
Financial 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
+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: 19 Oct 2026
Current Premium
Issue Price (Upper)
₹57
Band: ₹54 – ₹57
Estimated Listing Price
₹87
Upper price + GMP
Lot Size
260 shares
Min investment ₹14,820
Estimated Profit / Lot
₹7,800
260 × ₹30
Grey Market Premium trend
+₹30
▲ 0 today
Updated 1 minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 31 Oct 2026 | +₹30 | 52.6% | ₹87 |
| 30 Oct 2026 | +₹30 | 52.6% | ₹87 |
| 29 Oct 2026 | +₹27 | 47.4% | ₹84 |
GMP is unofficial market data. Not a guarantee of listing performance.
SBFC Finance Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹1,025 Crores. The shares are offered at a price band of ₹54 to ₹57 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 260 shares (approx. ₹14,820 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2023-08-13, while un-allotted funds or UPI block mandates will be released on 2023-08-12.
The latest grey market premium for SBFC Finance Limited IPO is ₹30, which indicates an expected listing price of ₹87.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.