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MANBA IPO

Manba Finance Limited

IPO Doc

Start Date23-09-2024

Application Timing10am-5pm

Price Range₹114 - ₹120

Min Qty125

Min. Investment₹14250

Listing DateNA

Close Date25-09-2024

About Manba Finance Limited

Manba Finance Limited is 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 Rs 80,000 lakhs as on December 31, 2023. About 99% of loan portfolio comprises of New Vehicle Loans with an average ticket size of around Rs. 0.80 lakhs.

They have established deep and long-term relationships with more than 850 Dealers, including more than 60 EV Dealers, across Maharashtra, Gujarat, Rajasthan, Chhattisgarh and Madhya Pradesh. We have recently expanded our loan portfolio to Used Car Loans, Small Business Loans and Personal Loans and we intend to leverage our existing network to further penetrate the market with our new products.

Why To Invest in Manba Finance Limited

The company is one of the leading financier for two and three wheeler and has expanded its services for used cars, personal loans, small business loans etc. It

Our Company proposes to utilize the Net Proceeds towards the following: (a) (b) Augmenting our capital base to meet our Company’s future capital requirements towards onward lending; and

Financial Table

Year	6 month ended Sept 2023	FY 2023	FY 2022	FY 2021
Total Income (Rs. Cr)	882.8	1333.1	1066.1	1057.6
Profit After Tax (Rs. Cr)	168	165.8	97.4	93.6

Strengths And Risks

Established relationships with the Dealers: Commencing business in 1988 as an NBFC in Mumbai. company has scaled up operations and established strong relationships with more than 850 Dealers, including more than 60 EV Dealers, across Maharashtra, Gujarat, Rajasthan, Chhattisgarh, and Madhya Pradesh.

Ability to expand to new geographies: Company scaled up its operations in 2009 with vehicle financing and is now present in 65 Locations spread across five states in Western, Central, and North India.

Access to diversified and cost-effective long-term borrowing: Manba Finance has over the years developed long-term relationships with various banks, NBFCs, and other financial institutions for our funding requirements. They use various financial structures and issue various financial instruments for cost-effective borrowing of funds from these institutions.

Scalable operating model: Company has established systems and processes from sales to risk management and collections. Most of the systems and processes are in-house or have been licensed by known service providers.

Extensive collections infrastructure: While company's underwriting model contributes to suitable customers being onboarded on a quick TAT basis, they also focus on resources in creating an extensive on-ground collections infrastructure to ensure appropriate asset quality. More than 80% of its monthly collections are received through NACH on the scheduled EMI date.

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Connect With Us

Astha Credit & Securities Pvt Ltd
NSE, BSE & MCX Sebi Reg No:
INZ000187932

For any grievance contact:
grievance@rupeezy.in
0755-4268599

Membership ID:
NSE - 12227 BSE-6844 MCX - 40000
NSDL-IN303420 CDSL-94500

For cyber attack incident reporting:
gyanesh@rupeezy.in
9669695615

CIN:
U65929MP2003PTC016241

SEBI RA Registration:
INH000013332

SEBI Depository Participant Reg No:
IN-DP-611-2021

Connect With Us

Attention Investors:
1.No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account. 2.KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

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Awareness regarding guidelines regarding margin collection:

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020
Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge
Pay 20% upfront margin of the transaction value to trade in cash market segment
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Advisory – KYC Compliance:

All investors are requested to take note that 6 KYC attributes i.e. Name, PAN, Address, Mobile Number, Email id and Income Range have been made mandatory. Investors availing custodian services will be additionally required to update the custodian details.
The last date to update KYC is on or before March 31, 2022.
Thereafter non-compliant trading accounts will be blocked for trading by the Exchange.
The non-compliant demat accounts will be frozen for debits by Depository Participant or Depository.
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The demat account shall be unfreezed once the investor submits the deficient KYC details and the same is captured by the depository participant in the depository system.
To ensure smooth settlement of trades, the investors are requested to ensure that both the trading and demat accounts are compliant with respect to the KYC requirement.
The investors are hereby requested to comply with the regulatory guidelines issued by Exchanges and Depositories from time to time with regard to KYC compliance and related requirements.

Disclaimer:

Investment in the securities market is subject to market risks, read all the related documents carefully before investing.
Brokerage will not exceed SEBI prescribed limit.
Please refer to the Risk Disclosure Document issued by SEBI and go through the Rights and Obligations and Do's and Don'ts issued by Stock Exchanges and Depositories before trading on the Stock Exchanges.
For commodities derivatives please note that Commodities Derivatives are highly leveraged instruments.
Before investing in the asset class consider your investment objectives, level of experience and risk appetite carefully.
Mutual fund investments are subject to market risks, read all scheme related documents carefully. Mutual Funds are not an approved product of the Exchanges and any dispute related to this will not be dealt at Exchange platform. ACSPL is a Mutual fund distributor/s registered for Mutual Funds.

Client Bank account Details:

Sr. No	Name of Bank Account	Bank Account Number	IFSC Code
1	ASTHA CREDIT AND SECURITIES P LTD - USCNBA A/c	00620340000150	HDFC0000062

*Investors are requested to note that Stock broker Astha Credit and Securities Private Limited is permitted to receive/pay money from/to investor through designated bank accounts only named as client bank accounts. Stock broker Astha Credit and Securities Private Limited is also required to disclose these client bank accounts to Stock Exchange. Hence, you are requested to use following client bank accounts only for the purpose of dealings in your trading account with us. The details of these client bank accounts are also displayed by Stock Exchanges on their website under “Know/ Locate your Stock Broker.

Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL/CDSL on the same day......................issued in the interest of investors. We do Pro trading.

Client registration documents in Vernacular languages: Get Documents