Exchanges
BSE, NSE
Industry
Non Banking Financial Company (NBFC)
Issue
Book building

Manba Finance IPO

₹157.45

+31.21% on listing

Listing-day close · BSE · 30 Sep 2024 · issue price ₹120

Manba Finance’s ₹151 crore IPO was priced at ₹120 a share. It listed on the BSE on 30 Sep 2024 and closed its first day at ₹157.45, up 31.21% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹151 Cr
Fresh issue
₹151 Cr
Offer for sale
—
Lot size
125 shares
Minimum investment
₹15,000
Face value
₹10
Registrar
MUFG Intime India

Subscription

Manba Finance IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—154.70×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹603 Cr
P/E (post-issue)
19.2
EPS (post-issue)
₹6.25
Price to book
2.3
ROE
21.36%
ROCE
19.39%
Debt to equity
3.75
Promoter holding
100.00% → 74.98%

Financials as of 31 Mar 2024, from the offer documents.

Listing

Listing date
30 Sep 2024
Issue price
₹120
Open
₹150.00
High
₹157.45
Low
₹144.00
Close
₹157.45

Listing day on the BSE. The close was +31.21% on the issue price.

MANBA FINANCE share price today

FAQs

When did the Manba Finance IPO open and close?

It opened on 23 Sep 2024 and closed on 25 Sep 2024.

What was the Manba Finance IPO price?

The price band was ₹114–120 a share. The final issue price was ₹120.

What is the lot size and minimum investment?

One lot is 125 shares, ₹15,000 at ₹120 a share. Retail investors apply in whole lots.

How much did Manba Finance raise?

₹151 crore: ₹151 crore of new shares.

How many times was the Manba Finance IPO subscribed?

154.70 times overall.

How did Manba Finance list?

It listed on the BSE on 30 Sep 2024 at ₹150.00 and closed the day at ₹157.45, up 31.21% on the ₹120 issue price.

Who is the registrar of the Manba Finance IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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