Manba Finance IPO allotment – How to check allotment, IPO GMP, listing date and more

• Manba Finance is expected to announce its IPO share allotment status on Thursday, September 26.
• The shares of Manba Finance were subscribed 215.88 times.
• The Manba Finance shares are expected to be listed on the stock exchanges on September 30.

Mumbai-based Manba Finance, a non-banking finance company (NBFC) offering auto loans, small business loans and personal loans is expected to announce the allotment status of its initial public offering (IPO) on Thursday, September 26.

The Manba Finance IPO opened on September 23 and closed on September 25. The price band for the Manba Finance IPO was ₹114 to ₹120 per share.

Manba Finance IPO subscription status

On its last day, the Manba Finance IPO was subscribed 215.88 times, receiving bids for 189.95 crore equity shares against 87.99 lakh shares on offer.

While the qualified institutional buyer (QIB) portion was subscribed 148.55 times, the non-institutional investor's portion was subscribed 506.16 times. The retail portion also witnessed excellent participation and was subscribed 129.99 times.

Manba Finance IPO Grey market premium

The shares of Manba Finance are currently commanding a grey market premium (GMP) of ₹60 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

How to check the Manba Finance IPO’s allotment status

You can check the Manba Finance IPO allotment status on the registrar’s website.

• To check the Manba Finance IPO allotment status, visit the registrar’s website here.
• Click on ‘Select Company’ and then select ‘Manba Finance’.
• Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
• Click on submit.

You will be able to see your Manba Finance IPO application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Manba Finance IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

• Go to the BSE website.
• On the website, click on 'Equity' and then select ‘Manba Finance’ from the dropdown menu.
• Now, enter your application number and PAN.
• Click on 'Search'.

You will be able to see the number of Manba Finance shares allotted to you.

You can click here and log in to check your Manba Finance IPO allotment status on NSE.

Manba Finance IPO listing date

The shares of Manba Finance will be listed on the stock exchanges on September 30.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

SEE ALSO:

Hyundai Motor India’s ₹25,000 crore IPO gets SEBI approval – India’s biggest IPO expected to launch in October

KRN Heat Exchanger IPO – Price band to risk factors, all you need to know

SEBI report reveals the ugly truth of F&O trading in India – 93% of retail traders incurred losses