Manba Finance IPO Subscription Details

Bookbuilding IPO | ₹151 Cr | Listed at BSE, NSE | Mon, Sep 23, 2024 - Wed, Sep 25, 2024

Basis of Allotment - Manba Finance IPO

Category QIB NII Retail Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)25,14,00037,71,00062,85,0006,28,50012,57,00018,85,50043,99,5001,25,70,000
Allotment price (Rs.)120120120120120120120120
No.of applications888961,51,37178,1452,29,51637,58,51139,88,123
No.of shares applied35,78,93,37566,67,00036,45,60,37528,03,63,87568,48,50,12596,52,14,00061,48,48,8751,94,46,23,250
Amount collected (Rs.cr.)4,294.72 80.00 4,374.72 3,364.37 8,218.20 11,582.57 7,378.19 23,335.48
No.of times subscribed142.361.7758.00446.08544.83511.91139.75154.70
No.of shares allotted25,14,00037,71,00062,85,0006,28,50012,57,00018,85,50043,99,5001,25,70,000
Amount (Rs.cr.)30.17 45.25 75.42 7.54 15.08 22.63 52.79 150.84
No.of allottees888963597181,07735,19636,369

IPO Shares Offered

Manba Finance IPO is a public issue of 1.26 Cr equity shares. The issue offers 0.44 Cr shares to retail investors, 0.63 Cr shares to qualified institutional buyers, and 0.19 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 62,85,00075.42 50.00%
    Anchor 37,71,000 45.25 30.00%
    QIB (Ex Anchor) 25,14,000 30.17 20.00%
NII 18,85,50022.63 15.00%
    bNII (> ₹10L)12,57,00015.08 10.00%
    sNII (< ₹10L)6,28,5007.54 5.00%
Retail43,99,50052.79 35.00%
Total1,25,70,000150.84 100%

Manba Finance IPO Anchor Investor Allocation

A total of 37,71,000 shares at a price of Rs 120 per share will be allotted to the anchor investors.

Anchor investors bid opening dateSep 20, 2024
Anchor investor price₹120.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days18,85,500
No. of shares locked-in for 90 days18,85,500
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 CHARTERED FINANCE & LEASING LTD. CHARTERED FINANCE & LEASING 8,33,375 10.00 22.10 6.63
2 FINAVENUE GROWTH FUND FINAVENUE 4,19,875 5.04 11.13 3.34
3 ANTARA INDIA EVERGREEN FUND LTD. ANTARA 4,19,625 5.04 11.13 3.34
4 BELGRAVE INVESTMENT FUND BELGRAVE 4,19,625 5.04 11.13 3.34
5 MERU INVESTMENT FUND PCC-CELL 1 MERU INVESTMENT 4,19,625 5.04 11.13 3.34
6 NAV CAPITAL VCC-NAV CAPITAL EMERGING STAR FUND NAV CAPITAL 4,19,625 5.04 11.13 3.34
7 RAJASTHAN GLOBAL SECURITIES PVT.LTD. RAJASTHAN GLOBAL SECURITIES 4,19,625 5.04 11.13 3.34
8 VIKASA INDIA EIF I FUND-INCUBE GLOBAL OPPORTUNITIES VIKASA 4,19,625 5.04 11.13 3.34
37,71,00045.2510030.00

IPO Subscription FAQs

The Manba Finance IPO is subscribed 224.05 times by Sep 25, 2024 18:19.

Manba Finance IPO Subscription

Investor Category Subscription (times)
Qualified Institutional148.55
Non Institutional511.62
Retail Individual143.95
Total Subscription224.05

Retail category of Manba Finance IPO subscribed 143.95 times as of date Sep 25, 2024 18:19. The public issue closes on Wed, Sep 25, 2024 for bidding.

An investor can apply in Manba Finance IPO online via bank (using ASBA) or the broker (using UPI). The Manba Finance IPO shares are offered online only.

The Manba Finance IPO is subscribed 224.05 times by Sep 25, 2024 18:19.

The Manba Finance IPO allotment status is expected on or around Thursday, September 26, 2024. Visit Manba Finance IPO allotment status to check.

The Manba Finance IPO listing date is September 30, 2024. The equity share of Manba Finance IPO will list on BSE, NSE.

Visit Manba Finance IPO subscription status page for real-time bidding information about Manba Finance IPO.

Manba Finance IPO Timetable

IPO opens OnMonday, September 23, 2024
IPO Closes OnWednesday, September 25, 2024
Finalisation of Basis of AllotmentThursday, September 26, 2024
Initiation of RefundsThursday, September 26, 2024
Credit of Shares to Demat AccountFriday, September 27, 2024
IPO Listing DateMonday, September 30, 2024
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