Manba Finance Limited (MAINBOARD)
Sep 23, 2024 - Sep 25, 2024
| Price | ₹114 - ₹120 |
| Premium | ₹0 |
|---|---|
| Lot size | 125 |
| Allotment | Sep 26, 2024 |
| Listing | Sep 30, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 125 | 15000 | 35196 |
| sHNI | 14 | 1750 | 210000 | 359 |
| bHNI | 67 | 8375 | 1005000 | 718 |
Manba Finance IPO Details
| Issue Size | 12,570,000 shares (aggregating up to ₹150.84 Cr) |
| Fresh Issue | 12,570,000 shares (aggregating up to ₹150.84 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE NSE |
| Share holding pre issue | 37,669,410 |
| Share holding post issue | 50,239,410 |
Manba Finance IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50.00% of the 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 |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 17.03% | 10.36% | 6.63% |
| RONW | 15.66% | 9.84% | 6.42% |
| D/E | 3.75 | 3.54 | 2.6 |
| EPS (basic) | 8.34 | 4.4 | 2.59 |
| P/E Pre IPO | 14.39 | ||
| P/E Post IPO | 19.19 |
Company Financials
Manba Finance Limited Financial Information (Restated)
Manba Finance Limited's revenue increased by 44% and profit after tax (PAT) rose by 90% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period | Mar 2024 | Mar 2023 | Mar 2022 | |||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | 973.75 | 787.25 | 561.46 | |||||||||||||||||||||||||||
| Revenue | 191.63 | 133.32 | 106.62 | |||||||||||||||||||||||||||
| Profit | 31.42 | 16.58 | 9.74 | |||||||||||||||||||||||||||
| Net Worth | 200.61 | 168.43 | 151.74 | |||||||||||||||||||||||||||
| Reserves | 162.46 | 155.54 | 138.96 | |||||||||||||||||||||||||||
| Borrowing | 752.27 | 595.93 | 394.4 | |||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||
About Company
Established in 1998, Manba Finance Limited is a non-banking finance company (NBFC-BL) specializing in providing financial solutions for two-wheelers, three-wheelers, electric vehicles, used cars, small business loans, and personal loans. Catering primarily to employees and the self-employed, the company finances up to 85% of the vehicle's purchase price. With a strong presence in urban, semi-urban, and rural areas, Manba Finance has built relationships with over 1,100 dealers, including 190 EV dealers across several states. As of March 31, 2024, the company employed 1,344 people.
Phone: +91-22-4918 6270
Email: manbafinanceipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html