What is the issue size of SBFC Finance IPO?

The issue size of the SBFC Finance IPO is Rs 1,025.00 cr.

What is 'pre-apply' for SBFC Finance IPO?

Pre-apply will alow you to apply for the SBFC Finance IPO 2 days before the subscription period starts.

If I pre-apply for SBFC Finance IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the SBFC Finance IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my SBFC Finance IPO order is placed?

We will notify you when your SBFC Finance IPO order is placed with the exchange.

What are the open and close dates of the for SBFC Finance IPO?

SBFC Finance IPO will be open between 3 August - 7 August, 2023.

What is the lot size and minimum order quantity of the SBFC Finance IPO?

The SBFC Finance Limited IPO lot size has not been announced yet.

What are the allotment dates for the SBFC Finance IPO?

SBFC Finance IPO allotment date is 10 August, 2023. For SBFC Finance IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of SBFC Finance IPO?

SBFC Finance IPO registrar is Kfin Technologies Limited. You can check SBFC Finance IPO allotment status on the website of the registrar.

Where is the SBFC Finance IPO getting listed?

The shares are proposed to be listed on BSE and NSE.

SBFC Finance IPO

SBFC Finance Limited

₹14,040 /260 sharesMinimum Investment

SBFC Finance IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
BSE & NSE₹57.00₹82.00₹25.00 (43.86%)
SBFC Finance IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
3 Aug ‘23 - 7 Aug ‘23₹14,040260₹54 - ₹57
Issue SizeIPO Doc
1025.00CrRHP PDF
Subscription Status As on 07 Aug '23, 5:05 PMQualified Institutional Buyers
192.89x
Non-Institutional Investor
49.09x
Retail Individual Investor
10.98x
Employees
5.86x
Total
75.79x
About SBFC FinanceSBFC Finance, originally incorporated in 2008 as 'MAPE Finserve Private Limited,' is a systemically important non-deposit-taking non-banking finance company (NBFC-ND-SI).
The company specialises in providing secured MSME loans and loans against gold, catering to entrepreneurs, small business owners, self-employed individuals, and salaried working-class individuals. The company’s focus extends to tier II and tier III cities to help foster entrepreneurship in these regions and cater to customers with solid credit histories. ;
Parent Organisation
SBFC Finance Limited
Founded
2008
Managing Director
Mr. Aseem Dhru
Strengths & Risks
SBFC Finance has a diversified presence across India, operating in 120 cities, spanning 16 states and 2 union territories, with 152 branches as of March 31, 2023. Their distribution network covers North, South, East, and West zones, enabling them to reach remote cities and towns in tier II and III cities.
SBFC Finance's Assets Under Management (AUM) grew at a CAGR of 49.17% from Rs. 222.23 crores in March 31, 2021, to Rs. 4,942.82 crores as of March 31, 2023. The company experienced a CAGR of 40% in disbursements between fiscal year 2019 to 2023.
To manage inherent risks in its operations, the company has a credit assessment and risk management framework.
SBFC Finance has been successful in identifying potential defaults early, contributing to relatively low gross NPA ratios. The company’s three-tier collections infrastructure includes tele-calling, field collection, legal recovery, and real-time collections tracking through a mobile application.
SBFC Finance predominantly disbursed 80.14% of loans (amounting to Rs. 4,205.17 crores) to self-employed customers from April 1, 2021, to March 31, 2023. Additionally, they have a notable concentration of loans to MSMEs. Self-employed individuals and MSMEs are considered higher-risk borrowers due to their exposure to economic fluctuations.
If a loan is drawn against gold, any fluctuation in the price of gold can severely affect the value of recovery.
As a substantial portion of their revenue is derived from net interest income, any increase in interest rates could lead to financial stress for borrowers, potentially increasing delinquencies and impacting loan demand while also affecting the company's interest expense relative to income.
The company's cost and availability of capital rely partially on its credit ratings. A credit rating downgrade could increase borrowing costs, potentially leading to default under financing arrangements and adversely affecting their access to capital and debt markets, which, in turn, may impact their business and interest margins.
SBFC Finance's ability to meet debt service obligations and repay outstanding borrowings depends on cash generated by the business, which relies on timely customer repayments. Certain restrictive covenants in financing agreements might limit their ability to undertake specific transactions, adversely affecting their business and financial condition.
SBFC Finance experienced defaults/delays in paying statutory dues such as GST, TDS, provident fund, and professional tax. 
Failure to comply with RBI guidelines and regulations can attract severe penalties.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹54 - 57₹2 Lakh
Employee₹52 - 55₹2 Lakh
High Networth Individual₹54 - 57₹2 - 5 Lakh
For SBFC Finance IPO, eligible investors can apply as Regular & Employee.

Listed On	Issue Price	Listing Price	Listing Gains
BSE & NSE	₹57.00	₹82.00	₹25.00 (43.86%)

Bidding Dates	Min. Investment	Lot Size	Price Range
3 Aug ‘23 - 7 Aug ‘23	₹14,040	260	₹54 - ₹57

Issue Size	IPO Doc
1025.00Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹54 - 57	₹2 Lakh
Employee	₹52 - 55	₹2 Lakh
High Networth Individual	₹54 - 57	₹2 - 5 Lakh

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