Manba Finance Ltd.
Industry:
Finance - NBFC
Issue Details
Open Date
23 Sep 2024Close Date
25 Sep 2024Size (in Crs.)
105.588
Size (Shares)
-Listing On
BSE, NSE
Issue Terms
Price Range
-6Lot Size
125
Type
Book building
Face Value
10
Market Lot
1
Objective of the Issue
The Company proposes to utilize the Net Proceeds towards augmenting the capital base to meet the Company’s future capital requirements.
Description
We are a NBFC-BL providing financial solutions for New 2Ws, 3Ws, EV2Ws, EV3Ws, Used Cars, Small Business Loans and Personal Loans with an AUM size of more than ? 80,000 lakhs as on December 31, 2023. About 99% of our loan portfolio comprises of New Vehicle Loans with an average ticket size (ATS) of around ? 0.80 lakhs. We provide financial solutions to our target customers who are looking for a quick turnaround time (TAT) for loan sanction and disbursement. We are based out of Mumbai, Maharashtra and operate o... Show More
Address
324 Runwal Heights Commercial Complex , L. B. S Marg, Opp. Nirmal Lifestyle , Mulund (West)
Mumbai
400080
State
Maharashtra
Phone No.
022-62346598 / 62346666
info@manbafinance.com
Website
www.manbafinance.com
Promoter Holding
Promoters:
Avalon Advisory and Consultant Services Pvt Ltd., Manba Fincorp Pvt Ltd., Manba Infotech LLP, Manba Investments and Securities Pvt Ltd., Manish Kiritkumar Shah, Manish Kiritkumar Shah (HUF), Monil Manish Shah, Nikita Manish Shah
Total Share Capital
37669410
Offered to Public
12570000
% Promoter's Holding (Pre-Issue)
100
% Promoter's Holding (Post-Issue)
-
Shares on offer
Total Share Offer
37669410
Of above offred to public
12570000
Post Issue shares
NA
Post Issue Promoters
-
Lead Managers to the Issue:
Hem Securities Ltd.
Registrar Details
Registrar Name:
Link Intime India Pvt Ltd.
Address
C 101, 247 Park , LBS Marg , Vikhroli (West) , Mumbai
400083
Phone No.
-
-
Website
-
Fax
-