SBFC Finance Limited IPO

Incorporated in 2008, SBFC Finance Limited is a systemically important, non-deposit-taking Non-Banking Finance Company (NBFC-ND-SI). The primary customer base of the company includes entrepreneurs, small business owners, self-employed individuals, and salaried and working-class individuals.

SBFC provides its services in the form of Secured MSME Loans and Loans against Gold.

SBFC Finance tends to extend its services to entrepreneurs and small business owners who are underserved or unserved by traditional financial institutions like banks. There are various factors taken into consideration while offering financial assistance in the form of loans. SBFC Finance offers its services so that entrepreneurs can fulfill their financial requirements and thrive.

The entity has a diversified pan-India presence through its extensive network. As of December 31, 2022, SBFC Finance had established its footprints in over 105 cities in 16 Indian states and two union territories. They currently have 137 branches.

Company Financials

SBFC Finance IPO Financial Information (Restated)
Period Ended31 Mar 202031 Mar 202131 Mar 202231 Dec 202231 Mar 2023
Assets4,207.994,231.194,515.035,334.825,746.44
Revenue444.85511.53530.70531.69740.36
Profit After Tax35.5085.0164.52107.03149.74
Net Worth752.09944.721,026.781,421.631,466.88
Reserves and Surplus     
Total Borrowing3,056.382,772.552,948.823,409.483,745.83
Amount in ₹ Crore

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.

SBFC Finance IPO Timetable (Tentative)

SBFC Finance IPO opens on Aug 3, 2023, and closes on Aug 7, 2023.

IPO Open DateThursday, 3 August 2023
IPO Close DateMonday, 7 August 2023
Basis of AllotmentThursday, 10 August 2023
Initiation of RefundsFriday, 11 August 2023
Credit of Shares to DematMonday, 14 August 2023
Listing DateWednesday, 16 August 2023
Cut-off time for UPI mandate confirmation5 PM on Aug 7, 2023

SHARIAH SCREENING for - SBFC Finance Limited IPO

BUSINESS SCREEN

FINANCIAL RATIOS

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