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- India
- Saturday , April 27, 2024
- Last Published Sep 12, 2023, 6:48:32 PM
SBFC Finance IPO Listed On BSE Today - Check Key Details Here
As an SBFC Finance IPO investor, you are extremely eager to know expected listing prices and gray market premium after receiving your shares on 14 August 2023. Get every detail about the SBFC Finance IPO here.
During the period of its subscription, SBFC Finance IPO got huge attention and demand from investors. It had subscriptions 74.06 times in total during 3 and 7 August. As the IPO has been listed today (16 August 2023) on the BSE or Bombay Stock Exchange, you need to focus on what will happen now. Before moving to know what happened to SBFC Finance IPO, have an eye on certain facts and figures to brush up your knowledge about it till date:
SBFC Finance IPO Detail:
IPO Date | 3 to 7 August 2023 |
Listing Date | 16 August 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 | ₹ 2 per share |
Issue Type | Book Built Issue IPO |
Listing Held at | BSE and NSE |
Shareholding Pre Issue | 958,908,906 |
SBFC Finance IPO Reservation
The company offered around 179,889,948 shares. The details are as follows:
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 Lot Size
Application | Lots | Shares | Amount |
Retail (Min) | 1 | 260 | ₹14, 820 |
Retail (Max) | 13 | 3, 380 | ₹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 |
Company Finance Details:
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 |
Amount in ₹ crore
What Should You Know After SBFC Finance IPO Listing Today (on 16 August 2023)
According to the BSE website information, the SBFC Finance Limited equity shares will be permitted to deal on the exchange. Its equity shares will be in the B category of securities. After listing the equity shares of the SBFC Finance are active and people have started exchanging these shares. Many experts agree that the expected listing price could be ₹90, ₹95, or even ₹100.
What Should You Do - Buy, Sell, or Hold SBFC Finance IPO Equity Shares?
Just after listing on the BSE, the SBFC Finance IPO had an opening price of ₹81.99. Its allottees got approximately 44 per cent of the listing premium. On the NSE, it had ₹82 opening price. The equity shares of the SBFC Finance IPO are getting stronger and stronger today. Just after 3 hours of its opening at around ₹82, the price went to ₹93.26 on the Bombay Stock Exchange (BSE) and ₹93.70 on the National Stock Exchange (NSE). Many experts are saying that it will go beyond ₹105 till this evening. As per the trends after opening today, you should hold SBFC Finance IPO Equity Shares to get more profit.
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