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Manba Finance files draft papers with SEBI for an IPO
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₹10 for each equity share, the Manba Finance IPO is a completely fresh issue of up to 1.26 crore equity shares that does not include an offer of sale (OFS) component. Also Read: Shivalic Power Control files DRHP for IPO with NSE Emerge The proceeds from the fresh offering will be allocated to broadening the capital base in order to cover the company's future capital needs for further lending and general business objectives.
Of the issue, not less than 15% will be made available to non-institutional investors, not less than 35% will be made available to retail individual bidders, and not more than 50% will be made available for proportionate allocation to qualified institutional buyers. "Exciting news! Mint is now on WhatsApp Channels
. Read more on livemint.comAbout this in other media
Promoter of Shriram Finance sold over 59 lakh shares for Rs 1,427 crore economictimes.indiatimes.com /8 months ago
Kolkata-based Crizac Limited files draft papers with SEBI for ₹1,000 crore IPO livemint.com /8 months ago
All information on Adani firms shared with Sebi: Mauritius minister Bholah livemint.com /9 months ago
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