Exchanges
BSE, NSE
Industry
Non Banking Financial Company (NBFC)
Issue
Book building

SBFC Finance IPO

₹92.20

+61.75% on listing

Listing-day close · NSE · 16 Aug 2023 · issue price ₹57

SBFC Finance’s ₹1,025 crore IPO was priced at ₹57 a share. It listed on the NSE on 16 Aug 2023 and closed its first day at ₹92.20, up 61.75% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹1,025 Cr
Fresh issue
₹600 Cr
Offer for sale
₹425 Cr
Lot size
260 shares
Minimum investment
₹14,820
Face value
₹10
Registrar
Kfin Technologies

Subscription

SBFC Finance IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—52.23×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹6,066 Cr
P/E (post-issue)
40.4
EPS (post-issue)
₹1.41
Price to book
3.0
ROE
9.93%
Debt to equity
2.20
Promoter holding
78.83% → 64.03%

Financials as of 31 Mar 2023, from the offer documents.

Listing

Listing date
16 Aug 2023
Issue price
₹57
Open
₹82.00
High
₹95.45
Low
₹82.00
Close
₹92.20

Listing day on the NSE. The close was +61.75% on the issue price.

SBFC share price today

FAQs

When did the SBFC Finance IPO open and close?

It opened on 3 Aug 2023 and closed on 7 Aug 2023.

What was the SBFC Finance IPO price?

The price band was ₹54–57 a share. The final issue price was ₹57.

What is the lot size and minimum investment?

One lot is 260 shares, ₹14,820 at ₹57 a share. Retail investors apply in whole lots.

How much did SBFC Finance raise?

₹1,025 crore: ₹600 crore of new shares and ₹425 crore offered by existing shareholders.

How many times was the SBFC Finance IPO subscribed?

52.23 times overall.

How did SBFC Finance list?

It listed on the NSE on 16 Aug 2023 at ₹82.00 and closed the day at ₹92.20, up 61.75% on the ₹57 issue price.

Who is the registrar of the SBFC Finance IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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