About SBFC Finance Limited
SBFC Finance Limited (SBFC) is a systemically important, non-deposit taking non-banking finance company (NBFC-ND-SI) that offers secured MSME Loans and Loans against Gold to entrepreneurs, small business owners, self-employed individuals, salaried and working-class individuals.
Among MSME-focused NBFCs in India, it has had one of the highest AUM growth, at a CAGR of 44% from 2019 to 2023. They serve a large number of customers in tier II and tier III cities by focusing on customers who have a strong credit history but may lack formal proof of income documents. They do this via 152 branches in 120 Indian cities across 16 states and 2 UTs.
Objects of the issue
The Company proposes to utilize the Net Proceeds towards augmenting the Company’s capital base to meet their future capital requirements arising out of the growth of the business and assets.
Financial Snapshot (₹ crores)
| Period Ended | Total revenue | PAT | Total Assets |
| March 31, 2023 | 740.36 | 149.74 | 5746.44 |
| March 31, 2022 | 530.70 | 64.52 | 4513.03 |
| March 31, 2021 | 511.53 | 85.01 | 4231.19 |
| March 31, 2020 | 444.85 | 35.50 | 4207.99 |
IPO Schedule
| Issue Period | 3rd August to 7th August 2023 |
| Deadline for accepting UPI mandate | Until 5 PM on the issue closing day |
| Finalization of Allotment | 10th August 2023 |
| Initiation of Refunds | 11th August 2023 |
| Credit of Shares | 14th August 2023 |
| Date of Listing | 16th August 2023 |
| Mandate end date | 22nd August 2023 |
| Anchor Investors Lock-In End Date | 6th September 2023 |
How to apply to the SBFC Finance Limited IPO?
You can apply for the SBFC Finance Limited IPO using any supported UPI app by following two steps:
- Enter your bid on Kite
- Accept the UPI mandate on your phone
On acceptance of the mandate, the bid amount will get blocked in your bank account. Click here to learn more.
How to check the allotment status for SBFC Finance Limited IPO?
You can check the allotment status for the SBFC Finance Limited IPO on the website of the Registrar and Transfer agent. Alternatively, you can also check the allotment status on the NSE website.