SBFC Finance Limited IPO (SBFC Finance IPO) Detail

 

Incorporated in 2008, SBFC Finance Limited is a systemically important, non-deposit-taking Non-Banking Finance Company (NBFC-ND-SI). The primary customer base of the company includes entrepreneurs, small business owners, self-employed individuals, and salaried and working-class individuals.

SBFC provides its services in the form of Secured MSME Loans and Loans against Gold.

SBFC Finance tends to extend its services to entrepreneurs and small business owners who are underserved or unserved by traditional financial institutions like banks. There are various factors taken into consideration while offering financial assistance in the form of loans. SBFC Finance offers its services so that entrepreneurs can fulfill their financial requirements and thrive.

The entity has a diversified pan-India presence through its extensive network. As of December 31, 2022, SBFC Finance had established its footprints in over 105 cities in 16 Indian states and two union territories. They currently have 137 branches.

SBFC Finance IPO Details

SBFC Finance IPO is a Book Built Issue. The IPO total issue size is Rs 1,025.00 Cr. The SBFC Finance IPO price is ₹54 to ₹57 per share. The IPO will list on BSE, NSE.

IPO Date	Aug 3, 2023 to Aug 7, 2023
Listing Date	Aug 16, 2023
Face Value	₹10 per share
Price	₹54 to ₹57 per share
Lot Size	260 Shares
Total Issue Size	[.] shares (aggregating up to ₹1,025.00 Cr)
Fresh Issue	[.] shares (aggregating up to ₹600.00 Cr)
Offer for Sale	[.] shares of ₹10 (aggregating up to ₹425.00 Cr)
Employee Discount	Rs 2 per share
Issue Type	Book Built Issue IPO
Listing At	BSE, NSE
Share holding pre issue	958,908,906

SBFC Finance IPO Reservation

SBFC Finance IPO a total of 179,889,948 shares are offered. QIB: 35,605,261 (19.79%), RII: 62,309,210 (34.64%), NII: 26,703,948 (14.84%).

Anchor Investor Shares Offered	53,407,893 (29.69%)
QIB Shares Offered	35,605,261 (19.79%)
NII (HNI) Shares Offered	26,703,948 (14.84%)
Retail Shares Offered	62,309,210 (34.64%)
Employee Shares Offered	1,863,636 (1.04%)
Total Shares Offered	179,889,948 (100%)

SBFC Finance IPO Anchor Investors Details

SBFC Finance IPO raises Rs 304.42 crore from anchor investors. SBFC Finance IPO Anchor bid date is Aug 2, 2023.

Bid Date	Aug 2, 2023
Shares Offered	53,407,893
Anchor Portion Size (In Cr.)	304.42
Anchor lock-in period end date for 50% shares (30 Days)	Sep 25, 2023
Anchor lock-in period end date for remaining shares (90 Days)	Dec 22, 2023

SBFC Finance IPO Timetable (Tentative)

SBFC Finance IPO opens on Aug 3, 2023, and closes on Aug 7, 2023.

IPO Open Date	Thursday, 3 August 2023
IPO Close Date	Monday, 7 August 2023
Basis of Allotment	Thursday, 10 August 2023
Initiation of Refunds	Friday, 11 August 2023
Credit of Shares to Demat	Monday, 14 August 2023
Listing Date	Wednesday, 16 August 2023
Cut-off time for UPI mandate confirmation	5 PM on Aug 7, 2023

SBFC Finance IPO Lot Size

The minimum lot size of this SBFC Finance IPO is 260 shares required is ₹14,820.

Application	Lots	Shares	Amount
Retail (Min)	1	260	₹14,820
Retail (Max)	13	3380	₹192,660
S-HNI (Min)	14	3,640	₹207,480
S-HNI (Max)	67	17,420	₹992,940
B-HNI (Min)	68	17,680	₹1,007,760

SBFC Finance IPO Promoter Holding

SBFC Holdings Pte. Ltd., Clermont Financial Pte. Ltd., Arpwood Partners Investment Advisors LLP, Arpwood Capital Private Limited and Eight45 Services LLP are the company promoters.

Pre Issue Share Holding	78.83%
Post Issue Share Holding	64.03%

Company Financials

Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	4,207.99	4,231.19	4,515.03	5,746.44
Revenue	444.85	511.53	530.70	740.36
Profit After Tax	35.50	85.01	64.52	149.74
Net Worth	752.09	944.72	1,026.78	1,466.88
Reserves and Surplus
Total Borrowing	3,056.38	2,772.55	2,948.82	3,745.83

Key Performance Indicator

SBFC Finance IPO Market Cap is Rs 6065.78 Cr and P/E (x) is 40.42.

KPI	Values
P/E (x)	40.42
Market Cap (₹ Cr.)	6065.78
ROE	9.93%
Debt/Equity	2.2
EPS (Rs)	1.25
RoNW	7.97%