manba finance ipo: Manba Finance IPO opens for subscription. Check GMP, price band, review and other key details

manba finance ipo: Manba Finance IPO opens for subscription. Check GMP, price band, review and other key details

The initial public offer (IPO) of Manba Finance has opened for subscription today and will close on September 25. Ahead of the issue opening, the company raised Rs 45 crore from anchor investors. The IPO is entirely a fresh issue of up to 1.25 crore shares with no offer-for-sale component. Through the issue, the company … Read more

Manba Finance IPO opens on Monday. What GMP signals ahead of subscription?

Manba Finance IPO opens on Monday. What GMP signals ahead of subscription?

The Rs 151 crore initial public offering (IPO) of Mumbai-based non-banking financial company (NBFC) Manba Finance is set to open for public subscription on September 23 and will close on September 25. Ahead of the issue, the grey market premium (GMP) for Manba Finance was around Rs 55-60, suggesting a 46% premium over the issue … Read more