Thu Sep 26 04:56:11 UTC 2024: ## Manba Finance IPO Allotment Finalized Today: Investors Can Check Status Online

**Mumbai, India** – The highly subscribed initial public offering (IPO) of Manba Finance has seen its allotment finalized today. The IPO, which raised Rs 151 crore, was oversubscribed a staggering 223.12 times, with investors eager to get a piece of the financial services company.

The IPO, which opened on September 24, saw strong demand from investors, with bids for 1,96,32,02,000 shares against the 87,99,000 shares on offer. The company, which provides financial solutions for auto loans, used cars, small business loans and personal loans, will utilize the proceeds to bolster its capital base and meet future lending requirements.

Investors can now check their allotment status on the BSE website (bseindia.com/investors/appli_check.aspx) or on the official registrar’s website, Intime India (https://linkintime.co.in/initial_offer/public-issues.html).

**How to Check Your Allotment:**

* **BSE Website:**
* Visit the BSE website and select “Equity” under “Issue Type”.
* Select “Manba Finance IPO” and either enter your application number or provide your PAN details.
* **Intime India Website:**
* Log in to the Intime India website and enter your PAN details.
* Click on the “Search” option to view your allotment status.

The listing of Manba Finance shares on the stock exchange is expected to take place on September 30.

**Analyst Views:**

Zee Business Managing Editor Anil Singhvi had recommended investors to subscribe to the Manba Finance IPO for potential listing gains. The company’s strong performance and robust business model likely contributed to the significant oversubscription.

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