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September 23, 2024 - September 25, 2024

Manba Finance IPO FAQ

Manba Finance IPO Date & Price

The Manba Finance IPO opens on September 23, 2024 and closes on September 25, 2024.

Manba Finance IPO timetable / schedule is as below:
  • Bid/Offer Opens On: September 23, 2024
  • Bid/Offer Closes On: September 25, 2024
  • Finalization of Basis of Allotment: September 26, 2024
  • Initiation of refunds: September 26, 2024
  • Credit of Equity Shares: September 27, 2024
  • Listing Date: September 30, 2024

Manba Finance IPO price is set at ₹120 per equity share.

Manba Finance IPO will close for subscription at 5 PM on September 25, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The Manba Finance IPO starts on September 23, 2024. The issue ends on September 25, 2024.

Manba Finance IPO Issue Size and Subscription Status

The Manba Finance IPO size is 12570000 Equity Shares of ₹10 aggregating up to ₹150.84 Cr.

Manba Finance Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Manba Finance IPO shares through the banks (using ASBA) or through the broker (using UPI).

Manba Finance IPO Offer Size

Qualified Institutional Buyers (QIB)2,514,000 Shares
Non-Institutional Investors (NII)1,885,500 Shares
Retail Individual Investor (RII)4,399,500 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size8,799,000 Shares

Manba Finance IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)148.55 times times
Non-Institutional Investors (NII)511.62 times times
Retail Individual Investor (RII)143.95 times times
Employee Reservations times
Other Reservations times
Total Issue Size224.05 times times

Click here to check the Manba Finance IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Manba Finance IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Manba Finance IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Manba Finance IPO Allotment and Listing

The Manba Finance IPO allot status will be available online on September 26, 2024. Check the Manba Finance IPO Allotment Status here.

Click here to check Manba Finance IPO Allotment Status.

Manba Finance IPO listing Date is September 30, 2024. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Manba Finance IPO listing date and time is published by the exchange in a circular.

Click here to view the Manba Finance IPO Basis of Allotment.

It is hard to say at what price Manba Finance IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Manba Finance IPO shares will list on September 30, 2024 at BSE, NSE.

Manba Finance IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Manba Finance IPO which could help you with questions like Manba Finance IPO buy or not? You should also read Manba Finance IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Manba Finance IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Manba Finance IPO performance. The performance reports are available 1 day after listing.