A finance company in Maharashtra called Manba Finance wants to collect money from the public by selling shares for the first time. They’re not selling any existing shares, only new ones. The company is entirely owned by its founder and their group. The founder, Manish Kiritkumar Shah, along with his wife and another company, own the biggest portions of shares. Manba Finance gives loans for buying new and used vehicles, small businesses, and personal needs. They plan to use the money from selling shares to strengthen their finances for future lending.
excited,cant wait for the IPO!!
Will they be able to receive funding in the next round?
Im so excited for this , cant wait.