ListedMainboardMANBA

Manba Finance Limited

Manba Finance Limited is a mainboard IPO raising ₹151 Cr at ₹114 – ₹120 a share. It listed on 30 Sept 2024 and trades at ₹136 today, +13.3% against its issue price of ₹120. It was subscribed 224× in total.

120
Issue price
136
Price now
+13.3%
Since issue price
30 Sept 2024
Listed on
224×Subscribed (final) · all exchanges

224.1 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹114 – ₹120
Cut-off price₹120
Issue size₹151 Cr
Shares per lot125
Minimum application₹15,000
Minimum quantity125
Face value₹10
Listing exchanges
ISININE939X01013
Bidding hours10:00 – 17:00 IST
Bidding window23 Sept 2024 – 25 Sept 2024

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.