Manba Finance IPO GMP Today & Grey Market Premium

MANBA FINANCE IPO Details Today, GMP Price, Date, Review
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Manba Finance IPO GMP Today in The Grey Market is Not Available at The Moment. Investors are Advised to Closely Monitor Market Trends and consult Reliable Sources for the Most up-to-date Information. It is Important to Exercise Caution and Conduct Thorough Research Before Making Any Investment Decisions.

About Manba Finance IPO-

How Much GMP Price Manba Finance IPO today?, live Grey Market Premium Kostak Rates today live Manba Finance IPO Now. Subject to sauda Rate today, Manba Finance IPO as of today Subject to sauda rates kostak. Manba Finance IPO is to open on 23 Sep 2024. Manba Finance is a SME IPO to Raise 12,570,000 shares (Approx ₹150.84 Cr) Via IPO. The Manba Finance IPO Price Band is Fixed At ₹120 Per Every Share With a IPO Lot Size of 125 Shares.

About Manba Finance Data Like –
  • Monil Manish Shah is the CEO of Manba Finance and Manba Finance was founded in the year 1996 and has just completed 27 years in operation.
  • Manba Finance 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.

Manba Finance IPO GMP With Per Lot Profit

DATE IPO GMP PRICE EST LISTING PRICE
22 Sep ₹61 ₹181
21 Sep ₹61 ₹181
20 Sep ₹61 ₹181
19 Sep ₹0 ₹120
18 Sep ₹0 ₹120

Also Read : Manba Finance IPO GMP, Review, Price, Date & Latest IPO Details

Latest IPO GMP

Before investing money in any IPO, one should pay more attention to the fact that the IPO GMP price is very volatile, if you are thinking of investing in Manba Finance IPO by looking at the GMP price, then your decision may prove to be quite risky.

Before investing in a new IPO, you should have good knowledge about the business of the company. It should be your decision whether to invest in Manba Finance IPO or not and not by looking at the GMP price of the IPO.

Grey Market Premium (GMP) is the price at which an IPO is traded in an informal/unregulated manner before getting listed on the stock exchange. Going to do. A good GMP premium/price gives you an indication of how much profit the IPO will make upon listing. 

If the GMP premium of an IPO is negative, then one should avoid investing money in that IPO. Readers should consult a qualified financial advisor before making investment decisions. Any reader making any investment decision based on the information published here does so entirely at his own risk.

Investors should be aware that any investment in the equity market is subject to unpredictable market-related risks. The author does not intend to invest in this offering.

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