Name: Manba Finance Limited IPO
Brand: Manba Finance Limited
Availability: OutOfStock
Rating: 5 (1 reviews)

Question 1

How to apply for Manba Finance Limited IPO?

Accepted Answer

You can apply for Manba Finance Limited IPO through your broker's trading platform or mobile app using UPI or ASBA (Application Supported by Blocked Amount). The IPO was open from 2024-09-23 to 2024-09-25. You need a demat account and bank account to apply.

Question 2

What is the Manba Finance Limited IPO lot size and minimum investment?

Accepted Answer

The minimum lot size for Manba Finance Limited IPO is not announced yet shares. Lot size and price band will be announced soon.

Question 3

When is Manba Finance Limited IPO listing date?

Accepted Answer

Manba Finance Limited IPO is expected to list on 2024-09-30 on NSE and BSE. After listing, you can buy or sell the shares on the stock exchange.

Question 4

What is the Grey Market Premium (GMP) for Manba Finance Limited IPO?

Accepted Answer

The current Grey Market Premium (GMP) for Manba Finance Limited is ₹120, indicating positive market sentiment. GMP is an unofficial indicator of expected listing price and changes based on market demand. It's updated regularly based on grey market trading.

Question 5

What is Manba Finance Limited company's business and sector?

Accepted Answer

Incorporated in 1998, Manba Finance is a non-banking financial company (NBFC-BL) providing financial solutions for new two-wheeler (2Ws,) three-wheeler (3Ws), electric two-wheeler (EV2Ws), electric three-wheelers (EV3Ws), used cars, small business loans and personal loans. It is based out of Mumbai, Maharashtra, and operates out of 66 locations connected to 29 branches across six states in western, central, and north India.  The company’s AUM size is more than ₹ 900 crores as of March 31, 2024, with salaried and self-employed clients being their target customers. The IPO registrar is TBA. Check the DRHP/prospectus for detailed business information.

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Manba Finance Limited

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