Manba Finance IPO Subscription Status
Manba Finance IPO was subscribed 224.05 times when bidding closed on 25 Sep 2024: QIB 148.55x, NII 511.62x, Retail 143.95x.
The Manba Finance IPO has been subscribed 224.05x times overall. Retail investors have shown interest with bids for 143.95x the shares available. The Non-Institutional Investor (NII) category has been subscribed 511.62x. Within NII, Big HNI (B-HNI) subscribed 546.56x and Small HNI (S-HNI) subscribed 441.73x. Qualified Institutional Buyers (QIBs) have subscribed 148.55x. Data last updated on 10 Nov, 06:54 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 23 Sep, 2024 and closes on 25 Sep, 2024. The shares are expected to list on stock exchanges on 30 Sep, 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 148.55x |
| NII | - of - - | 511.62x |
bHNI — bid amount above ₹10 Lakh |
- - | 546.56 |
sHNI — bid amount ₹2–10 Lakh |
- - | 441.73 |
| Retail | - of - - | 143.95x |
| TOTAL | - - | 224.05x |
Manba Finance IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
High demand detected. The retail category is heavily oversubscribed, making the allotment a lottery where only 1 out of every 144 applicants will be successful.
Institutional Backing
Massive institutional interest with QIBs subscribing 148.55x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
25 Sep 2024
Day 3 |
224.05x | ▼ | |
|
QIB148.55x
BHNI546.56x
SHNI441.73x
Retail143.95x
|
|||
|
24 Sep 2024
Day 2 |
73.23x | ▼ | |
|
QIB4.15x
BHNI166.85x
SHNI183.08x
Retail70.26x
|
|||
|
23 Sep 2024
Day 1 |
23.79x | ▼ | |
|
QIB2.36x
BHNI37.52x
SHNI54.51x
Retail27.71x
|
|||
Manba Finance IPO dates
From the bidding window to listing. Today is 11 November.
- Open 23 Sep 2024
- Close 25 Sep 2024
- Allotment 26 Sep 2024
- Refund/credit 26 Sep 2024
- Listing 30 Sep 2024
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of Manba Finance IPO?
As of IPO close date (25 Sep, 2024), the Manba Finance IPO is subscribed 224.05x times. Retail category is 143.95x, and NII is 511.62x subscribed.
When is the allotment date for Manba Finance IPO?
The allotment for Manba Finance IPO is expected to be finalized on 26 September, 2024.
What is the GMP of Manba Finance?
The Grey Market Premium (GMP) for Manba Finance is currently ₹33, indicating a potential listing gain of 28%.
When will Manba Finance IPO list on the stock market?
Manba Finance is scheduled to list on BSE and NSE on 30 September, 2024.
What are the chances of getting allotment in Manba Finance IPO?
The retail category is oversubscribed at 143.95x, meaning allotment is by lottery. Statistically, approximately 1 in 144 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 148.55x mean for Manba Finance IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 148.55x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check Manba Finance IPO allotment status?
After the allotment date (26 Sep, 2024), you can check your Manba Finance IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore Manba Finance IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
