Manba Finance Limited

Company Profile
Company Name Manba Finance Limited
Open Date 23-09-2024
Close Date 25-09-2024
Exchange BSE, NSE
Lot Size 125 Shares
Issue Price ₹114 to ₹120 per share
Issue Size 1,25,70,000 shares
Application Amount ₹ 15,000 – ₹ 1,95,000 (125 to 1,625 shares)
Recommendation Neutral

Manba Finance Limited was originally formed and incorporated on May 31, 1996. The registered office is located at Mumbai, Maharashtra. The company offers financial solutions for New two wheelers (2Ws,) three wheeler (3Ws), electric two wheeler (EV2Ws), electric three wheeler (EV3Ws), Used Cars, Small Business Loans and Personal Loans. The company had 1,344 permanent employees as of March 31, 2024.

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Financial Summary in Cr

KPI’s FY 22 FY 23 FY 24
Revenue 106.59 133.32 191.70
EBITDA 56.31 83.85 125.32
Net Profit 9.74 16.58 31.53
RoNW 6.42% 9.84% 15.66%
RoA 1.74% 2.46% 3.57%
P/E 46.33 27.27 14.39

Tentative Timeline

Opening Date 23/09/2024
Closing Date 25-09-2024
Basis of Allotment 26-09-2024
Initiation of Refunds 26-09-2024
Credit of Shares to Demat 27-09-2024
Listing Date 30-09-2024

Objects of the Issue

Augmentation of the capital base to meet future capital requirements

Contact Information

Registered Office 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/

Registrar Details

Name Link Intime India Private Limited
Phone +91-22-4918 6270
Email manbafinanceipo@linkintime.co.in
Website https://linkintime.co.in/initial_offer/public-issues.html

IPO Reservation

QIB Shares Offered Not more than 50.00% of the Net offer
Retail Shares Offered Not less than 35.00% of the Net Issue
NII (HNI) Shares Offered Not less than 15.00% of the Net Issue

Shareholding Pattern

Shareholding Pre Issue (Promoters) 100.00%
Shareholding Post Issue (Promoters) 74.98%

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