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SBFC Finance Limited IPO Detail

SBFC Finance Limited IPO Detail

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.

Company Promoters

IPO Details

IPO Opening DateAug 03, 2023
IPO Closing DateAug 07, 2023
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price ₹54 - 57 per equity share
Market Lot260 Shares
Min Order Quantity260 Shares
Listing AtBSE, NSE
Issue Size₹1,025.00 Cr
Fresh Issue₹600.00 Cr
Offer for Sale₹425.00 Cr
Retail Portion 35%

IPO Subscription (Bidding Detail)

Day 1 0.00x 0.00x 0.00x - 0.00x
Day 2 0.03x 4.37x 2.21x - 2.04x
Day 3 7.09x 13.68x 5.21x - 7.49x
Day 4 203.61x 51.82x 11.60x - 74.06x

IPO Tentative Timetable

The SBFC Finance Limited IPO open date is Aug 03, 2023, and the close date is Aug 07, 2023. The issue may list on Aug 16, 2023.

IPO Open DateAug 03, 2023
IPO Close DateAug 07, 2023
Basis of Allotment DateAug 10, 2023
Initiation of RefundsAug 11, 2023
Credit of Shares to Demat AccountAug 14, 2023
IPO Listing DateAug 16, 2023

IPO Lot Size

The SBFC Finance Limited IPO market lot size is 260 shares. A retail-individual investor can apply for up to 13 lots (3380 shares or ₹192660).

ApplicationLotsSharesAmount (Cut-off)

IPO Promoter Holding

Pre Issue Share Holding78.83%
Post Issue Share Holding64.03%

Company Financials:

For the year/period ended (₹ in Cr.)

Financial Year Total Assets Total Revenue Profit After Tax
31-Mar-21 4231.19 511.53 85.01
31-Mar-22 4515.03 530.70 64.52
31-Mar-23 5746.44 740.36 149.74

Objects of the Issue:

The Company proposes to utilize the Net Proceeds towards augmenting the Company's capital base to meet their future capital requirements arising out of the growth of the business and assets.

SBFC Finance Limited IPO Registrar:

KFin Technologies Limited

SBFC Finance Limited IPO Lead Manager(s):

Icici Securities Limited Axis Capital Limited Kotak Mahindra Capital Company Limited

Company Contact Information:

SBFC Finance Limited

103, 1st Floor, C&B Square, Sangam Complex,

Andheri Kurla Road, Village Chakala,

Andheri (East), Mumbai - 400 059