Manba Finance Share Price Target 2024, 2025, 2030, 2040, 2050
Manba Finance Ltd. is an Indian company situated in Mumbai. The company basically offers loans to the customer. The company offers bike loans, personal loans, and loans against properties.
It focuses on bike loans to help people who are not financially stable. They have a very simple process, with quick approvals.
What is Manba Finance Ltd?
Contents
- 1 What is Manba Finance Ltd?
- 2 Manba Finance share price Target Tomorrow
- 3 Manba Finance Share Price Target 2024
- 4 Manba Finance Share Price Target 2025
- 5 Share Price Target 2030
- 6 Share Price Target 2040
- 7 Share Price Target 2050
- 8 Should I Buy Manba Finance Stock?
- 9 Manba Finance Earning Results
- 10 is Manba Finance Stock Good to Buy? (Bull case & Bear case)
- 11 Conclusion
- 12 FAQs
Manba Finance Ltd is a non-banking company that provides loans, it mainly focuses on two-wheeler financing. It is an Indian company that provides loans for new as well as used two-wheelers, personal loans, etc. It focuses on the specific niche to get quick growth. Their aim is to provide mainly two-wheeler financing in urban and rural areas.
This IPO got a very strong response, with 74 times more people wanting to buy shares than what was available. The company got a huge response after launching IPO. The main reason is that the company’s listing price per share is low and the company also has a good market presence. So as the company is not listed yet, it is to be listed on 30th September 2024 and IPO offer price is ₹120.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2024 | -28 | +45 |
The company focuses on providing loans to employees and self-employed people, offering special plans for each group. They usually cover up to 85% of a vehicle’s price, with customers paying the rest. Their IPO aims to raise money by selling 12,570,000 shares, with a portion set aside for small investors, large financial institutions, and wealthy individuals. In 2024, its share price target would be expected ₹172.
As per the analysis, its price would be between ₹118 to ₹172 in 2024.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2024 | 118 | 172 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| September | 118 | 154 |
| October | 125 | 141 |
| November | 114 | 159 |
| December | 128 | 172 |
The company is popular for providing loans for used cars, small businesses, electric vehicles, two-wheelers, three-wheelers, and personal loans. It mainly helps employees and self-employed people by giving them loans with very few rules and regulations. The company’s IPO started on September 25 and ended on September 27, with shares assigned on September 26. The IPO was fully sold on the first day and finally oversubscribed. So by 2025, Its share price target would be ₹276.
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 |
It is an Indian company and the company mainly focuses on the middle class and lower middle class people. As many of people can’t pay a large amount to buy a vehicle, this bank gives loans with very affordable interest which could easily be paid. The company had very fast documentation and less paperwork. It has good market value and is expected to rise in the future. In the year 2030, its share price target would be ₹720.
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 |
Manba Finance’s IPO price is between ₹114 and ₹120 per share. The lot size share of the IPO is 125, which means the smallest investment amount is ₹15,000. The main promoters of the company are Manba Investments, Avalon Advisory, Manba Fincorp, Manba Infotech, and Manish Kiritkumar Shah (HUF). The company mainly focuses on micro niche category people so that they can easily target and grow with very good speed. By the year 2040, its share price would be expected ₹1531.
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 |
The company started in 1998, is a non-banking finance company that provides loans for vehicles, small businesses, and personal loans. it offers loan plans designed for each group. It is usually paid up to 85% of the vehicle’s price, and the customer pays the rest. The company has branches in cities and towns, including nearby rural areas. It works with over 1,100 dealers, including 190 electric vehicle dealers in states like Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh. The company is well-known and has the potential to grow in the future. By 2050, its price target would be ₹2112.
In 2050, its share price would be between ₹1832 to ₹2112.
| 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 |
It is one of the old company in not banking sector. From the start, they only targeted the middle-class people, especially the lower middle class and as we know in india there is a maximum population fall of middle-class people. So the company focusing them to providing loans for their personal use demanding a valuable interest rate.
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 |
is Manba Finance Stock Good to Buy? (Bull case & Bear case)
Bull Case:
- It provides loans for two-wheelers, three-wheelers, and electric vehicles, and as more people want affordable electric vehicles, the company could grow.
- It offers loan plans that fit different customers, like employees and self-employed people.
- The company works with over 1,102 dealers, including many electric vehicle dealers.
- It has branches in cities and nearby rural areas, which helps it reach a larger number of customers.
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
In this article, we have discussed the Manba Finance company. The company is one of the growing companies by provides customisable loans to the people. In this article, we have predicted its price target in different years. So if you are interested in this stock then you should read the whole article to gain the information regarding this stock.
