SBFC Finance Limited IPO
SBFC Finance Limited was a mainboard IPO in the Non Banking Financial Company (NBFC) sector, offered at ₹54–₹57 per share to raise ₹1,025 crore. The issue was subscribed 70.16× overall (QIBs 192.89×, NIIs 49.09×, retail 10.99×). It listed on 16 Aug 2023 at ₹82 and closed its first day at ₹92, a listing gain of +61.8% versus the ₹57 issue price. It now trades around ₹84 (+48.0% versus the issue price).
Frequently asked questions
- How many times was the SBFC Finance Limited IPO subscribed?
- The SBFC Finance Limited IPO was subscribed 70.16× overall — 192.89× in the QIB category, 49.09× among non-institutional investors, 10.99× in retail.
- What were the SBFC Finance Limited IPO listing gains?
- SBFC Finance Limited listed on 16 Aug 2023 at ₹82, closing its first day at ₹92 — a listing gain of +61.8% versus the ₹57 issue price.
- What were the retail allotment odds for the SBFC Finance Limited IPO?
- Retail was subscribed 10.99×, so a single-lot application had roughly a 9.1% chance of allotment (about 1 in 11), and allotment was finalised on 10 Aug 2023.
- What was the price band and lot size of the SBFC Finance Limited IPO?
- The price band was ₹54–₹57 per share, with a minimum lot of 260 shares (₹14,820 at the upper band).
- Who were the registrar and lead manager for the SBFC Finance Limited IPO?
- KFin Technologies Limited was the registrar, and ICICI Securities was the book-running lead manager.