SBFC Finance IPO Date, Price, Review
SBFC Finance IPO: Know everything about SBFC Finance IPO. SBFC Finance Limited IPO Date, SBFC Finance IPO Review and analysis. We will discus about SBFC Finance IPO Benefits & Risks. Also, all information related to SBFC Finance IPO like price band, all important dates, issue size, Brockrage Review, and retail quota etc.
SBFC Finance IPO
SBFC Finance is primarily a Non-Deposit taking Non-Banking Finance Company (NBFC-ND-SI). SBFC Finance Ltd Has filed its DRHP (Draft Red Herring Prospectus) with market regulator SEBI (Securities and Exchange Board of India) to raise around Rs 1025 crore through IPO (Initial public offering).
SBFC Finance IPO will open on 03 August 2023 and close on 07 August 2023. The price band of the SBFC Finance IPO is ₹54 to ₹57. SBFC Finance IPO size is 1025 Crore. The offer includes 600 Crores under fresh issue and 425 Crores under offer for sale. SBFC Finance IPO QIB quota is 50%, NII quota is 15% and RII quota is 35%. SBFC Finance IPO listing date is 16 August 2023. You can know about SBFC Finance IPO GMP (Grey Market Premium) below.
The SBFC Finance has given good financial performance. The company made a profit of ₹149.74 crores in the financial year 2023 (March 2023). The IPO of SBFC Finance will be listed on NSE and BSE. SBFC Finance IPO face value is ₹10 per equity share.
We will talk about SBFC Finance' financials, benefits, and risks of investing in the company.
About SBFC Finance Limited
SBFC Finance Limited was incorporated in the year 2008. SBFC Finance is primarily a Non-Deposit taking Non-Banking Finance Company (NBFC-ND-SI). The primary customer base of SBFC Finance Limited includes entrepreneurs, small business owners, self-employed individuals, and salaried and working-class individuals.
SSBFC offers its services in the form of secured MSME loans and loans against gold. SBFC Finance offers its services to entrepreneurs and small business owners who are underserved or underserved by traditional financial institutions like banks. Various factors are taken into consideration while providing financial assistance in the form of a loan. SBFC Finance offers its services so that entrepreneurs can meet their financial needs and grow.
Purpose of the offer
- To prepay/repay all or a part of the dues raised by the company.
- To finance capital expenditure requirements.
- To meet general corporate objectives.
SBFC Finance IPO Date and Price Band Details
| IPO Open: | 04 August 2023 |
| IPO Close: | 07 August 2023 |
| Listing Date: | 16 August 2023 |
| Listing On: | NSE & BSE |
| IPO Size: | Approx ₹1025 crores |
| Fresh Issue: | Approx ₹600 crores |
| Offer For Sale: | Approx ₹425 crores |
| Price Band: | ₹54 to ₹57 per share |
| Face Value: | ₹10 per Equity share |
| QIB Portion: | 50% |
| Retail Portion: | 35% |
| NII Portion: | 15% |
| Employee Res: | Not Disclosed |
SBFC Finance IPO Lot Size Details
| Minimum Lot: | 01 |
| Minimum Lot Size: | 260 Shares |
| Minimum Amount: | ₹14,820 |
| Maximum Lot: | 13 |
| Maximum Lot Size: | 3380 Shares |
| Maximum Amount: | ₹192,660 |
SBFC Finance IPO Open, Close, Allotment, and Listing Date
| Ipo Opening Date: | 04 August 2023 |
| IPO Closing Date: | 06 August 2023 |
| Basis of Allotment: | 10 August 2023 |
| Refund Date: | 11 August 2023 |
| Credit to Demat Account: | 14 August 2023 |
| Listing Date: | 16 August 2023 |
SBFC Finance IPO Review
| Happiest Post | Apply |
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You can also check the latest IPO subscription status and IPO allotment status of SBFC Finance IPO on our website.
SBFC Finance Ipo Rating
Review For Listing Gain
Review For Short term
Review For Long term
SBFC Finance Ltd Financials
SBFC Finance Financials(in Crores)
| Year | Total Assets | Revenue | Profit |
|---|---|---|---|
| 2020 | ₹4207.99 | ₹444.85 | ₹35.50 |
| 2021 | ₹4231.19 | ₹511.53 | ₹85.01 |
| 2022 | ₹4515.03 | ₹530.70 | ₹64.52 |
| 2023 | ₹5746.44 | ₹740.36 | ₹149.74 |
Promoters
- SBFC Holdings Pte. Ltd
Contact Details of SBFC Finance
103, 1st Floor, C&B Square, Sangam Complex,
Andheri Kurla Road, Village Chakala, Andheri (East),
Mumbai 400 059, Maharashtra, India
Telephone: +91 22 6797 5344
E-mail: complianceofficer@sbfc.com
Website:www.sbfc.com
SBFC Finance Lead Managers
- JM Financial Limited
- Axis Capital Limited
- Equirus Capital Private Limited
SBFC Finance IPO Registrars
Selenium, Tower B, Plot No- 31 and 32, Financial District
Nanakramguda, Serilingampally
Hyderabad, Rangareedi 500 032
Telangana, India
Telephone: +91 40 6716 2222
Email: Sbfc.ipo@kfintech.com
Website:www.kfintech.com
Conclusion
There are some good and some bad things in the company. Looking at the financial position of the company, the track record has been good. In the financial year 2023, the company had a profit of Rs 149.74 crore. The company operates in many different sectors. Our suggestion will be updated when the SBFC Finance Limited IPO starts. SBFC Finance Limited IPO financial details and other information are given above.
SBFC Finance IPO FAQs
How to Apply the SBFC Finance Ltd IPO with Zerodha?
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