SBFC Finance Limited IPO: Check IPO Date, Price, Details | Espresso


SBFC Finance Limited IPO opens on August 03. Check IPO Details Issue Date Price

August 02, 2023
SBFC Finance Limited IPO opens on August 03. Check IPO Details Issue Date Price

SBFC Finance Limited is coming out with a fresh public issue to raise Rs. 1025 crores from the market.

Below are the details of the SBFC Finance Limited IPO:

  • Issue opens – August 03 (Thursday)
  • Issue closes – August 07 (Monday)
  • Issue size – Rs. 1025 crores
  • Price band – Rs. 54 to 57 per equity share
  • Bid lot – 260 shares and in multiples thereof.

Heard about Pre-Apply IPO?

With Espresso’s Pre-Apply IPO feature, you can apply for IPOs before the start date or even after the market hours! Check out these easy-to-follow tutorials:

Quick Video Guides
How to Pre-Apply IPO on the appHow to Pre-Apply IPO on the website

Quick Visual Walkthroughs
How to Pre-Apply IPO on the appHow to Pre-Apply IPO on the website

And here are some details of the company and further details on the SBFC Finance Limited IPO.

  • SBFC Finance Limited (“SBFC”) was incorporated on January 25, 2008. SBFC Holdings Pte. Ltd., Clermont Financial Pte. Ltd. (together, “Clermont Group”), Arpwood Capital Pvt Ltd, Arpwood Partners Investment Advisors LLP and Eight45 Services LLP (together, “Arpwood Group”) are the corporate promoters of the company.  
  • SBFC is a systematically important, non-deposit taking non-banking finance company (“NBFC-ND-SI”) offering Secured MSME Loans and Loans against Gold, with a majority of their borrowers being entrepreneurs, small business owners, self-employed individuals, salaried and working-class individuals. 
  • Among MSME-focused NBFCs in India, SBFC has one of the highest assets under management (“AUM”) growth, at a CAGR of 44% in the period from Fiscal 2019 to Fiscal 2023 and also witnessed robust disbursement growth, at a CAGR of 40% between Fiscal 2019 and Fiscal 2023. 
  • SBFC has a diversified pan-India presence, with an extensive network in their target customer segment. As of March 31, 2023, they have an expansive footprint in 120 cities, spanning 16 Indian states and 2 union territories, with 152 branches. 
  • Their AUM is diversified across India, with 30.84% in the North, 38.53% in the South and 30.63% in the West and East collectively, as of March 31, 2023.
  • As of March 31, 2023, approximately 89.49% of their Secured MSME Loan collections and 90.92% of the unsecured loan collections were non-cash-based EMI collections, thus reducing their cash management risk, and enabling customers to receive real-time payment receipts through SMS. 
  • Their mobile application also enables customers to manage existing loans, in addition to servicing loans online. They have introduced ‘Leviosa’, a loan origination platform capable of on boarding and disbursing loans. For their Loan against Gold portfolio, they have set up a dedicated ‘Gold Genie’ sales application, enabling gold loan disbursal at a customer’s home.
  • Their collection services are aided by a mobile application ‘Delta’ and a web application ‘Omega’, which are collections applications providing a priority list of overdue customers to the collection team in real-time.

Company details:

Issue Size: Rs. 1025 crores

Employee Reservation: Equity Shares aggregating up to Rs. 10.25 crores

Employee Discount: Rs. 2 per share

Net Issue break-up:

  • QIB – 50% of the offer – Rs. 343.28 crores
  • NIB – 15% of the offer – Rs. 152.21 crores
  • RET – 35% of the offer – Rs. 355.16 crores

Listing: BSE and NSE

Registrar: KFin Technologies Limited

UPI: All Retail & NII bidders' (bids up to Rs. 5,00,000) applications through brokers are compulsorily in UPI Mode.


  • Application made using third party UPI or ASBA Bank A/c are liable to be rejected. 
  • The UPI Mandate acceptance time for Retail and NII Bidders (bids up to Rs. 5,00,000) shall expire at 5:00 PM on the closing day of the IPO i.e. Monday, August 07, 2023     

Not an Espresso customer, but still want to apply for the SBFC Finance Limited IPO? Become an Espresso customer in just 15 mins* by tapping here and take it from there! (* T&C apply)

Team Espresso
by Team Espresso

We care that you succeed

Bringing readers the latest happenings from the world of Trading and Investments specifically and Finance in general.