The SBFC Finance IPO date has been set; the IPO will go Open On 3 Aug and close on 7 Aug. SBFC Finance IPO would raise about 1200 crores through an IPO that will include a fresh issue of 750 crores and an offer for sale of up to 450 crores of 10 apiece. The retail share is 35%, the
QIB quota is 50%, and the HNI quota is 15%. SBFC Finance is a non-banking finance company that does not accept deposits. Entrepreneurs, small company owners, self-employed individuals, and salaried and working-class citizens can apply for Secured MSME Loans and Loans against Gold. SBFC Finance has one of the greatest assets under management (“AUM”) growth rates among MSME-focused NBFCs in India, with a CAGR of 40% from Fiscal 2019 to Fiscal 2022.
Their real-time lending system is a multi-product digital platform that allows mobile customer onboarding, paperless login, and loan processing, leading to faster turn-around time. Customers can also use their mobile app to manage existing loans and service loans online. “Leviosa”, their loan origination platform capable of onboarding and disbursing loans. They created a dedicated ‘Gold Genie’ sales application, 193 allowing gold loans to be distributed at the customer’s residence.
SBFC Finance’s AUM expanded at a 39.17% CAGR from 16,482.07 million on March 31, 2020, to 31,921.81 million on March 31, 2022, and was 44,748.56 million on December 31, 2022. The Clermont Group, Arpwood Group, and Malabar Group belong to the company’s institutional investors.
SBFC Finance IPO Date & Price Band Details
| IPO Open: | August 3, 2023 |
| IPO Close: | August 7, 2023 |
| IPO Size: | Approx ₹1025 Crores |
| Fresh Issue: | Approx ₹600 Crores |
| Offer for Sale: | Approx ₹425 Crores |
| Face Value: | ₹10 Per Equity Share |
| IPO Price Band: | ₹54 to ₹57 Per Share |
| IPO Listing on: | BSE & NSE |
| Retail Quota: | 35% |
| QIB Quota: | 50% |
| NII Quota: | 15% |
| Employee Discount: | ₹2 per share |
Objects of the Issue
- TBA
SBFC Finance IPO Review (Apply or Not)
- To be updated soon
SBFC Finance IPO Market Lot
The SBFC Finance IPO minimum market lot is 260 shares with ₹14,820 application amount. The retail investors can apply up-to 13 lots with 3380 shares or ₹192,660.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 260 | ₹14,820 |
| Retail Maximum | 13 | 3380 | ₹192,660 |
| S-HNI Minimum | 14 | 3640 | ₹207,480 |
| B-HNI Minimum | 68 | 17680 | ₹1,007,760 |
Brokerage Firm IPO Review
- Capital Market: To be updated soon
- Religare Broking: To be updated soon
- Hem Securities: To be updated soon
- Arihant Capital: To be updated soon
SBFC Finance IPO Allotment & Listing Dates
The SBFC Finance IPO date is 2023 and the close date is 2023. The SBFC Finance IPO allotment will be finalized on 2023 and the IPO listing on 2023.
| Price Band Announcement: | July 28, 2023 |
| Anchor Investors Allotment: | August 2, 2023 |
| IPO Open Date: | August 3, 2023 |
| IPO Close Date: | August 7, 2023 |
| Basis of Allotment: | August 10, 2023 |
| Refunds: | August 11, 2023 |
| Credit to Demat Account: | August 14, 2023 |
| IPO Listing Date: | August 16, 2023 |
SBFC Finance IPO Form
How to apply for the SBFC Finance IPO? –> You can apply for SBFC Finance IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the SBFC Finance IPO in the Invest section. The other option is you can apply for SBFC Finance IPO via IPO forms downloaded via NSE and BSE. Check out the SBFC Finance forms
SBFC Finance Company Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹449 | ₹386 | ₹35.49 |
| 2021 | ₹516 | ₹398 | ₹85.01 |
| 2022 | ₹531 | ₹440 | ₹64.52 |
| 2023 9M | ₹532 | ₹388 | ₹107.03 |
SBFC Finance IPO Valuation – FY2022
Check SBFC Finance IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Earning Per Share (EPS): | ₹0.81 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 5.18% |
| Net Asset Value (NAV): | ₹15.42 per Equity Share |
Company Promoters
- SBFC HOLDINGS PTE. LTD.
- CLERMONT FINANCIAL PTE. LTD.
- ARPWOOD PARTNERS INVESTMENT ADVISORS LLP
- ARPWOOD CAPITAL PRIVATE LIMITED
- EIGHT45 SERVICES LLP
SBFC Finance IPO Registrar
KFin Technologies Limited
Tel: +91 40 6716 2222 / 79611000
E-mail: Sbfc.ipo@kfintech.com
Website: https://www.kfintech.com
Company Address
SBFC Finance Limited
1st Floor, C&B Square, Sangam Complex,
Andheri Kurla Road, Village Chakala,
Andheri (East), Mumbai 400 059,
Tel: +91 22 67875344
E-mail: complianceofficer@sbfc.com
Website: https://www.sbfc.com
SBFC Finance IPO Lead Managers aka Merchant Bankers
- ICICI Securities Limited
- Axis Capital Limited
- Kotak Mahindra Capital Company Limited
SBFC Finance IPO FAQs :
Q1. What is SBFC Finance IPO?
Ans. SBFC Finance IPO is a main-board IPO. They are going to raise ₹1200 Crores via IPO. The issue is priced at ₹54 to ₹57 per equity share. The IPO is to be listed on BSE & NSE.
Q2. When SBFC Finance IPO will open?
Ans. The IPO is to open on August 3, 2023 for QIB, NII, and Retail Investors.
Q3. What is SBFC Finance IPO Investors Portion?
Ans. The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
Q4. How to Apply the SBFC Finance IPO?
Ans. You can apply for SBFC Finance IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form.
Q5. How to Apply the SBFC Finance IPO through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “SBFC Finance”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Q6. How to Apply the SBFC Finance IPO through Upstox?
Ans. Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “SBFC Finance”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
Q7. How to Apply the SBFC Finance IPO through Paytm Money?
Ans. Log in to Paytm Money Application with your credentials. Select the IPO. You will see the IPO Name “SBFC Finance”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Paytm Money.
Q8. What is SBFC Finance IPO Size?
Ans. SBFC Finance IPO size is ₹1200 crores.
Q9. What is SBFC Finance IPO Price Band?
Ans. SBFC Finance IPO Price Band is ₹54 to ₹57.
Q10. What is SBFC Finance IPO Minimum and Maximum Lot Size?
Ans. The minimum bid is 260 Shares with ₹14,820 amount while the maximum bid is 3380 shares with ₹192,660.
Q11. What is the SBFC Finance IPO Allotment Date?
Ans. SBFC Finance IPO allotment date is 2023.
Q12. What is the SBFC Finance IPO Listing Date?
Ans. SBFC Finance IPO listing date is August 16, 2023. The IPO is to list on BSE and NSE.
