SBFC Finance is a non-deposit-taking non-banking finance company. They offer Secured MSME Loans and Loans against Gold to entrepreneurs, small business owners, self-employed individuals, and salaried and working-class individuals. SBFC Finance is one of the highest assets under management (“AUM”) growth, at a CAGR of 40% from Fiscal 2019 to Fiscal 2022 among MSME-focused NBFCs in India. (Source: CRISIL Report).
Their real-time lending system is a multi-product digital platform supporting mobile customer onboarding, paperless login, and loan processing, which leads to quicker turn-around time. Their mobile application also enables customers to manage existing loans, in addition to servicing loans online. “Leviosa”, their loan origination platform capable of onboarding and disbursing loans. They set up a dedicated ‘Gold Genie’ sales application, 193 enabling gold loan disbursal at a customer’s home.
SBFC Finance’s AUM has grown at a CAGR of 39.17% from ₹ 16,482.07 million as of March 31, 2020, to ₹ 31,921.81 million as of March 31, 2022, and was ₹ 44,748.56 million as of December 31, 2022. The company is backed by marquee institutional investors such as the Clermont Group, Arpwood Group, and Malabar Group.
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 mobilises ₹304 crore from anchor investors ahead of subscription. The IPO Committee of the board of directors of our Company (“IPO Committee”) in their meeting held on August 2, 2023, in consultation with Arpwood Partners Investment Advisors LLP, Arpwood Capital Private Limited and Eight45 Services LLP (together, the “Promoter Selling Shareholders”) and ICICI Securities Limited, Axis Capital Limited and Kotak Mahindra Capital Company Limited (together, the “Book Running Lead Managers”), have finalized allocation of 5,34,07,893 Equity Shares to Anchor Investors at the Anchor Investor Allocation Price of ₹ 57 per Equity Share (including share premium of ₹ 47 per Equity Share).
SBFC Finance IPO Review (Apply or Not)
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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|
|Employee Discount:||₹2 per share|
|DRHP Draft Prospectus:||Click Here|
|RHP Draft Prospectus:||Click Here|
|Anchor Investors List:||Click Here|
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 amount.
SBFC Finance IPO Allotment & Listing Dates
The SBFC Finance IPO date is August 3 and the close date is August 7. The SBFC Finance IPO allotment will be finalized on August 10 and the IPO listing on August 16.
|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 – Click BSE Forms & NSE Forms blank IPO forms download, fill, and submit in your bank or with your broker.
SBFC Finance Company Financial Report
|₹ in Crores|
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|
- 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: [email protected]
SBFC Finance IPO Allotment Status Check
Check SBFC Finance IPO allotment status on KFintech website allotment URL. Click Here
SBFC Finance IPO Lead Managers aka Merchant Bankers
- ICICI Securities Limited
- Axis Capital Limited
- Kotak Mahindra Capital Company Limited
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: [email protected]
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Note: The SBFC Finance IPO price band and date are officially announced . The IPO grey market premium (SBFC Finance IPO Premium) will be added to the IPO grey market page as it will start).
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