IPO

SBFC Finance Limited IPO

Mainboard

Non Banking Financial Company (NBFC)

Listed On: Aug 16, 2023 at ₹ 82.0(NSE)

₹ 14820 /260 Shares

Check Allotment

Price Summary

Last Closing

87.55 (53.6%)

52 Week High

98.00

52 Week Low

72.40

Last Update

19-Sep-2024 3:30 PM

SBFC Finance Limited IPO Details

03 Aug, 2023

Open Date

07 Aug, 2023

Close Date

10 Aug, 2023

Allotment Date

16 Aug, 2023

Listing Date

Issue Price

₹54-57 per equity share

Face Value

₹10 Per Equity Share

Listing at Group

BSE, NSE

Registrar

KFin Technologies Limited

List Price

82.0(NSE)

Listing Date

2023-08-16

Market Lot

Retail : 260 Shares (₹14,820/-)
S-HNI : 3,640 Shares (₹2,07,480/-)
B-HNI :17,680 Shares (₹10,07,760/-)

Lead Manager

Icici Securities Limited
Axis Capital Limited
Kotak Mahindra Capital Company Limited

Issue Size

Total ₹1025 Cr :
#Fresh Issue : 10,52,63,158 shares(aggregating up to ₹600.00 Cr) +
#OFS : 7,45,61,404 shares of ₹10(aggregating up to ₹425 Cr)

Retail Portion

35% (Number of Retail Applications: 2,39,650 Approx),
(Number of S-HNI Applications : 2,445 Approx),
(Number of B-HNI Applications : 4,890 Approx)

Subscription

74.06 times

SBFC Finance Limited IPO Subscription Details

As onQIBNII
bNII   sNII
RetailEmployeeTotal
Shares Offered / Reserved35,605,26126,703,948
17,802,632    8,901,316
62,309,2101,863,636126,482,055
Day 1 - 03-08-23 05:00 PM0.03 x4.09
3.85 x   4.57 x
2.05 x1.10 x1.90 x
Day 2 - 04-08-23 05:00 PM6.71 x12.95
12.67 x   13.50 x
4.93 x2.44 x7.09 x
Day 3 - 07-08-23 05:00 PM203.61 x51.82
56.69 x   42.06 x
11.59 x6.21 x74.06 x
Total No. of Applications: 24,29,560 (Approx)
Retail Subscription on the basis of Applications: 10.14 times

SBFC Finance Limited Valuations

Earnings Per Share (EPS)

₹1.41/-

P/E Ratio

40.42

RoNW

9.93%

Net Asset Value (NAV) - As on 31.03.23

₹19.26

SBFC Finance Limited Company Financials All values are in ₹ Cr.

31-Mar-2331-Mar-2231-Mar-2131-Mar-20
Assets5,746.444,515.034,231.194,207.99
Revenue740.36530.70511.53444.85
Profit After Tax149.7464.5285.0135.50

About The Company

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, salaried and working-class individuals.

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 by the traditional financial institutions like banks.

Read More

SBFC Finance Limited - Peers Comparison

P/B RatioP/E RatioRoNWNet Worth
SBFC Finance2.9640.59.93%740
Aavas Financeries3.8429.214.1%1,608
Home First Finance4.2133.513.5%791
Aptus Value Housing4.0627.116.1%1,093
AU Small Finance4.4331.415.4%8,844
Five Star Business4.8434.915.0%1,521

SBFC Finance Limited IPO - Ratings

Axis CapitalNeutral
Dilip DavdaMay Apply
HENSEX SecuritiesSubscribe
LKP Securities LtdSubscribe
SBICAP Securities LimitedSubscribe

SBFC Finance Limited - Promoter(s)

Pre Issue Share Holding: 78.83%

Post Issue Share Holding: 64.03%


Company Promoter(s)

  1. SBFC Holdings Pte. Ltd.
  2. Clermont Financial Pte. Ltd.
  3. Arpwood Partners Investment Advisors LLP
  4. Arpwood Capital Private Limited
  5. Eight45 Services LLP

SBFC Finance Limited IPO - Issue Objectives

  1. 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 - Anchor Investors

SBFC Finance mops up Rs 304.42 crore via anchor book ahead of IPO.

Marquee investors participated in the anchor book included Abu Dhabi Investment Authority, Amansa Holdings, Neuberger Berman Emerging Markets Equity Fund, Ashoka India Opportunities Fund, Steadview Capital Master Fund, Carmignac Portfolio, Think India Opportunities Master Fund LP, and Natixis International Fund.

Among others, HDFC Mutual Fund, SBI Mutual Fund, ICICI Prudential, Kotak Mahindra Trustee, Axis Mutual Fund, Aditya Birla Sun Life Trustee, Tata Mutual Fund, Sundaram Mutual Fund, Tata AIA Life, Motilal Oswal Mutual Fund, Bajaj Allianz Life Insurance, Max Life Insurance, and DSP India Fund also invested in the company via anchor book.

SBFC Finance Limited IPO - FAQs

Ans. SBFC Finance Limited IPO is a Mainboard IPO. The issue is priced at ₹54-57 per equity share. The minimum order quantity is 260 Shares. The IPO opens on Aug 3, 2023, and closes on Aug 7, 2023. KFin Technologies Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

Ans. The SBFC Finance Limited IPO opens on Aug 3, 2023 and closes on Aug 7, 2023.

Ans. The size of SBFC Finance Limited IPO is Total ₹1025 Cr : #Fresh Issue : 10,52,63,158 shares(aggregating up to ₹600.00 Cr) + #OFS : 7,45,61,404 shares of ₹10(aggregating up to ₹425 Cr).

Ans. The IPO price band is set between ₹54-57 per equity share.

Ans. To apply for SBFC Finance Limited IPO IPO, follow the steps given below:

  • - Open the IPO Ji App or Website
  • - Find SBFC Finance Limited IPO in the List of IPOs
  • - Press "Apply" Button
  • - Select Your Demat Account
  • - Select Your Shares Quantity and Submit
  • - Track Your IPO Status

Ans. The share allotment date of SBFC Finance Limited IPO is Aug 10, 2023.

Ans. The SBFC Finance Limited IPO will be listed on Aug 16, 2023.

Ans. Follow the steps to check the allotment status for SBFC Finance Limited IPO here.