The details about the SBFC Finance Ltd IPO is as:
- The issue size of the IPO is 1025 Cr.
- The price band for SBFC Finance IPO is Rs 54 to Rs 57.
- The shares of SBFC Finance IPO will list on 16th August 2023.
- The latest tentative GMP of SBFC Finance IPO is Rs 40.
- The shares of SBFC Finance IPO is subscribed 74.06 Times as of 7th August 2023.
SBFC Finance Ltd IPO Valuation
The approx valuation of SBFC Finance Ltd IPO based on its price band and RHP/DRHP (prospectus) is:
| Particulars |
Value |
| Upper Price Band |
Rs 57 |
| Existing Shares (Qty) |
89.7 Cr |
| Fresh Issue |
600 Cr |
| EPS (FY22) |
Rs 0.81 |
| PE Ratio |
70.37 |
| Industry PE |
36.8x |
SBFC Finance Ltd IPO Issue Size
SBFC Finance Ltd IPO issue size is 1025 Cr.
| Issue |
Amount |
| Fresh Issue |
600 Cr |
| Offer For Sale |
425 Cr |
SBFC Finance IPO Market Lot
An Individual can apply for a minimum 1 lot of 260 shares and a maximum of 13 lots of 3380 shares. Find the details below:
| Application |
Lot |
Shares |
Amount |
| Minimum |
1 |
260 |
Rs 14,820 |
| Maximum |
13 |
3380 |
Rs 1,92,660 |
SBFC Finance Ltd IPO share offer
The shares of SBFC Finance IPO is subscribed 74.06 Times as of 7th August 2023. The category-wise shares subscription are as follows:
| Category |
% Offered |
Subscription |
| Qualified Institutional |
Maximum 50% |
203.61 Times |
| Non-Institutional |
Minimum 15% |
51.82 Times |
| Retail Individual |
Minimum 35% |
11.60 Times |
| Employee |
18,63,636 Shares |
6.21 Times |
| Total |
|
74.06 Times |
Find below the dates for SBFC Finance Ltd IPO:
| Schedule |
Date |
| Basis of Allotment |
10 August 2023 |
| Refunds |
11 August 2023 |
| Credit to Demat Account |
14 August 2023 |
| IPO Listing Date |
16 August 2023 |
Check allotment status