SBFC Finance Limited (SBFC) is a systemically important, non-deposit taking non-banking finance company (NBFC-ND-SI) that offers secured MSME Loans and Loans against Gold to entrepreneurs, small business owners, self-employed individuals, salaried and working class individuals.
Among MSME-focused NBFCs in India, it has had one of the highest AUM growth, at a CAGR of 44% from 2019 to 2023. They serve a large number of customers in tier II and tier III cities by focusing on customers who have a strong credit history but may lack formal proof of income documents. They do this via 152 branches in 120 Indian cities in 16 states and 2 UTs.
Objects of the issue
The Company proposes to utilize the Net Proceeds towards augmenting the Company’s capital base to meet their future capital requirements arising out of the growth of the business and assets.
Financial Snapshot (Rs in Cr)
| Period Ended | Total revenue | PAT | Total Assets |
|---|---|---|---|
| March 31, 2023 | 740.36 | 149.74 | 5746.44 |
| March 31, 2022 | 530.70 | 64.52 | 4513.03 |
| March 31, 2021 | 511.53 | 85.01 | 4231.19 |
| March 31, 2020 | 444.85 | 35.50 | 4207.99 |
For more information, you can check the IPO Prospectus filed by the company 
Important information regarding the IPO
| Issue Period | 3rd August -7th August 2023 |
|---|---|
| Price Band | ₹ 54-57 |
| Minimum Bid Quantity | 260 and multiples thereof |
| Face Value | ₹ 10 |
| Number of Shares | Not specified yet |
| Issue size | ₹1,025 Cr |
| Date of Allotment | 10th August, 2023 |
| Initiation of Refund | 11th August, 2023 |
| Credit of shares | 14th August, 2023 |
| Date of Listing | 16th August, 2023 |
| Mandate end date | 22nd August, 2023 |
| Anchor Investors Lock-in End Date | 7th September, 2023 |
How do I apply for SBFC Finance Limited IPO?
You can apply for it using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
Where do I check the allotment status for SBFC Finance Limited IPO?
You can check the allotment status on the website of the Registrar and Transfer agent .
Alternatively, you can also check the allotment status on the NSE website .