This move follows its previous confidential filing and has generated significant interest.
Brent crude futures for December delivery rose 10 cents, or 0.14%, to $71.64. US West Texas Intermediate oil futures rose 8 cents, or 0.12%, to $68.26 a barrel.
The IPO will consist entirely of a fresh issue of 1.25 crore equity shares by the company.
BEL shares have produced multibagger gains to investors over the last year, climbing by up to 111%. So far this year, investors have received a 57% return.
As a non-banking finance company (NBFC) based in Maharashtra, Manba Finance intends to use the IPO proceeds to bolster its capital base and support its future growth plans.
At the close of the previous session, the Sensex dropped by 264.27 points or 0.31%, settling at 85,571.85, while the Nifty 50 fell by 37 points or 0.14%, closing at 26,179.
The spot gold price gained 0.2% to $2,662.3 per ounce. Bullion finished 0.5% lower on Friday, ending a six-session surge.
Here are some of the stocks that may see significant price movement today: Welspun Enterprises, IDFC First Bank, Dr Reddy’s Laboratories, etc.
L&T Semiconductor Technologies (LTSCT), a wholly-owned subsidiary of L&T, is the first significant Indian semiconductor product firm - a fabless company that designs and delivers smart devices to global customers.
the euro remained constant at $1.1172, while sterling traded at $1.3381, with traders looking to Friday's US jobs report as the next significant data point.

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