Manba Finance IPO open date is September 23, 2024 and the IPO will close on September 25, 2024. Manba Finance IPO is a Book Built Issue. The company to raise around ₹150.84 crores via IPO that comprises fresh issue of ₹150.84 crores and offer for sale up to [.] equity shares with face value of ₹10 each.
Manba Finance IPO price band is ₹114 to ₹120 per share. The retail quota is 35%, QIB is 50%, and HNI is 15%. Manba Finance IPO to list on BSE, NSE on September 30, 2024. The allotment of Manba Finance IPO date is September 26, 2024.
The company reported revenue of ₹191.63 crores in 2024 against ₹133.32 crore in 2023. The company reported profit of ₹31.42 crores in 2024 against profit of ₹16.58 crores in 2023. As per the financials the IPO investors should apply the IPO for a long term.
Manba Finance IPO last GMP is ₹64, last updated Sep 23rd 2024 05:01 PM. With the price band of 120.00, Manba Finance IPO's estimated listing price is ₹184 (cap price + today's GMP).The expected percentage gain/loss per share is 53.33%.
Company Address
Manba Finance Limited
324, Runwal Heights Commercial Complex,
L.B.S Marg, Opp. Nirmal Lifestyle,
Mulund (West), Mumbai – 400 080
Phone: +91 22 6234 6598
Email: investorrelation@manbafinance.com
Website: http://www.manbafinance.com
info@manbafinance.com
Established in the year 1996, we now operate across 5 states in 64 locations, providing competitive and tailored financial services. One of the leading Non-Banking Finance Companies in Mumbai, we strive to deliver our best to meet our customers financial needs.
We’re a team of 1300+ members with a dynamic and young workforce championing the spirit of Manba in our day to day activities. At Manba, the atmosphere is characterized by focus and drive, as everyone collaboratively strives for excellence to pursue their goals.
{investment are subjected to market risk}
Manba Finance takes the leap towards greater things!https://t.co/Dg8QaFYtlS
— Manba Finance Ltd. (@ManbaFinanceLtd) September 18, 2024
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