
Manba Finance Limited IPO
Offer Price | ₹ 114-120 |
Lot Size | 125 |
The Manba Finance IPO subscription is closed for application
IPO Application Period
Manba Finance IPO Details
Manba Finance IPO is a book-built issue of ₹150.84 crores, The total issue size is ₹150.84 crores. The IPO of Manba Finance is priced at ₹114-120 per equity share, which has a face value of ₹10 Per Equity Share each, IPO bidding starts from Sep 23 and ends on Sep 25. The allotment for Manba Finance IPO will be finalized on Sep 26. Manba Finance IPO will be listed on BSE, NSE, with a tentative listing date fixed as Sep 30. The company shall list its equity shares on the BSE, NSE. Link Intime India Pvt Ltd is the registrar of the issue.
Retail investors can bid for a minimum of 125 shares, extendable to 15,000. The book-running lead manager for the IPO is/are Hem Securities Limited.
The total issue ₹150.84 crore, comprising a fresh issue of 1,25,70,000 shares ₹150.84 crore and
The Manba Finance IPO sets its price band at 114-120 for each share. A single application for Manba Finance Limited IPO must contain at least 125 shares. Sentiment investors need to invest a minimum of 125 through their retail account. For investors to prevent oversubscription issues, they should submit bids at the cutoff price, which estimates about ₹15,000
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