Manba Finance Ltd's IPO offers 1.26 crore fresh shares worth INR 150.84 crores to boost its capital base for meeting future capital needs and growth objectives.
Open Date : September 23, 2024 Close Date : September 25, 2024. Allotment Date: September 26, 2024 Listing Date: September 30, 2024
IPO Price: INR 114-120 per share Lot Size:125 Shares Total Issue Size: INR 150.84 crores
Manba Finance IPO shows mixed performance: 1. Revenue steadily growing. 2. Equity and liabilities up. 3. Improved profitability. 4. Higher EPS,Increased RoNW.
Manba Finance: Strong consolidated profitability. Baid Finserv: Steady standalone earnings. Arman Financial: Significant consolidated assets. MAS Financial: Robust growth, high return metrics.
Manba Finance Ltd's primary goal is to strengthen its capital base to meet future capital needs and support its growth objectives.
Manba Finance IPO Risks: 1. Reliance on dealer relationships. 2. Limited growth in new loan products. 3. Credit rating downgrades may raise capital costs and affect performance.