Manba Finance IPO GMP, Review, Price, Date & Latest IPO Details

Manba Finance IPO GMP : Manba Finance IPO GMP is Open on 23 Sep 2024 and Close on 25 Sep 2024. Manba Finance IPO to Raise 12,570,000 shares (Approx ₹150.84 Cr) via IPO. The Fresh issue of 12,570,000 shares (Approx ₹150.84 Cr).

We are a NBFC-BL providing financial solutions for New 2Ws, 3Ws, EV2Ws, EV3Ws, Used Cars, Small Business Loans and Personal Loans. Our Loan Portfolio Comprises of New Vehicle Loans with an average ticket size (ATS) We provide financial solutions to our target customers who are looking for a quick turnaround time (TAT) for loan sanction and disbursement.

We are based out of Mumbai, Maharashtra and operate out of 65 Locations connected to 28 branches across five (5) states in western, central and north India. We have established deep and long-term relationships with more than 850 Dealers, including more than 60 EV Dealers, across Maharashtra, Gujarat, Rajasthan, Chhattisgarh and Madhya Pradesh.

We have recently expanded our loan portfolio to Used Car Loans, Small Business Loans and Personal Loans and we intend to leverage our existing network to further penetrate the market with our new products.

Our Target Customers Are Mainly-

1. Salaried
2. Self-Employed

Manba Finance IPO Date & Price Band Details

Manba Finance IPO Market Lot Details

Object of the Issue

1.  Augmenting our capital base to meet our Company’s future capital requirements towards onward lending.
2.  General corporate purposes.

Manba Finance IPO Allotment & Listings (Details)

Manba Finance Financial Reports

Our Company Promoters

1. Manish Kiritkumar Shah
2. Nikita Manish Shah
3. Monil Manish Shah

Qualitative Factors

•  Established relationships with Dealers.
•  Ability to expand to new Underpenetrated geographies.
•  Access to diversified and cost-effective long-term borrowing.
•  Technology drive and scalable operating model with quick Turn Around Time (TAT) for loan processing.
•  Extensive collections infrastructure and processes leading to maintenance of our Company’s asset quality.
•  Experienced Promoters and professional management team.

Comparison of Accounting Ratios with Peer Group Companies 

• Manba Finance Limited.
• Finserv Limited.
• Baid Arman Financial Services Limited.
• MASFinancial Services Limited.

Also Read: KRN Heat Exchanger IPO 

Manba Finance Company Contact Details

324, Runwal Heights Commercial Complex, L.B.S Marg, Opp. Nirmal Lifestyle,
Mulund (West), Mumbai 400 080,
Maharashtra, India
Tel.: +91 22 6234 6598
E-mail: [email protected]
Website : www.manbafinance.com

Manba Finance Lead Manager

Hem Securities Limited
904, A Wing, Naman Midtown,
Senapati Bapat Marg, Elphinstone Road,
Lower Parel, Mumbai 400 013,
Maharashtra, IndiaTel: +91 22 4906 0000
E-mail: [email protected]
Website: www.hemsecurities.com
Investor grievance e-mail: [email protected]

Manba Finance IPO Registrar

Link Intime India Private Limited
C-101, 1stFloor 247 Park, L.B.S. Marg Vikhroli WestMumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
Email: [email protected]
Website: www.linkintime.co.in
Investor Grievance ID: [email protected]
Contact Person: Shanti Gopalkrishnan