Subscription Details
The details about the Manba Finance IPO are as:
- The issue size of the IPO is 150.84 Cr.
- The price band for Manba Finance IPO is Rs 141 to Rs 120.
- The shares of Manba Finance IPO will list on 30th September 2024.
- The latest tentative GMP of Manba Finance IPO is Rs 65.
- The shares of Manba Finance IPO are subscribed 224.05 Times as of 25th September 2024.
Manba Finance IPO Valuation
The approx valuation of Manba Finance IPO based on its price band and DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 120 |
| Existing Shares (Qty) |
3.76 Cr |
| Fresh Issue |
150.84 Cr |
| Market Cap |
602.04 Cr |
| EPS (FY24) |
Rs 8.34 |
| PE Ratio |
14.38x |
| Industry PE |
13.45x |
Manba Finance IPO Issue Size
Manba Finance IPO issue size is 150.84 Cr.
| Issue |
Amount |
| Fresh Issue |
150.84 Cr |
| Offer For Sale |
0 Cr |
Manba Finance IPO Market Lot
An Individual can apply for a minimum 1 lot of 125 shares and a maximum of 13 lots of 1625 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
125 |
Rs 15,000 |
| Maximum |
13 |
1625 |
Rs 1,95,000 |
Manba Finance IPO share offer
The shares of Manba Finance IPO are subscribed 224.05 Times as of 25th September 2024. The category-wise shares subscribed are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
148.55 Times |
| Non-Institutional |
Minimum 15% |
511.62 Times |
| Retail Individual |
Minimum 35% |
143.95 Times |
| Total |
|
224.05 Times |
Allotment Details
Find below the dates for Manba Finance IPO:
| Schedule |
Date |
| Basis of Allotment |
26 September 2024 |
| Refunds |
26 September 2024 |
| Credit to Demat Account |
27 September 2024 |
| IPO Listing Date |
30 September 2024 |