Manba Finance shares are set to debut on the exchanges today, with a strong grey market premium indicating potential gains for investors. The company plans to use the proceeds to bolster its capital base. Manba Finance has shown significant growth in two-wheeler loans and posted a substantial profit increase in FY24.
Sebi board meeting: Regulator eases IPO rules for start-up founders, mandates dematerialisation of securities
SEBI has relaxed ESOP rules for startup founders, allowing them to retain or exercise share-based benefits post-listing, provided they received them at least a year