SBFC Finance IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1025.00 Cr. The company is based in Mumbai and caters to Banking And Finance sector. Axis Capital , ICICI Securities , Kotak Mahindra Capital Company are the merchant bankers of SBFC Finance IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 5th November 2022.
SBFC Finance IPO open date is 3rd August 2023 and close date is 7th August 2023. IPO Allotment Date is 10th August 2023 and Listing date is 16th August 2023.SBFC Finance IPO size is ₹ 1025.00 Cr. with IPO price of ₹ 57.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Axis Capital Limited is the book-running lead manager of the SBFC Finance IPO. Kfin Technologies Limited is the Registrar for SBFC Finance IPO.
SBFC Finance IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
SBFC Finance IPO, based in Mumbai, operates in the Banking And Finance sector with a focus on providing financial services to MSMEs with a targeted ticket size. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. SBFC Finance IPO size is ₹ 1025.00 Cr. with fresh issue size of ₹ 600.00 Cr. and Offer for sale being ₹ 425.00Cr.
The IPO allotment date for SBFC Finance IPO is expected to be 10th August 2023, after the finalization of basis of allotment. Investors can check SBFC Finance IPO allotment status on the registrars website, Kfin Technologies Limited . SBFC Finance IPO refund dates are 11th August 2023.
SBFC Finance IPO is expected to be listed on 16th August 2023.
The upper price band for the SBFC Finance IPO is set at ₹ 57.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on SBFC Finance IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the SBFC Finance IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 7th August 2023. After submission, funds are blocked until the basis of allotment of SBFC Finance IPO is finalised.
The merchant banker for SBFC Finance IPO is Axis Capital Limited , ICICI Securities Limited , Kotak Mahindra Capital Company Limited . Axis Capital Limited , ICICI Securities Limited , Kotak Mahindra Capital Company Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the SBFC Finance IPO RHP for further details.
The registrar for SBFC Finance IPO is Kfin Technologies Limited . Investors can go to Kfin Technologies Limited registrar website for IPO allotment status, refund processing, and other queries related to SBFC Finance IPO through their official website or helpline.
SBFC Finance IPO was subscribed 74.06 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
SBFC Finance IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on SBFC Finance Financial Review Page
Merchant Banker(s) of SBFC Finance IPO: Axis Capital Limited , ICICI Securities Limited , Kotak Mahindra Capital Company Limited
SBFC Finance IPO subscription was 74.06 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
SBFC Finance IPO listed at a listing price of 92.21 against the offer price of 57.00.
The current market price of SBFC Finance is 114.50.
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