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August 3, 2023 - August 7, 2023

SBFC Finance IPO FAQ

SBFC Finance IPO Date & Price

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

SBFC Finance IPO timetable / schedule is as below:
  • Bid/Offer Opens On: August 3, 2023
  • Bid/Offer Closes On: August 7, 2023
  • Finalization of Basis of Allotment: August 10, 2023
  • Initiation of refunds: August 11, 2023
  • Credit of Equity Shares: August 14, 2023
  • Listing Date: August 16, 2023

SBFC Finance IPO price is set at ₹57 per equity share.

SBFC Finance IPO will close for subscription at 5 PM on August 7, 2023. But most brokers stop accepting application between 1 PM to 3 PM.

The SBFC Finance IPO starts on August 3, 2023. The issue ends on August 7, 2023.

SBFC Finance IPO Issue Size and Subscription Status

The SBFC Finance IPO size is Equity Shares of ₹10 aggregating up to ₹1,025.00 Cr.

SBFC Finance Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for SBFC Finance IPO shares through the banks (using ASBA) or through the broker (using UPI).

SBFC Finance IPO Offer Size

Qualified Institutional Buyers (QIB)35,605,261 Shares
Non-Institutional Investors (NII)26,703,948 Shares
Retail Individual Investor (RII)62,309,210 Shares
Employee Reservations1,863,636 Shares
Other Reservations0 Shares
Total Issue Size126,482,055 Shares

SBFC Finance IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)203.61 times times
Non-Institutional Investors (NII)51.82 times times
Retail Individual Investor (RII)11.60 times times
Employee Reservations6.21 times times
Other Reservations times
Total Issue Size74.06 times times

Click here to check the SBFC Finance IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in SBFC Finance IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check SBFC Finance IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

SBFC Finance IPO Allotment and Listing

The SBFC Finance IPO allot status will be available online on August 10, 2023. Check the SBFC Finance IPO Allotment Status here.

Click here to check SBFC Finance IPO Allotment Status.

SBFC Finance IPO listing Date is August 16, 2023. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The SBFC Finance IPO listing date and time is published by the exchange in a circular.

Click here to view the SBFC Finance IPO Basis of Allotment.

It is hard to say at what price SBFC Finance IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The SBFC Finance IPO shares will list on August 16, 2023 at BSE, NSE.

SBFC Finance IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about SBFC Finance IPO which could help you with questions like SBFC Finance IPO buy or not? You should also read SBFC Finance IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

SBFC Finance IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the SBFC Finance IPO performance. The performance reports are available 1 day after listing.