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Manba Finance Limited IPO Details

IPO Investor Categories

• Qualified Institutional Buyers (QIB)- “QIB” Qualified Institutional Buyers are large and financially elegant or sophisticated investors such as the Insurance Companies, Mutual Funds and Hedge Funds, they have the expertise and resources to evaluate investment opportunities. Qualified Institutional Buyers (QIB). QIB are required to financial Criteria by the securities exchange board of India “SEBI” to participate shares are offered to retail Investors.

• Non-Institutional Investors (NII) - Non-Institutional Investors (NIIs) are usually individuals, High Net Worth Individuals (HNIs), or companies that don’t qualify as Qualified Institutional Buyers (QIBs) due to certain financial requirements. They can invest in an IPO at the same price as regular retail investors.

NII category has two subcategories:

1. sNII - "sNII" stands for "Small Non-Institutional Investor." This subcategory includes investors who have bid for shares worth between ₹2 lakhs and ₹10 lakhs in an IPO.

2. bNII - "bNII" means "large investor other than institutional investor". This sub-category includes investors who have created shares worth more than ₹10 lakh in IPO.

• Retail Individual Investors (RII) - Retail Individual Investors (RIIs) are individual investors who apply for shares worth up to ₹2 lakh in IPOs, aimed at encouraging retail participation in IPOs.

• Employee (EMP)- In an IPO, the category of Employees (EMP) is reserved for the employees, directors and associate employees of the issuing company, and the shares to be allocated to this category by the issuing company is determined by the main administrator of the IPO.

• Others- A groups of eligible shareholders or other investors who have a reserved quota in an IPO.