247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Manba Finance Limited IPO (Manba Finance IPO) Details

Manba Finance Limited is an Banking And Finance based company, located in Mumbai, Manba Finance Limited IPO size was 150.84 Cr. and was issued at 120.00 per share. The share of Manba Finance Limited were listed at 157.45 per share and are currently trading at 162.75 per share.

Type :
Sub Sector : Finance Company (NBFC-BL) Offering Financial Solutions For New Two-wheelers (2Ws), Three-wheelers (3Ws), Electric Two-wheelers
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
191.63 Cr.

PAT :
31.42 Cr.

Pricing Report

Issue Price :
120.00

Listing Price :
157.45

Current Market Price :
162.75

Issue Price vs CMP :
42.75 (35.63%)

listing Price vs CMP :
5.3 (3.37%)

Performance Report (CAGR* wise)

CAGR : 167.59
-ve 0 6 9 12+
Above Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Manba Finance

Company Information
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
Object of Issue
  • The Company proposes to utilize the Net Proceeds towards augmenting the capital base to meet the Company

Manba Finance MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Sep, 2024
IPO Size :
150.84 Cr.
Market Cap :
602.87 Cr.   
IPO Subscription :
224.05 X     
PE Multiple :
19.19
Merchant Banker :
Hem Securities Limited
IPO Registrar:
Link Intime India Private Limited

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FAQs

Manba Finance operates in Banking And Finance and Finance Company (NBFC-BL) Offering Financial Solutions For New Two-wheelers (2Ws), Three-wheelers (3Ws), Electric Two-wheelers. The Issue is listed on MainBoard in Sep, 2024. Manba Finance IPO size was 150.84 Cr. with Issue price of 120.00 .

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 162.75.

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