New IPO Horizons: Manba Finance, WOL 3D & Rappid Valves
A new dawn for investment, the stock market is buzzing as three innovative companies prepare to launch their initial public offerings. Manba Finance, a financial trailblazer, WOL 3D, a leader in 3D technology, & Rappid Valves, a precision engineering powerhouse, are set to redefine their industries. These IPOs offer investors a chance to be a part of the next big thing and capitalize on their potential for growth and success. Looking further investment avenues, watch all the Upcoming & Live IPOs to get in on the ground floor of promising companies.
Topics Covered
- About Manba Finance Limited
- About WOL 3D India Limited
- About Rappid Valves India Limited
- Conclusion
About Manba Finance Limited
Since its inception in 1998, Manba Finance Ltd has been a leading player in Mumbai's non-banking finance company (NBFC-BL) sector. They have a reputation for providing reliable financial solutions to individuals and businesses across India. They offer financing for new two-wheelers (2Ws), three-wheelers (3Ws), electric two-wheelers (EV 2Ws), electric three-wheelers (EV 3Ws), used cars, as well as small business and personal loans. With years of experience, the company is helping people and businesses achieve their goals by making access to funds easier and flexible.
The company offers EV two-wheelers, EV three-wheelers, pre-owned two-wheelers, pre-owned cars, two-wheelers, and three-wheelers, as well as personal loans and Vyaapar loans.
Notable aspects provided by Manba Finance are funding up to 100%, minimal interest charges, instant loan approval, a loan duration of 6 to 48 months, referral rewards, a simple and seamless experience, etc.
The company is owned by a group of investors, including Manba Investments, Avalon Advisory, Manba Fincorp, Manba Infotech, and Manish Kiritkumar Shah.
The Grey Market Price (GMP) is ₹56 per share dated September 26, 2024.
For the financial year 2024, the company’s revenue increased by 44%, and Profit After Tax (PAT) rose by 90%.
IPO Details:
Face Value: ₹10 per share
Price Band: ₹114 to ₹120 per share
Lot Size: 125 shares
Fresh Issue: 12,570,000 shares
Listing Date: September 30, 2024
About WOL 3D India Limited
WOL 3D India Ltd, a company founded in 1988, offers 3D painting services that help create prototypes and are used in industries like manufacturing, education, engineering, architecture, interior design, fashion design, product design, medicine, and dentistry. The company offers a wide range of products and services, from 3D printers and filaments to prototyping and after-sales support, they are a one-stop shop for all your 3D needs.
The company is dedicated to providing high-quality 3D products and services. We work with leading brands like Creality 3D, Flashforge, Bambu Lab, Phrozen, and Elegoo to offer reliable and durable 3D technology, also WOL 3D is committed to sustainable 3D painting. They use recycled plastic waste to make their 3D filaments, helping to protect the environment.
The company sells its products online through platforms like Flipkart, Jiomart, Firstcry, Indiamart, Snapdeal, Moglix, and Amazon, and in stores like Croma and Crosswords.
Rahul Virendra Chandalia, Saloni Rahul Chandalia, Pradeep Shripal Jain, and Swati Pradeep Jain are the promoters of WOL 3D India Limited.
The Grey Market Price (GMP) is ₹85 per share dated September 26, 2024.
For the financial year 2024, the company’s revenue increased by 69%, and Profit After Tax (PAT) rose by 109%.
IPO Details:
Face Value: ₹10 per share
Price Band: ₹142 to ₹150 per share
Lot Size: 1000 shares
Fresh Issue: 1,452,000 shares
Listing Date: September 30, 2024
About Rappid Valves India Limited
Rappid Valves(India) Ltd is a valve manufacturing company founded in 2002. It is a leading manufacturer of marine and industrial valves. As an engineering company, they specialize in designing and producing valves that meet industry standards for various sectors. Their precision control systems ensure durability in diverse conditions.
The company manufactures and exports valves for critical applications in industries such as hydrocarbon/oil and gas, chemical, power, marine, mining, and general industry.
They offer a variety of valves made from different materials in different sizes to meet different needs. Gaurav Vijay Dalal is the M.D. and promoter of the company.
The company’s factory is equipped with a comprehensive range of standard machinery, including CNC machines, VMCs, test benches, EOT cranes, and more. This diverse array of equipment enables Rappid Valves to efficiently produce high-quality valves that meet the demanding requirements of various industries.
The Grey Market Price (GMP) is ₹100 per share dated September 26, 2024.
For the financial year 2024, the company’s revenue increased by 123%, and Profit After Tax (PAT) rose by 807%.
IPO Details:
Face Value: ₹10 per share
Price Band: ₹210 to ₹222 per share
Lot Size: 600 shares
Fresh Issue: 1,369,800 shares
Listing Date: September 30, 2024
Conclusion
As these three companies embark on their public journeys, they offer investors a unique opportunity to participate in the growth and success of innovative sectors. Manba Finance- a seasoned player in the financial services landscape, WOL 3D- a visionary in the realm of 3D technology, and Rappid Valves- a leader in making precise valves, present compelling investment propositions.
Check out the IPOs Performance in 2024 So Far and know the process of IPO in India. Your willingness to invest must consider How to Apply for an IPO. Also, watch why you should invest in an IPO.
Disclaimer: This blog is posted solely for educational purposes. The securities mentioned are examples and not recommendations. It is based on various secondary sources from the internet and is subject to change. Please consult an expert before making any related decisions.