SBFC Finance Limited
ListedMainboardFinancial Services · NSE / BSE
Incorporated in 2008, SBFC Finance Limited is a systemically important non-deposit-taking NBFC (NBFC-ND-SI) catering primarily to entrepreneurs, small business owners, self-employed, and salaried individuals. The company offers financial products such as Secured MSME Loans and Loans against Gold, focusing on customers underserved by traditional banks. SBFC Finance supports entrepreneurs in meeting their financial needs and fostering growth. As of December 31, 2022, it operates through 137 branches across 105 cities in 16 states and 2 union territories in India.
Price Band
₹54 – ₹57
Issue Size
₹1025 Cr
Lot Size
260 shares
GMP
₹30
+52.6%
Est. Listing
₹87
at current GMP
Subscribed
80.01x
overall
Open
3 Aug 2023
Close
7 Aug 2023
Allotment
11 Aug 2023
Refund
12 Aug 2023
Demat Credit
13 Aug 2023
Listing
16 Aug 2023
Last updated 12 days ago
Key Highlights
- •Leading player in the Financial Services segment
- •Price band established at ₹54 - ₹57 per equity share
- •Minimum bid lot is 260 shares
- •Estimated listing target of ₹87 based on current grey market activity