SBFC Finance IPO Date, Review, Price, Allotment Details

SBFC Finance IPO Details: SBFC Finance IPO date is fixed, the IPO is to hit the market on August 3 and will close on August 7. SBFC Finance IPO to raise around ₹1025 crores via IPO that comprises fresh issue of ₹600 crores and offer for sale up to ₹425 crores of ₹10 each. The retail quota is 35%, QIB is 50%, and HNI is 15%.
SBFC Finance IPO

Table of Contents

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.

Anchor Investors

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)

  • Apply

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 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
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.

ApplicationLot SizeSharesAmount
Retail Minimum1260₹14,820
Retail Maximum133380₹192,660
S-HNI Minimum143640₹207,480
B-HNI Minimum6817680₹1,007,760

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

You can check IPO subscription status and IPO allotment status on their respective pages.

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
YearRevenueExpensePAT
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

Peer Group

  • NA

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: [email protected]
Website: www.kfintech.com

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

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: [email protected]
Website: www.sbfc.com

SBFC Finance IPO FAQs

What is SBFC Finance IPO?

SBFC Finance IPO is a main-board IPO. They are going to raise ₹1025 Crores via IPO. The issue is priced at ₹54 to ₹57 pr equity share. The IPO is to be listed on BSE & NSE.

When SBFC Finance IPO will open?

The IPO is to open on August 3, 2023 for QIB, NII, and Retail Investors.

What is SBFC Finance IPO Investors Portion?

The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

How to Apply the SBFC Finance IPO?

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.

How to Apply the SBFC Finance IPO through Zerodha?

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.

How to Apply the SBFC Finance IPO through Upstox?

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.

How to Apply the SBFC Finance IPO through Paytm Money?

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.

What is SBFC Finance IPO Size?

SBFC Finance IPO size is ₹1025 crores.

What is SBFC Finance IPO Price Band?

SBFC Finance IPO Price Band is ₹54 to ₹57.

What is SBFC Finance IPO Minimum and Maximum Lot Size?

The minimum bid is 260 Shares with ₹14,820 amount while the maximum bid is 3380 shares with ₹192,660.

What is the SBFC Finance IPO Allotment Date?

SBFC Finance IPO allotment date is August 10, 2023.

What is the SBFC Finance IPO Listing Date?

SBFC Finance IPO listing date is August 16, 2023. The IPO is to list on BSE and NSE.

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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