Manba Finance IPO Allotment Status: Check application status, GMP & listing date

Manba Finance IPO Allotment Status: Manba Finance IPO | The company will finalize the basis of the allotment of IPO shares by September 26, and the equity shares will be credited to the demat accounts of eligible investors by September 27. 

Manba Finance IPO Allotment Status

Manba Finance is scheduled to finalize the basis of the allotment of its shares on Friday, September 26. Bidders will get messages, alerts, or emails for debit of their funds or revocations of their IPO mandate by Friday, September 24, or over the weekend. The Mumbai-based shadow lender had received a bumper response from the investors.

Manba Finance IPO Details

The company’s IPO price band ranged from Rs 114 to Rs 120 per equity share. There were different lot sizes for NIIs and retail bidders. A retailer had to apply for a minimum of one lot while a small NII had to bid for at least 14 lots. Investors who got the mandate from the registrar to block funds and the shares wouldn’t have been allotted will get a refund, which will be initiated on September 26. The shares will credited to the D’Mat accounts of allottes on September 27. 

Also Read:- KRN Heat Exchanger IPO Update: GMP hints at multibagger gains, subscription status, review, other key details

Check The Manba Finance IPO Allotment Status On The Bombay Stock Exchange (BSE) Website:

1) Visit https://www.bseindia.com/investors/appli_check.aspx

2) Under the issue type, click Equity

3) Under the issue name, select Manba Finance Limited in the dropbox

4) Write the application number

5) Add the PAN card ID

6) Click on 'I am not a Robot' and hit the search button

Check The Manba Finance IPO Allotment Status On The Link Intime India :

• Go to the website of the registrar of the issue. In Manba Finance’s IPO, Link Intime India worked as the registrar. Investors can check other IPO statuses over there as well. 
• Click on the public issue section on the left side of the webpage. After that, a new tab will open asking you to fill in details.
• In that new tab or screen enter details like the company’s name and PAN number/ application number/ client ID/ account number. 
• For security purposes, fill the captcha accurately
• Hit the submit button
• A screen will pop up with the status. Investors getting allotments will see a pop-up with allotted status. Meanwhile, investors who didn’t get the allotment of IPO shares will see “not allotted” on the same pop-up screen. 

Its equity shares will be available for trading on the bourses effective September 30.

The participants in the grey market traded Manba's IPO shares at a 45-50 percent premium over the upper price band, the market observers said. The grey market is an unofficial market for trading in IPO shares till the listing

Also Read:- Manba Finance IPO Updates: GMP, Price, Review, Other Details of Upcoming IPO

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