IPO Issue Details
Issue Price / Price Band₹57 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size260 Shares per Lot
Total Issue Size17,98,63,285 shares (aggregating up to ₹1,025.00 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital-cum-Offer for Sale
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenThu, 03 Aug 2023
Subscription CloseMon, 07 Aug 2023
Anchor AllotmentWed, 02 Aug 2023
Basis of AllotmentThu, 10 Aug 2023
Initiation of RefundsFri, 11 Aug 2023
Credit of Shares to DematMon, 14 Aug 2023
Listing DateWed, 16 Aug 2023
UPI Mandate Deadline2023-08-07
Application & Investment Details
Retail — Min (1 Lots)₹14,820 — 260 shares
Retail — Max (13 Lots)₹192,660 (13 Lots)
HNI — Min (14 Lots)₹2,07,480 — 3,640 shares
EPS (Pre-IPO)₹1.25
P/E Ratio (Pre-IPO)40.42x
Pre-IPO Promoter Holding95,89,08,906 shares
Post-IPO Promoter Holding1,06,42,37,454 shares
Fresh Issue Shares10,53,01,883 shares (aggregating up to ₹600.09 Cr)
Offer for Sale Shares7,45,61,402 shares of ₹10 (aggregating up to ₹424.91 Cr)
About SBFC Finance Ltd.
Incorporated in 2008, SBFC Finance Limited is a systemically important, non-deposit-taking Non-Banking Finance Company (NBFC-ND-SI). The primary customer base of the company includes entrepreneurs, small business owners, self-employed individuals, and salaried and working-class individuals.SBFC provides its services in the form of Secured MSME Loans and Loans against Gold.SBFC Finance tends to extend its services to entrepreneurs and small business owners who are underserved or unserved by traditional financial institutions like banks. There are various factors taken into consideration while offering financial assistance in the form of loans. SBFC Finance offers its services so that entrepreneurs can fulfill their financial requirements and thrive.The entity has a diversified pan-India presence through its extensive network. As of December 31, 2022, SBFC Finance had established its footprints in over 105 cities in 16 Indian states and two union territories. They currently have 137 branches.
Objects of the Issue
SBFC Finance Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 Meet the future capital requirements arising out of the growth of the business and assets.
559.08
Shareholding & Lock-in
Pre-IPO Promoter Holding
95,89,08,906 shares
Post-IPO Promoter Holding
1,06,42,37,454 shares
Lock-in Period (30%)September 9, 2023
Lock-in Period (50%)November 8, 2023