Stay updated with the latest on Manba Finance IPO GMP (Grey Market Premium). We provide live data and key information to help you make informed investment decisions.
Manba Finance IPO GMP Overview
- IPO Open Date: September 23, 2024
- IPO Close Date: September 25, 2024
- Price Band: ₹114 to ₹120 per share
- Issue Size: ₹150.84 Crores
- Listing Date: September 30, 2024
- Lot Size: Minimum 125 shares(₹15,000)
Manba Finance IPO GMP Live Rates
| Dates | IPO GMP |
|---|---|
| September 30, 2024 | ₹33 (27%) |
| September 29, 2024 | ₹38 (32%) |
| September 28, 2024 | ₹40 (33%) |
| September 27, 2024 | ₹56 (47%) |
| September 26, 2024 | ₹58 (48%) |
| September 25, 2024 | ₹58 (48%) |
| September 24, 2024 | ₹64 (53%) |
| September 23, 2024 | ₹60 (50%) |
| September 22, 2024 | ₹60 (50%) |
| September 21, 2024 | ₹60 (50%) |
| September 20, 2024 | ₹- |
| September 19, 2024 | ₹- |
| September 18, 2024 | ₹- |
| September 17, 2024 | ₹- |
IPO Timeline
| Events | Date |
|---|---|
| IPO Open Date | September 23, 2024 |
| IPO Close Date | September 25, 2024 |
| Basis of Allotment | September 26, 2024 |
| Refunds | September 27, 2024 |
| Credit to Demat Account | September 27, 2024 |
| IPO Listing Date | September 30, 2024 |
About Manba Finance
Manba Finance Limited, a Non-Banking Financial Company-Base Layer (NBFC-BL), provides a variety of financial solutions, including loans for new and electric two-wheelers (2Ws), three-wheelers (3Ws), used cars, small businesses, and personal needs. As of March 31, 2024, the company manages assets under management (AUM) exceeding ₹90,000 lakh. Notably, Manba Finance is recognized for its quick loan sanctioning and disbursement, establishing itself as a leading financial solutions provider in India.
Headquartered in Maharashtra, the company operates around 66 locations through 29 branches across six states: Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh. Furthermore, with a robust network of over 1,100 dealers, including more than 190 EV dealers, Manba Finance has recently expanded its loan portfolio to include used car loans, small business loans, and personal loans. Additionally, the company targets both salaried and self-employed individuals, offering customized offers and tailor-made schemes to attract and meet the needs of these diverse customer segments.
Disclaimer
- The Grey Market Premium (GMP) mentioned for (Manba Finance IPO GMP) is applicable only for the specific date provided.
- We do not engage in the buying or selling of IPO forms on the grey market.
- Please do not base your IPO subscription decision solely on the premium price, as it may fluctuate. Always consider the company’s fundamentals before investing.
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