Manba Finance IPO

Manba Finance is a non-banking financial company-base layer (NBFC-BL). It offers financing solutions for the purchase of new two-wheelers (2Ws), three-wheelers (3Ws), electric two-wheelers (e2Ws), electric three-wheelers (e3Ws), and used cars, as well as small business loans and personal loans. The company’s primary target audience is salaried individuals and self-employed professionals. The company claims that it customises the offerings based on the category of the customer and tailors the schemes accordingly. Typically, Manba Finance covers up to 85% of the vehicle's on-road purchase price, with the customer expected to contribute the remaining amount.;