Bidding Dates
23 Sept 24 - 25 Sept 24
Price Range ₹
114 - 120
Total Equity
₹ 150.84Cr
Lot Size
125
Exchange Status
BSE,NSE
IPO Doc
Non-Institutional Investor
144.03×
Qualified Institutional Buyers
148.55×
Employees
0.00×
Retail Investors
144.03×
Total subscription Rate
224.10×
Offer start
23 Sept 2024
Offer end
25 Sept 2024
Allotment
26 Sept 2024
Refund initiation
26 Sept 2024
Demat transfer
27 Sept 2024
Listing
30 Sept 2024
Offer start
23 Sept 2024
Offer end
25 Sept 2024
Allotment
26 Sept 2024
Refund initiation
26 Sept 2024
Demat transfer
27 Sept 2024
Listing
30 Sept 2024
Manba Finance Limited, established in 1998, is a non-banking finance company (NBFC-BL) that provides a range of financial solutions, including financing for new two-wheelers (2Ws), three-wheelers (3Ws), electric two-wheelers (EV2Ws), electric three-wheelers (EV3Ws), used cars, small business loans, and personal loans. The company primarily targets (i) employees and (ii) self-employed individuals, offering customized financing programs tailored to these customer segments. Typically, the company finances up to 85% of a vehicle's on-road price, with the customer expected to contribute the remaining amount. Operating through branches in urban, semi-urban, and metropolitan areas, the company also serves surrounding rural regions. Manba Finance has built relationships with over 1,100 dealers, including more than 190 EV dealers across Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh. As of March 31, 2024, the company employed 1,344 people.
Year Founded
31-05-1996
Promotor Details
Anshu Shrivastava
Particular | Pre-IPO | Post-IPO |
---|---|---|
Percentage | 100 | 0 |
Share Capital | 37669410 | 0 |
1,25,70,000.00 Cr
Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
---|---|---|---|---|---|
2018 | 3,33,92,80,100.00 | 7,98,27,850.00 | 8,22,76,270.00 | 8,22,76,270.00 | 2.9115 |
2019 | 5,06,49,45,700.00 | 9,43,91,350.00 | 8,22,76,270.00 | 8,22,76,270.00 | 2.9115 |
2017 | 2,25,32,35,200.00 | 5,71,47,440.00 | 14,33,38,160.00 | 14,33,38,160.00 | 4.2897 |