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Manba Finance raises Rs 50 crore through NCDs

28 Jun 2025 Evaluate

Manba Finance has raised Rs 50 crore through the allotment of 50000 Listed, Rated, Senior, Secured, Transferable, Redeemable, Non-Convertible Debentures (NCDs) of Rs 10,000 each on private placement basis. The Finance Committee constituted by Board of Directors of the company at their meeting held on June 27, 2025, has allotted the same. 

Manba Finance is a registered non-banking finance company, engaged in the business of providing finance. The company primarily deals in the financing of New two wheelers (2Ws,) three wheelers (3Ws), electric two wheelers (EV2Ws), electric three wheelers (EV3Ws), Used Cars, Small Business Loans and Personal Loans. 


Peers
Company Name CMP
Bajaj Finance 1024.00
Shriram Finance 1016.00
Aditya Birla Capital 403.00
Tata Capital 343.55
Chola Invest & Fin. 1779.90
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