Manba Finance IPO

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.