SBFC Finance IPO Subscription Status – IPO Closed

IPOWatch Team
August 7, 2023

IPOWatch Team

SBFC Finance IPO subscription status started on Thursday August 3, 2023 and will close on August 7, 2023. SBFC Finance IPO to raise around ₹1025 crores via IPO. The retail quota is 35%, QIB is 50%, and NII is 15%. The price band is fixed at ₹54 to ₹57 per equity share.

The SBFC Finance IPO minimum market lot is 260 shares with ₹14,820 application amount. The SBFC Finance IPO is a Mainline IPO, and it will list on BSE and NSE.

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).

IPOWatch View

We recommend investors may apply for an IPO with short-term and long-term views. Investors should also look at the QIB, NII, and Retail numbers before investing.

SBFC Finance IPO Subscription Status – Day 3

Category	Day 3
QIB	203.61
NII	51.82
bNII	56.69
sNII	42.07
RII	11.60
EMP	6.21
Total	74.06

SBFC Finance IPO Investor Categories

Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
Retail Individual Investors (RII): Retail Individual Investors or NRIs
Employee (EMP): Eligible Employees
Others: Eligible Shareholders

SBFC Finance IPO Review

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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 online. Check out the SBFC Finance forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.

SBFC Finance IPO Subscription Status FAQs:

When SBFC Finance IPO Subscription will start?

The IPO subscription starts on August 3, 2023 for QIB, NII, and Retail Investors.

How to subscribe SBFC Finance IPO?

You can go with ASBA and Non-ASBA options for a subscription. Go to your bank account and apply for IPO online via ASBA or download the form online or get the physical form and submit the filled form to your broker or bank.

How do I check live SBFC Finance IPO Subscription Numbers Today?

One can visit our portal for live IPO subscription numbers that we are updating hourly basis from the official websites. One can check the live subscription on official websites on the particular IPO page.

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 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 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.

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