The SBFC Finance IPO commenced on August 3, 2023, and concluded on August 7, 2023. The allotment of shares took place on August 10, 2023, and the initiation of refunds began on August 11, 2023. The shares were credited to the demat accounts of investors on August 14, 2023. Finally, the listing of SBFC Finance on the stock exchange occurred on August 16, 2023.
The SBFC Finance IPO was priced at ₹54 to ₹57 per share, with a lot size of 260. The total issue size was ₹1,025 crores, comprising a fresh issue of ₹600 crores and an offer for sale of ₹425 crores. The IPO was listed on both the NSE and BSE.
In terms of quota reservations, the QIB (Qualified Institutional Buyers) quota was reserved for 50% of the shares, the NII (Non-Institutional Investors) quota was reserved for 15% of the shares, and the retail quota was reserved for 35% of the shares.
SBFC IPO Basic Details
| Company Name | SBFC Finance Limited |
| Domain of Company | NBFC Company |
| SBFC Finance IPO GMP Today | ₹39 |
| SBFC Finance IPO Listing Gain | 68.42% |
| SBFC Finance IPO Open Date | August 3, 2023 |
| SBFC Finance IPO Close Date | August 7, 2023 |
| SBFC Finance IPO Allotment Date | August 10, 2023 |
| SBFC Finance IPO Listing Date | August 16, 2023 |
| Face Value | ₹10 per share |
| Price | ₹54 to ₹57 per share |
| Lot Size | 260 Shares |
| Issue Size | [.] shares of ₹10 (aggregating up to ₹1,025 Cr) |
| Fresh Issue | [.] shares of ₹10 (aggregating up to ₹600 Cr) |
| Offer for Sale | [.] shares of ₹10 (aggregating up to ₹425 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE, BSE |
| Company Promoters | Sbfc Holdings Pte. Ltd., Clermont Financial Pte. Ltd., Arpwood Partners Investment Advisors Llp, Arpwood Capital Private Limited And Eight45 Services Llp |
SBFC Finance IPO GMP Today:
| Date | GMP | Listing Gain | Kostak | Subject to |
| 4 August 2023 | ₹40 | 70.18% | – | – |
| 3 August 2023 | ₹39 | 68.42% | – | – |
| 2 August 2023 | ₹40 | 70.18% | – | – |
| 1 August 2023 | ₹40 | 70.18% | – | – |
| 31 July 2023 | ₹38 | 66.67% | – | – |
| 30 July 2023 | ₹38 | 66.67% | – | – |
SBFC Finance Limited IPO Details:
Established in 2008, SBFC Finance Limited is a significant Non-Banking Finance Company (NBFC-ND-SI) that plays a crucial role in the financial system. It does not accept deposits but serves as a systemically important institution. SBFC caters primarily to entrepreneurs, small business owners, self-employed individuals, as well as salaried and working-class individuals.
The core services provided by SBFC Finance are Secured MSME Loans and Loans against Gold.
SBFC Finance’s main focus lies in reaching out to entrepreneurs and small business owners who often face limited access to financial support from traditional banks. When offering loans, they carefully consider various factors to provide the best financial assistance. Their goal is to empower entrepreneurs and enable them to meet their financial needs, fostering growth and prosperity.
With an extensive network, SBFC Finance has a well-established presence across India. As of December 31, 2022, the company has established its presence in more than 105 cities spanning 16 Indian states and two union territories, with a total of 137 branches.
SBFC Finance IPO More Details Click Here
Yatharth Hospital IPO FAQs
When is SBFC Finance IPO open?
SBFC Finance IPO will open on 3 August 2023.
When is SBFC Finance IPO Close?
SBFC Finance IPO will be closed on 7 August 2023.
What is SBFC Finance IPO GMP Today?
The SBFC Finance IPO GMP aka Grey Market Premium is ₹39.
What is SBFC Finance IPO Kostak Rates Today?
The SBFC Finance IPO Kostak Rate is ₹000.
What is SBFC Finance IPO Subject to Sauda Price Today?
The SBFC Finance IPO subject to sauda rates is ₹000.
SBFC Finance IPO Expected Returns?
The SBFC Finance expected return is 68.42%.
How much will be the listing gain in SBFC Finance IPO?
SBFC Finance IPO will get listing gain of 68.42%. (Approx.)
