What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

What is the current subscription status of SBFC Finance Limited IPO?

SBFC Finance Limited IPO has received a total subscription of 80.01 times overall.

IPO GreyPremiumLIVE

Grey Market Intelligence

SBFC Finance Limited

ListedMainboard

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

₹30

+52.6%

Est. Listing

₹87

at current GMP

Subscribed

80.01x

overall

Open

3 Aug 2023

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

Overview Live GMP Subscription Status Allotment Status Filing Documents

Overall Subscription

80.01x

Total Demand

QIB Multiplier

203.61x

Institutions & Funds

NII / HNI

51.82x

High Net-Worth

Retail (RII)

11.60x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 80.01x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
QIB	35,605,261	7,249,636,160	203.61x
NIB	26,703,947	1,383,760,300	51.82x
HNIs(10L +)	17,802,631	1,009,267,740	56.69x
HNIs (2-10L)	8,901,316	374,492,560	42.07x
RETAIL	62,309,210	722,648,160	11.60x
EMPLOYEES	1,867,408	11,571,300	6.20x
Total	153,189,773	10,751,376,220	80.01x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 13.04x

Category	Applications Reserved	Applications Received	Times Subscribed
Retail (RII)	242,072	2,808,035	11.60x
HNIs (10L +)	1,548	80,217	51.82x
HNIs (2-10L)	7,410	383,986	51.82x
Total Applications	251,030	3,272,238	13.04x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

About SBFC Finance Limited Public Issue & Market Profile

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.

Bidding & Quota Instructions:

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 Schedule:

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.

Frequently Asked Questions

What is SBFC Finance Limited IPO GMP today?

The latest Grey Market Premium (GMP) for SBFC Finance Limited IPO is ₹30 per equity share. Based on the upper price band of ₹54 to ₹57 per equity share, the estimated listing price is ₹87 (+52.6% expected listing gain).

What is the expected profit per lot for SBFC Finance Limited IPO?

With a lot size of 260 shares and current GMP of ₹30, the expected profit per application lot is approx ₹7,800 (+52.6% gain). Minimum application cost is approx ₹14,820.

What is the issue size and price band for SBFC Finance Limited IPO?

The SBFC Finance Limited IPO aggregate issue size is ₹1,025 Crores with an equity price band set at ₹54 to ₹57 per equity share. The retail lot size is 260 shares requiring a minimum capital outlay of approx. ₹14,820.

How can I check SBFC Finance Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 80.01x (Retail: 11.60x, QIB: 203.61x, NII: 51.82x). You can track live multiples directly on our dedicated subscription page.

Where and when will SBFC Finance Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2023-08-11. Investors can verify status using PAN card or application number.

When is the listing date for SBFC Finance Limited IPO?

SBFC Finance Limited shares are scheduled to list on NSE and BSE on 2023-08-16.