How to Check Manba Finance IPO Allotment Status

Learn how to check Manba Finance IPO allotment status easily online. Follow our step-by-step guide for a smooth experience.

Check Manba Finance IPO Allotment Status

The much-anticipated Manba Finance IPO has received an overwhelming response from investors, with the issue being subscribed a staggering 224.10 times. As the bidding period has ended, all eyes are now on the allotment process, which is expected to be finalized on September 26, 2024. Investors eagerly await the results to see if they have secured a share in this promising company.

Checking Allotment Status on BSE Website

To check the Manba Finance IPO allotment status on the BSE website, follow these simple steps:

1. Visit the BSE website using this link: https://www.bseindia.com/investors/appli_check.aspx.
2. Under ‘Issue Type,’ select ‘Equity.’
3. In the ‘Issue Name’ dropdown, choose ‘Manba Finance Limited.’
4. Enter your Application Number or PAN details.
5. Complete the verification by checking the ‘I am not a robot’ box, then click ‘Search.’
6. Your Manba Finance IPO allotment status will be displayed on the screen.

Checking Allotment Status on Link Intime Website

Investors can also check their allotment status on the official website of the IPO registrar, Link Intime India Private Ltd. Here’s how:

1. Visit the Link Intime website using this link: https://linkintime.co.in/initial_offer/public-issues.html.
2. In the ‘Select Company’ dropdown menu, choose ‘Manba Finance Limited.’
3. Select your preferred option – PAN, Application Number, DP ID or Account Number.
4. Enter the corresponding details based on the option chosen.
5. Click on ‘Search.’
6. Your Manba Finance IPO allotment status will then be displayed on the screen.

Manba Finance IPO Details

Detail	Information
IPO Size	₹150.84 Crore
Price Band	₹114 – ₹120 per share
Lot Size	125 shares (minimum)
Subscription	224.10 times
Listing Date	September 30, 2024

Manba Finance Ltd., established in 1998, offers financial solutions for new two-wheelers, three-wheelers, electric vehicles, used cars, small business loans, and personal loans. With a strong presence across Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh, the company has partnered with over 1,100 dealers, including over 190 electric vehicle dealers.

The company intends to use the net proceeds from the IPO to strengthen its capital base and support its future capital needs. With a positive outlook from brokerage firms and a strong response from investors, Manba Finance is poised for a successful listing on September 30, 2024.