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.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.
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 Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
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
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.
Manba Finance IPO is expected to be listed on 30th September 2024.
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.
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.
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.
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.
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.
Manba Finance IPO was subscribed 224.05 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
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
Merchant Banker(s) of Manba Finance IPO: Hem Securities Limited
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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