Manba Finance Limited has secured ₹45.25 crore from anchor investors before its IPO starts. The non-banking financial company (NBFC) is gearing up for its initial public offering (IPO), which will be open for subscription from Monday, September 23, 2024, to Wednesday, September 25, 2024.
On Friday, September 20, 2024, Manba Finance allocated 37,71,000 equity shares at ₹120 per share to anchor investors. The anchor investors who took part in this round include Chartered Finance & Leasing Limited, Finavenue Capital Trustfinavenue Growth Fund, Anrara India Evergreen Fund, Belgrave Investment Fund, Meru Investment Fund PCC-Cell 1, Nav Capital VCC – Nav Capital Emerging Star Fund, Rajasthan Global Securities Private Limited, and Vikasa India EIF I Fund – Incube Global Opportunities.
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