Manba Finance IPO

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.

Important Details

Open Date : September 23, 2024 Close Date : September 25, 2024. Allotment Date: September 26, 2024 Listing Date: September 30, 2024

Important Details

IPO Price: INR 114-120 per share Lot Size:125 Shares Total Issue Size: INR 150.84 crores

Fundamental Analysis

Manba Finance IPO shows mixed performance: 1. Revenue steadily growing. 2. Equity and liabilities up. 3. Improved profitability. 4. Higher EPS,Increased RoNW.

Peer Comparison

Manba Finance: Strong consolidated profitability. Baid Finserv: Steady standalone earnings. Arman Financial: Significant consolidated assets. MAS Financial: Robust growth, high return metrics.

Objective

Manba Finance Ltd's primary goal is to strengthen its capital base to meet future capital needs and support its growth objectives.

Risks And Challenges

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.