SBFC Finance IPO Details ( SBFC Finance Limited IPO Review )
(03 Aug 2023 – 07 Aug 2023)
Established in 2008, SBFC Finance Limited is a systemically important Non-Banking Finance Company (NBFC-ND-SI) that does not accept deposits. Its core clientele includes entrepreneurs, small business owners, self-employed individuals, as well as salaried and working-class individuals.
SBFC specializes in providing Secured MSME Loans and Loans against Gold.
The company’s focus lies in catering to entrepreneurs and small business owners who have been neglected or underserved by conventional financial institutions such as banks. Various factors are taken into account while extending financial assistance in the form of loans, with the goal of helping entrepreneurs meet their financial needs and flourish.
With an extensive nationwide presence, SBFC Finance operates in more than 105 cities across 16 Indian states and two union territories as of December 31, 2022. Presently, they have 137 branches to better serve their customers.
SBFC Finance IPO Listed On ₹82.00 & Listing Gain 43.86%
SBFC Finance IPO Listing Day Trading Information:
| SBFC Finance IPO | Data |
| BSE Symbol | 543959 |
| NSE Symbol | SBFC |
| Listing Date | 16 July 2023 |
| Issue Price | ₹57 |
| Listed Price | ₹82 |
| Open | ₹82 |
| Low | ₹82 |
| Listing Gain | 43.86% |
SBFC Finance Limited IPO Competitive Strength
- Diversified pan-India presence with an extensive network to cater to our target customer segment
- 100% in-house sourcing, leading to superior business outcomes
- Comprehensive credit assessment, underwriting and risk management framework
- Extensive on-ground collections infrastructure leading to maintenance of robust asset quality
- Healthy liability franchise with low cost of funds
- Consistent financial performance backed by profitable growth
- Experienced, cycle-tested and professional management team with good corporate governance backed by marquee investors
- Leverage our pan-India network to deepen our penetration in our target customer segment
- Diversify our source of borrowings and improve operating leverage
SBFC Finance IPO Financials Performance ( Results )
SBFC Finance Limited Financial Information (Restated)
All Amount in ₹ Crores
| Period Ended | Total Assets | Total Revenue | PAT | EPS (₹) | Net Worth | NAV (₹) | Reserves | Borrowing |
| 31-Mar-20 | 4,207.99 | 444.85 | 35.50 | 0.48 | 752.09 | 13.19 | 270.15 | 3,056.38 |
| 31-Mar-21 | 4,231.19 | 511.53 | 85.01 | 1.06 | 944.72 | 14.66 | 408.43 | 2,772.55 |
| 31-Mar-22 | 4,515.03 | 530.70 | 64.52 | 0.79 | 1,026.78 | 15.42 | 480.36 | 2,948.82 |
| 31-Dec-22 | 5,334.82 | 531.69 | 107.03 | 1.17 | 1,421.63 | 18.75 | – | 3,409.48 |
| 31-Mar-23 | 5,746.44 | 740.36 | 149.74 | 1.62 | 1,466.88 | 19.26 | 837.69 | 3,745.83 |
Objective of IPO Issue
- The Company’s objective is to use the Net Proceeds for expanding its capital base.
- The purpose is to meet future capital needs resulting from business and asset growth.
SBFC Finance IPO Basic Details
| IPO Date | Aug 3, 2023 to Aug 7, 2023 |
| Listing Date | Wednesday, August 16, 2023 |
| Face Value | ₹10 per share |
| Price | ₹54 to ₹57 per share |
| Lot Size | 260 Shares |
| Issue Size | [.] shares of ₹10 (aggregating up to ₹1,025.00 Cr) |
| Fresh Issue | [.] shares of ₹10 (aggregating up to ₹600.00 Cr) |
| Offer for Sale | [.] shares of ₹10 (aggregating up to ₹425.00 Cr) |
| Issue Type | Book Built Issue IPO |
| Employee Discount | Rs 2 per share |
| Listing At | NSE, BSE |
| Company Promoters | Sbfc Holdings Pte. Ltd., Clermont Financial Pte. Ltd., Arpwood Partners Investment Advisors Llp, Arpwood Capital Private Limited And Eight45 Services Llp |
SBFC Finance IPO Anchor Investors Basic Details
| Bid Date | Aug 2, 2023 |
| Shares Offered | 53,407,893 |
| Anchor Portion Size (In Cr.) | ₹304.42 |
| Anchor lock-in period ends in 30 days for 50% shares. | Sep 25, 2023 |
| Remaining shares anchor lock-in period ends in 90 days. | Dec 22, 2023 |
| Nimbark IPO Anchor Investors list Details | Download |
SBFC Finance IPO Reservation
| QIB Shares Offered | 50% of the Net Issue |
| NII (HNI) Shares Offered | 15% of the Net Issue |
| Retail Shares Offered | 35% of the Net Issue |
SBFC Finance IPO Timetable
SBFC Finance IPO will open on August 03, 2023 and close on August 07, 2023. You can join SBFC Finance IPO at 10.00 A.M. to 5.00 p.m. Upto which mandate can be applied.
| Event | Date |
| Opening Date | 3 August 2023 (Thursday) |
| Closing Date | 7 August 2023 (Monday) |
| Basis of Allotment | 10 August 2023 (Thursday) |
| Initiation of Refunds | 11 August 2023 (Friday) |
| Credit of Shares to Demat | 14 August 2023 (Monday) |
| Listing Date | 16 August 2023 (Wednesday) |
| Deadline for UPI mandate confirmation | 5 PM on 7 August 2023 |
SBFC Finance IPO Lot Size
For retail investors in SBFC Finance IPO, 260 shares will come in 1 lot or the minimum investment will be ₹14,820. Retail-individual investors can apply for up to 1 lots or the maximum investment will be ₹192,660.
| Application | Lots | Shares | Amount |
| Retail (Min) | 1 | 260 | ₹14,820 |
| Retail (Max) | 13 | 3,380 | ₹192,660 |
| S-HNI (Min) | 14 | 3,640 | ₹207,480 |
| S-HNI (Max) | 67 | 17,420 | ₹992,940 |
| B-HNI (Min) | 68 | 17,680 | ₹1,007,760 |
SBFC Finance IPO Promoter Holding
The company’s promoters include SBFC Holdings Pte. Ltd., Clermont Financial Pte. Ltd., Arpwood Partners Investment Advisors LLP, Arpwood Capital Private Limited and Eight45 Services LLP.
| Pre Issue Share Holding | 78.83% |
| Post Issue Share Holding | 64.03% |
SBFC Finance Ltd IPO Key Performance Indicator ( Valuation )
In the table given below, all the figures have been told according to the latest financial year.
| KPI | Values |
| Market Cap (₹ Cr.) | Coming Soon |
| Earning Per Share (EPS) | ₹1.71 per Equity Share |
| Net Asset Value (NAV) | ₹19.26 per Equity Share |
| P/E Ratio (P/E) (x) | 40.42 |
| Return on Net Worth (RoNW) (%) | 9.93 |
| Return on equity (ROE) (%) | 9.93 |
| Return on Capital Employed (ROCE) (%) | Coming Soon |
| Debt/Equity Ratio | Coming Soon |
| Upper Price/Book Value (Price/BV) Ratio | 2.96 |
SBFC Finance Ltd Peer Comparison
| Company Name | Consolidated/ Standalone | CPM (₹) | Face Value | EPS (₹) | P/E Ratio | RoNW (%) | NAV (₹) | P/BV Ratio |
| SBFC Finance Limited | Standalone | 57 | 10 | 0.79 | 40.42 | 5.18 | 15.42 | 2.96 |
| Peer Companies | ||||||||
| Aavas Financiers Ltd | Consolidated | 1,828.30 | 10 | 44.81 | 40.80 | 12.66 | 355.53 | 5.14 |
| Home First Finance Company India Ltd | Standalone | 747.15 | 2 | 20.85 | 35.83 | 11.83 | 179.58 | 4.16 |
| Aptus Value Housing Finance India Ltd | Consolidated | 281.90 | 2 | 7.53 | 37.44 | 12.69 | 58.68 | 4.80 |
| AU Small Finance Bank Ltd | Standalone | 624.80 | 10 | 17.85 | 35.01 | 15.04 | 119.31 | 5.24 |
| Five Star Business Finance Limited | Standalone | 556.15 | 1 | 15.92 | 34.93 | 12.22 | 127.34 | 4.37 |
SBFC Finance IPO GMP Live Update, Kostak Rate day by day
| Date | GMP | Kostak | Subject to |
| 7 August 2023 | ₹41 | – | – |
| 6 August 2023 | ₹40 | – | – |
| 5 August 2023 | ₹40 | – | – |
| 4 August 2023 | ₹40 | – | – |
| 3 August 2023 | ₹39 | – | – |
| 2 August 2023 | ₹40 | – | – |
| 1 August 2023 | ₹40 | – | – |
| 31 July 2023 | ₹40 | – | – |
| 30 July 2023 | ₹38 | – | – |
| 29 July 2023 | ₹38 | – | – |
SBFC Finance IPO Detail Video:
SBFC Finance IPO Subscription Status (Bidding Detail)
The SBFC Finance IPO on August 07, 2023 at 7:30:00 PM was subscribed 74.06 times, with the retail category being subscribed 11.60 times, the NII (Non-Institutional Investor) category being subscribed 51.82 times and the QIB (Qualified-Institutional Buyers) category being subscribed 203.61 times.
| Category | Subscription |
| QIB | 203.61x |
| NII | 51.82x |
| Retail | 11.60x |
| Employee | 6.21x |
| Total | 74.06x |
SBFC Finance IPO Prospectus
| SBFC Finance IPO DRHP | Download |
| SBFC Finance IPO RHP | Download |
| SBFC Finance IPO Anchor Investors Details PDF | Download |
SBFC Finance IPO Rating
| Our Rating | 3.5/5.0 |
SBFC Finance Company Contact Information
SBFC Finance Limited
Corporate Identity Number: U67190MH2008PLC178270
Registered and Corporate Office: 103, 1st Floor, C&B Square,
Sangam Complex, Andheri Kurla Road, Village Chakala,
Andheri (East), Mumbai 400 059, Maharashtra, India
Contact Person: Jay Mistry, Company Secretary and Compliance Officer
Tel: +91 22 67875344
E-mail: complianceofficer@sbfc.com
Website: www.sbfc.com
The Promoters: Sbfc Holdings Pte. Ltd., Clermont Financial Pte. Ltd., Arpwood Partners Investment Advisors Llp, Arpwood Capital Private Limited And Eight45 Services Llp
SBFC Finance IPO Registrar
KFin Technologies Limited
Address: Selenium, Tower-B, Plot 31 & 32, Financial District,
Nanakramguda, Serilingampally Hyderabad, Rangareddi 500 032,
Telangana, India
Tel: +91 40 6716 2222 / 7961 1000
E-mail: Sbfc.ipo@kfintech.com
Investor grievance e-mail: einward.ris@kfintech.com
Website: www.kfintech.com
Contact person: M. Muralikrishna
SEBI Registration No: INR000000221
SBFC Finance IPO Lead Manager
ICICI Securities Limited
Address: ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi
Mumbai 400 025 Maharashtra, India
Tel: +91 22 6807 7100
E-mail: sbfc.ipo@icicisecurities.com
Website: www.icicisecurities.com
Investor Grievance E-mail: customercare@icicisecurities.com
Contact person: Sameer Purohit/ Sumit Singh
SEBI Registration No: INM000011179
Axis Capital Limited
Address: 1st Floor, Axis House C-2, Wadia International Centre P. B. Marg,
Worli Mumbai – 400 025 Maharashtra, India
Tel: +91 22 4325 2183
E-mail: sbfc.ipo@axiscap.in
Website: www.axiscapital.co.in
Investor Grievance E-mail: complaints@axiscap.in
Contact person: Mayuri Arya/Harish Patel
SEBI Registration No: INM000012029
Kotak Mahindra Capital Company Limited
Address: 1st Floor, 27 BKC Plot No. 27, “G” Block Bandra Kurla Complex Bandra
(East) Mumbai 400 051 Maharashtra, India
Tel: +91 22 4336 0000
Website: www.investmentbank.kotak.com
E-mail: sbfcfinance.ipo@kotak.com
Investor Grievance E-mail: kmccredressal@kotak.com
Contact Person: Ganesh Rane
SEBI Registration No.: INM000008704
SBFC Finance IPO FAQs
What is the lot size of SBFC Finance IPO?
The total size of SBFC Finance IPO is ₹1,025 crores out of which ₹600 crores is fresh issue and ₹425 crores is offer for sale (OFS).
When will SBFC Finance IPO start?
SBFC Finance IPO will open from 3 August 2023 and IPO will close on 7 August 2023.
What is the open date of SBFC Finance IPO?
SBFC Finance IPO will open date from 3 August 2023.
What is the last date ( close date ) of SBFC Finance IPO?
SBFC Finance IPO will close from 7 August 2023.
What is the price band of SBFC Finance IPO?
SBFC Finance IPO price band is ₹54 to ₹57. ( Upper Price Band: ₹57, Lower Price Band: ₹54 )
What is the minimum amount required to apply for SBFC Finance IPO?
The minimum investment for retailers to apply for SBFC Finance IPO is ₹14,820 and the maximum investment is ₹192,660.
What is going on gray market premium of SBFC Finance IPO?
View gray market premium of SBFC Finance IPO by Clicking Here
How much is the GMP of SBFC Finance IPO?
Watch SBFC Finance IPO GMP Today: Click Here
What is the allotment date of SBFC Finance IPO?
The allotment date of SBFC Finance IPO is 10 August 2023.
How to check allotment status in SBFC Finance IPO?
To check the allotment status of SBFC Finance IPO, first of all go to the registrar website by clicking here, select your bad SBFC Finance IPO name or enter your bad application number, PAN number or client ID and click on submit. ( Video Link )
What is the listing date of SBFC Finance IPO?
The listing date of SBFC Finance IPO is 16 August 2023.
How much will be the listing gain in SBFC Finance IPO?
View listing gain of SBFC Finance IPO by Clicking Here
How much time SBFC Finance IPO is subscribed?
Total 74.06 times subscribed in SBFC Finance IPO out of which 11.60 times subscription was done in retail quota, 51.82 times subscription in NII quota and 203.61 times subscription in QIB quota.
How to apply for SBFC Finance IPO from Upstox?
Click Here to see how to apply for SBFC Finance IPO from Upstox. (step by step)
How to apply for SBFC Finance IPO from Zerodha?
Click Here to see how to apply for SBFC Finance IPO from Zerodha. (step by step)
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Click Here to see how to apply for SBFC Finance IPO from Angle One. (step by step)
