This is a public announcement for information purposes only and is not a prospectus announcement and does not constitute an invitation or offer to acquire, purchase or subscribe to securities. Not for release, publication or distribution directly or indirectly, outside India. The Equity Shares of our Company will get listed on the main board platform of BSE Limited ("BSE") and National Stock Exchange of India Limited ("NSE", and together with BSE, the "Stock Exchange") in compliance with Chapter II of the Securities Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended ("SEBI ICDR Regulations").

Our Company w as originally incorporated as 'Manba Finance Private Limited', a private limited company under the Companies Act, 1956 at Mumbai, Maharashtra, pursuant to a certificate of incorporation dated May 31,1996, issued by the Registrar of Companies, Maharashtra at Mumbai ("RoC"). Thereafter, our Company was converted into a public limited company pursuant to a special resolution passed by our Shareholders as on January 31, 2005 and consequently, the name of our Company was changed to 'Manba Finance Limited1". A fresh certificate of change of name, consequent upon conversion to a public limited company was issued by R o C on April 11, 2005. The RBI granted a certificate of registration dated April 7, 1998 to our Company, under its erstwhile name 'Manba Finance Private Limited" for registration as a N B F C under Section 45-IA of the Reserve Bank of India Act, 1934 ("RBI Act"). Subsequently, the RBI granted a revised certificate of registration dated January 27, 2022, to carry on business of non-ban king financial institutions without accepting public deposits.

Our Company has filed the Prospectus dated September 26,2024 with the RoC, and the Equity Shares are proposed to be listed on the National Stock Exchange of India Limited ("NSE") and BSE Limited ("BSE") and trading is expected to commence on September 30,2024.

INITIAL PUBLIC OFFERING OF UP T0 1,25,70,000 EQUITY SHARES OF FACE VALUE OF Rs. 10 EACH ("EQUITY SHARES") OF MANBA FINANCE LIMITED ("OUR COMPANY" OR "ISSUER") FOR CASH AT A PRICE OF Rs. 120 PER EQUITY SHARE (INCLUDING A PREMIUM OF Rs. 110 PER EQUITY SHARE) ("ISSUE PRICE") AGGREGATING UP TO Rs. 15,084 LAKHS ("ISSUE"). THE ISSUE COMPRISES AFRESH ISSUE OF UP T 0 1,25,70,000 EQUITYSHARES AGGREGATING UP TO Rs. 15,084 LAKHS ("ISSUE"). THE ISSUE SHALL CONSTITUTE 25.02% OF THE POST-ISSUE PAID-UP EQUITY SHARE CAPITAL OF OUR COMPANY.

(Rs. in lakhs)

5. Negative Cash Flow: We have incurred negative cash flows from operating activities in Fiscal 2024 and 2023, as set forth below: (Rs. in lakhs)

8. Gross Non-Performing Assets Risk: Our gross loan book increased from Rs. 49,582.62 lakhs in FY 2021-22 to Rs. 79,877.22 lakhs in FY 2023-24, with net interest margins ranging from 9.28 % to 11.16 %. Despite 98.20% of the loan book being secured, we face risks related to collateral value depreciation and potential difficulties in recovering defaulted loan amounts, which could adversely impact our financial condition and operations. Set forth below is the product-wise Gross NPAfor Fiscals 2024,2023, and 2022: (Rs. in lakhs)

11. Weighted average cost of acquisition of all Equity Shares transacted in the one year, 18 months, and three years preceding the date of the RHP

12. The BRLM associated with the Issue have handled 58 SME IPOs in the past three Financial Years, out of which 1 issue closed below the Issue/ Offer price on the listing date.

The Issue w as being m ade through the Book Building process in term s of Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957, as amended, read with Regulation 31 of the S E B IIC D R Regulations. The Issue w as being made through the Book Building Process, in com pliance with Regulation 6(1) o f the S E B IIC D R Regulations, wherein not more than 50% of the Issue shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (the "Q IBs" and such portion, ‘ Q IB Portion''), provided that our Company, in consultation with the BR LM , allocated up to 60% o f the QIB Category to Anchor Investors, on a discretionary basis (the "A n c h o r Investor Portion"). One-third of the Anchor Investor Portion w as reserved for dom estic Mutual Funds, subject to valid Bids being received from dom estic Mutual Funds at or above the price at which allocation w as m ade to Anchor Investors. In the event of under-subscription, or non-allocation in the Anchor Investor Portion, the balance Equity Shares were added to the QIB Portion (other than Anchor Investor Portion) ("Net Q IB P o rtio n ' ). Further, 5% of the Net QIB Portion w as available for allocation on a proportionate basis to Mutual Funds only, and the rem ainder of the Net QIB Portion w as available for allocation on a proportionate basis to all Q IBs (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Issue Price. However, if the aggregate dem and from Mutual Funds is less than 5% of the Net QIB Portion, the balance Equity Shares were available tor allocation in the Mutual Fund Portion will be added to the remaining Net QIB Portion for proportionate allocation to QIBs. Further, (a) not less than 15% of the Issue w as available for allocation to Non-lnstitutional Bidders (out of which one third were reserved tor Bidders with Bids exceeding Rs. 2,00,000 and up to Rs. 10,00,000 and two-thirds w as reserved tor Bidders with Bids exceeding Rs. 10,00,000) and (b) not less than 35% of the Issue w as available for allocation to Retail Individual Bidders ("RIBs") in accordance with the SEBI ICD R Regulations, subject to valid Bids being received from them at or above the Issue Price. A ll potential Bidders, other than Anchor Investors, w ere mandatorily required to participate in the Issue through the Application Supported by Blocked Am ount ("A S B A ") process by providing details of their respective A S B A A cco u n t (as defined hereinafter) and UPI ID in case of UPI Bidders (defined hereinafter), which were blocked by the S elf Certified Syndicate Banks ("S C S B s") or the Sponsor Bank(s), as the case m ay be, to the extent o f their respective Bid Amounts. Anchor Investors are not permitted to participate in the Anchor Investor Portion through th eA S BA p rocess. Forfurtherdetails, please see ‘Issue P ro cectae' on page416 of the Prospectus.

The bidding for Anchor Investor opened and closed on Septem ber 20,2024. The Com pany received 8 applications from 8 Anchor Investors for 66,67,000 Equity Shares. The Anchor Investor Issue Price w as fi n a lize d a tRs. 120 per Equity Share. Atotal o f37,71,000 Equity Shares were al located underthe Anchor Investor Portion aggregating to Rs. 4 5 ,25,20,000.

The Issue received 41,69,616 applications for 1,98,11,25,000 Equity Shares resulting in 157.60 tim es subscription. The details of the applications received in the Issue from Retail Individual Bidders, Non-lnstitutional Bidders and Q IBs are as under (before rejections):

Final Demand

A summary of the final demand as per NSE and BSE as on the Bid /lssue Closing Date at different Bid prices is as under:

The Basis of Allotment was finalized in consultation with the Designated Stock Exchange, being NSE on September 26, 2024.

A . Allotment to Retail Individual Bidders (After Rejections) (including ASBA Applications )

The Basis of Allotment to the Retail Individual Bidders, who have bid at cut-off or at the Issue Price of Rs. 120 per Equity, was finalized in consultation with NSE . This category has been subscribed to the extent of 139.75 times. The total number of Equity Shares Allotted in Retail Individual Bidders category is 43,99,500 Equity Shares to35196 successful applicants. The category-wise details of the Basis of Allotment are a s under:

B. Allotment to Non-institution at Bidders (more than Rs. 2 lakhs and up to Rs.10 lakh) (After Rejections) (including ASBA Applications )

The Basis of Allotment to the Non-institutional Bidders (more than Rs. 2 lakhs and u pto Rs.10 lakhs), who have bid at the Issue Price of Rs. 120 per Equity Share or above, w as finalized in consultation with NSE . This category has been subscribed to the extent o f435.59 times. The total number of Equity Shares allotted in this category is 6,28,500 Equity Shares to 359 successful applicants. The category-wise details of the Basis of Allotment are as under (sample basis):

C. Allotment to Non -lnstitutional Bidders (more than Rs. 10 lakhs) (After Rejections) (including ASBA Applications)

The Basis of Allotment to the Non-lnstitutional Bidders (more than Rs. 10 lakhs), who have bid at the Issue Price of Rs. 120 per Equity Share or above, w as finalized in consultation with N SE . This category has been subscribed to the extent of 544.83 times. The total number of Equity Shares allotted in this category is 12,57,000 Equity Shares to 718 successful applicants. The category-wise details of the Basis of Allotment are a s under (sample basis):

D. Allotment to QIBs (After Rejections)

Allotment to QIBs, who have bid at the Issue Price of Rs.120 per Equity Share or above, has been done on a proportionate basis in consultation with N SE . This category has been subscribed to the extent of 142.36 times of Net QIB portion. The total number of Equity Shares allotted in the QIB category is 25,14,000 Equity Shares, which w ere allotted to 88 success for Applicants.

E. Allotment to Anchor Investors (After Rejections)

The Company, in consultation with the BRLM , have allocated 37,71,000 Equity Shares to 8 Anchor Investors (through 8 Anchor Investor Application Forms) at an Anchor Issue Price atRs.120 per Equity Share in accordance with SEBIICDR Regulations. This represents 60% of the QIB portion.

The Board o f Directors of our Company at its meeting held on September 26,2024 has taken on record the basis o f allotment of Equity Shares approved by the Designated Stock Exchange, being NSE and has allotted the Equity Shares to various successful applicants. The Allotment Advice Cum Refund Intimation and/or notices have been dispatched to the address of the investors as registered with the depositories. Further, instructions to the SCSBs have been issued for unblocking of funds and transfer to the Public Issue Account on September 26,2024 and the payments to non-syndicate brokers have been issued on September 26,2024. In case the same is not received within ten days, investors m ay contact the Registrar to the Issue at the address given below. The Equity Shares allotted to the successful allottees have been uploaded on September 27,2024 for credit into the respective beneficiary accounts subject to validation of the account details with the depositories concerned. The Company has filed the Listing application with BSE and NSE on September 27, 2024. The Company has received the listing and trading approval from B S E & N SE , and trading will com m ence on Septem ber 30,2024.

Note: All capitalized terms used and not defined herein shall have the respective m eanings assigned to them in the Prospectus.

INVESTORS PLEASE NOTE

These details of the Allotment made was hosted on the web site of Registrar to the Issue, Link Intime India Private Limited at www.linkintime.co.in.

A ll future correspondence in this regard m ay kindly be addressed to the Registrar to the Issue quoting full name of the First/ Sole applicant, Serial num ber of the Bid cum Application form number, Bidders D P ID, Client ID, PAN, date of subm ission of Bid cum Application Form, address o f the Bidder, num ber of Equity Shares bid for, name o f the M em ber of the Syndicate, place where the bid w as submitted and payment details at the address given below:

THE LEVEL OF SUBSCRIPTION SHOULD NOT BE TAKEN TO BE INDICATIVE OF EITHER THE MARKET PRICE OF THE EQUITY SHARES ON LISTING OR THE BUSINESS PROSPECTS OF MANBA FINANCE LIMITED.

MANBA FINANCE LIMITED has filed the Prospectus dated September 26,2024 filed with the RoC ("Prospectus' ) with the RoC . The Prospectus is made available on the website of the SEBI at www.sebi.gov.in as well as on the websites of the BRLM i.e., Hem Securities Limited at www.hemsecurities.com, the website of the NSE at www.nseindia.com and the website of the BSE at www.bseindia.com and the website of the Company at www.manbafinance.com. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risks, please see the section titled "Risk Factors" on page 33 of the Prospectus. Potential investors should not rely on the DRHP filed with SEBI for making any investment decision and instead should place reliance on the RHP.

The Equity Shares offered in the Issue have not been and will not be registered under the U.S. Securities Act or any state securities law s in the United States, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and applicable state securities law s in the United States. Accordingly, the Equity Shares are being offered and sold only outside the United States in "offshore transactions", as defined in, and in compliance with, Regulation S and the applicable laws of the jurisdiction where those offers and sales are made.