Manba Finance limited is an existing financial company based in Mumbai, India which mainly focuses on offering loans. Apart from bike loans, they also carry out personal loans, and property secured loans, specializing in offering credit to the poor to enable them buy bikes. Their approach is rather unassuming and in a shorter span approving the loans to make the borrowing easier for their clients.
What is Manba Finance Ltd?
Manba Finance Ltd is ANBFIAI in India exclusively involved in the business of Two Wheeler Loans. They offer auto loans for both new and second hand two wheelers and express personal loans as well. Hence with this strategy the company want to grow faster and who are already aiming to cover both the two wheeler financing, in urban and rural segment.
Manba Finance share price Target Tomorrow
Members of the public who wanted to invest in the company’s equity were very many such that the number of subscriptions was 74 times the number of shares on offer. This demand arises mainly from the reasonable offer price of the company and its good marketing ability. It has not gone public as yet, however from the prospectus it is said to be going public at the end of September 30, 2024 at ₹ 120 per share IPO offer.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2024 | -28 | +45 |
Manba Finance Share Price Target 2024
This particular IPO of the company was well received and attracted 74 times the number of subscription than the number of shares on offer. This interest is mostly due to its cheap offer price as well as good market presence. At present, the company is not listing, but the company is coming up with an IPO on 30 Sep 2024 with IPO offer price of ₹120 per share.
As per the analysis, its price would be between ₹118 to ₹172 in 2024.
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Manba Finance Share Price Target 2025
It offers auto loans which major on Used Car loans, Business loans, Two wheeler loans, Electric Vehicle loans, Three wheeler loans and personal loans. Basically, it targets employees and the freelance workers by borrowing with minimum restrictions. In this connection the Company has come out with IPO from 25.09.2012 to 27.09.2012 in which the date for Allotment of shares was on 26.09.2012. The IPO was fully subscribed on the very first day of the December and was actually over subscribed. The target for the share price in the year 2025 has been established to be 276 Indian rupees.
By 2025, its share price would be between ₹170 to ₹276.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 127 | 276 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 127 | 184 |
| February | 128 | 190 |
| March | 135 | 202 |
| April | 132 | 209 |
| May | 141 | 216 |
| June | 134 | 231 |
| July | 140 | 255 |
| August | 141 | 280 |
| September | 146 | 278 |
| October | 150 | 291 |
| November | 158 | 301 |
| December | 155 | 305 |
Share Price Target 2030
This Indian company mostly focuses on middle, and lower middle class clients seeking auto loans, whose rates are comparatively cheaper. Stating the understanding that people are unable to afford large cash payments, the company offers reasonably priced loans that do not have high interest rates. It has been rapidly documenting and offering less paperwork to reverse the market and expected to grow in the future. The important target proposed for the company’s share price is to rise to ₹720 by 2030.
As per our prediction, its price in 2030 would be between ₹590 to ₹720.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 590 | 720 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 590 | 610 |
| February | 611 | 631 |
| March | 623 | 635 |
| April | 615 | 632 |
| May | 607 | 624 |
| June | 620 | 634 |
| July | 631 | 653 |
| August | 642 | 661 |
| September | 653 | 673 |
| October | 660 | 684 |
| November | 685 | 693 |
| December | 690 | 720 |
Share Price Target 2040
Manba Finance shares are offered in the IPO at ₹114 – ₹120, with one lot size of 125 shares, making the minimum investment ₹15,000. Some of the major promoters of the company are Manba Investments, Avalon Advisory, Manba Fincorp, Manba Infotech and Manish Kiritkumar Shah HUF. Market focus on a particular micro- segment offered a very effective and rapid way to establish growth for the company. The current position that it carries indicates that by 2040, its share price is expected to likely cross ₹1,531.
By the year 2040, its share price would be between ₹1290 to ₹1531.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 1290 | 1531 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1290 | 1326 |
| February | 1320 | 1345 |
| March | 1332 | 1363 |
| April | 1352 | 1382 |
| May | 1360 | 1404 |
| June | 1374 | 1414 |
| July | 1390 | 1420 |
| August | 1405 | 1431 |
| September | 1413 | 1444 |
| October | 1425 | 1457 |
| November | 1445 | 1467 |
| December | 1480 | 1531 |
Share Price Target 2050
Shawn started the non-banking finance company in 1998, which provides car, business and personal loans for different segments of customers with customized plans. Generally, a company can provide approximately 85% and the buyer is supposed to contribute the rest of the balance. The company has its branches in cities, towns and nearby rural areas where it has business cooperation with more than 1100 dealers out of which 190 are exclusively for the selling of electric vehicles in Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh. The projected revenue stream plus its solid reputation and steady growth potential for its shares of stock is a reason why it s expected to reach ₹2,112 for the company by the year 2050.
In 2050, its share price would be between ₹1832 to ₹2112.
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| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 1832 | 2112 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1832 | 1911 |
| February | 1853 | 1888 |
| March | 1890 | 1906 |
| April | 1913 | 1932 |
| May | 1924 | 1945 |
| June | 1937 | 1956 |
| July | 1947 | 1967 |
| August | 1958 | 1984 |
| September | 1975 | 1996 |
| October | 1991 | 2005 |
| November | 2043 | 2067 |
| December | 2058 | 2112 |
Should I Buy Manba Finance Stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2024 | 118 | 172 |
| 2025 | 170 | 276 |
| 2030 | 590 | 720 |
| 2040 | 1290 | 1531 |
| 2050 | 1832 | 2112 |
Manba Finance Earning Results
| Assets | 973.75 |
| Revenue | 191.63 |
| Profit After Tax | 31.42 |
| Net Worth | 200.61 |
| Reserves and Surplus | 162.46 |
| Total Borrowing | 752.27 |
| ROE | 21.36% |
| Debt/Equity | 3.75 |
| RoNW | 15.66% |
| P/BV | 2.25 |
| EPS (Rs) | 8.34 |
| P/E (x) | 14.39 |
Bull Case:
- It provides two-wheeler, three-wheeler, and electric vehicle loans, which should help the firm improve as the need for affordable electric cars increases.
- It has a broad spectrum of loan services, which areolocation for potential and the existing clients – employees and freelancers.
- Currently operating with more than 1,100 affiliated dealers most of which are electric vehicle dealer and branches in cities and corresponding nearby rural areas, this company has the potentials of linking a vast and expanding market.
Bear Case:
- The company faces competition from bigger banks and other financial companies.
- Since the company gives loans to people with less stable incomes, like self-employed individuals, there’s a risk that some might not repay their loans.
Conclusion
For more information, we turned to the article below that presents Manba Finance LLC, a relatively new but already popular company that provides clients with non-standard loan products. We have also come up with price target predictions of the company for the future years. Anyone reading this article with interest in this stock should ensure to read through the whole article to gain detailed information and key features.
