finance IPO RHP for further details.

Who is the Registrar of Manba Finance IPO?

The registrar for Manba Finance IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Manba Finance IPO through their official website or helpline.

What is the Manba Finance IPO subscription?

Manba Finance IPO was subscribed 224.05 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.

IPO Key Highlights

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FAQs

Manba Finance IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Manba Finance Financial Review Page

Manba Finance IPO subscription was 224.05 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Manba Finance IPO listed at a listing price of 157.45 against the offer price of 120.00.

The current market price of Manba Finance is 139.12.

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