IBL Finance Limited IPO
IBL Finance Limited was a SME IPO in the Non Banking Financial Company (NBFC) sector, offered at ₹51–₹51 per share to raise ₹33 crore. It listed on 16 Jan 2024 at ₹56 and closed its first day at ₹59, a listing gain of +15.3% versus the ₹51 issue price. It now trades around ₹59 (+14.9% versus the issue price).
Frequently asked questions
- What were the IBL Finance Limited IPO listing gains?
- IBL Finance Limited listed on 16 Jan 2024 at ₹56, closing its first day at ₹59 — a listing gain of +15.3% versus the ₹51 issue price.
- What was the price band and lot size of the IBL Finance Limited IPO?
- The price band was ₹51–₹51 per share, with a minimum lot of 2,000 shares (₹1,02,000 at the upper band).
- Who were the registrar and lead manager for the IBL Finance Limited IPO?
- Bigshare Services Private Limited was the registrar, and Fedex Securities was the book-running lead manager.