SBFC Finance Limited

Company Profile
Company Name SBFC Finance Limited
Open Date 03-08-2023
Close Date 07-08-2023
Exchange NSE BSE
Lot Size 260 Shares
Issue Price ₹54 to ₹57 per share
Issue Size 17,98,24,561 equity shares
Application Amount Min. Inv. - ₹ 15,000 (600 shares) Max. Inv. - ₹ 1,95,000 (7800 shares)
Recommendation Apply

Company was incorporated in the year 2008 and has its registered office in Mumbai.  Company is a systemically important, non-deposit taking non-banking finance company offering Secured MSME Loans and Loans against Gold, with most of the borrowers being entrepreneurs, small business owners, self-employed individuals, salaried and working-class individuals.

The company has a diversified pan-India presence, with an extensive network in the target customer segment.  As on March 31, 2023, Company had 2,822 employees as on payroll.

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Summary of Financials (All financials in Lakh)

For the Period Ended Mar-21 Mar-22 Mar-23
Total Assets 4,23,119 4,51,503 5,74,644
Net Assets 94,472 1,02,678 1,46,688
Total Borrowings 2,77,255 2,94,882 3,74,583
Total Revenue 51,153 53,070 74,036
Profit After Tax 8,501 6,452 14,973

Tentative Timeline

Opening Date 03/08/2023
Closing Date 07-08-2023
Basis of Allotment 10-08-2023
Initiation of Refunds 11-08-2023
Credit of Shares to Demat 14-08-2023
Listing Date 16-08-2023

Objects of the Issue

Proceeds towards augmenting the company’s capital base to meet the future capital requirements.

Contact Information

Registered Office SBFC Finance Limited 103, 1st Floor, C&B Square, Sangam Complex, Andheri Kurla Road, Village Chakala, Andheri (East), Mumbai - 400 059
Phone 022 6787 5344
Email complianceofficer@sbfc.com
Website http://www.sbfc.com/

Registrar Details

Name Kfin Technologies Limited
Phone 04067162222, 04079611000
Email Sbfc.ipo@kfintech.com
Website https://kosmic.kfintech.com/ipostatus/

IPO Reservation

QIB Shares Offered Not more than 50% of the Net Issue
NII (HNI) Shares Offered Not less than 15% of the Net Issue
Retail Shares Offered Not less than 35% of the Net Issue

Shareholding Pattern

Pre Issue Share Holding (Promoters) 78.83%
Post Issue Share Holding (Promoters) 64.03%

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