Mumbai, June 18 -- These debt securities could include secured non-convertible debentures, perpetual debt instruments, unsecured subordinated non-convertible debentures, bonds, or other debt securities.

The instruments would be placed privately and would be issued in one or more tranches.

Mumbai-based Manba Finance (MFL) is a RBI registered non-deposit taking non-banking finance company (ND-NBFC). The company is engaged in two-wheeler financing, used two-wheeler financing and used car financing. The company has also forayed into personal loans and inventory funding for 2- wheeler dealers. MFL has presence in 5 states namely Maharashtra, Gujarat, Chhattisgarh, Rajasthan & Madhya Pradesh.

The company's standalone net profit declined 18.0...