SBFC Finance shares list at healthy premium. What should investors do?SBFC Finance stands out as a rapidly expanding non-banking financial company (NBFC) with robust earnings growth and stable asset quality, s...
SBFC Finance shares list at robust premium of 44% over IPO priceLed by the robust institutional response, the initial public offer (IPO) of SBFC Finance was subscribed by a massive 70.16 times at close. ...
SBFC Finance share allotment expected today. Here's how you can check statusThe share allotment of SBFC Finance will likely be finalised on August 10. Investors will get shares on a lottery basis and the whole proce...
SBFC Finance IPO subscribed nearly 70 times on Day 3. Check GMP and other detailsThe QIB portion of the IPO was subscribed by an overwhelming 192 times, followed by non-institutional investors at 49 times and retail inve...
SBFC Finance vs Concord Biotech: Which IPO should you pick?The issue of SBFC Finance comprises fresh equity issue of Rs 600 crore and an offer for sale (OFS) of Rs 425 crore, while Concord Biotech i...
SBFC Finance IPO subscribed 7.09 times on Day 2. Check GMP and other detailsThe retail portion of the IPO was subscribed 4.93 times and the NII category was subscribed 12.95 times. The part reserved for qualified in...
SBFC Finance IPO sails through on Day 1 on strong NII, retail demandSBFC Finance is a non-deposit-taking, non-banking financial company offering loans, including secured MSME loans and loans against gold.
SBFC Finance IPO opens for subscription. Should you bid?"Considering the subdued ROE profile of the company as well as high post-issue adequacy of 50%, return ratios are expected to remain under ...
SBFC Finance IPO to open on Thursday. What GMP signals ahead of subscription?SBFC Finance's initial public offering (IPO) will be open for public subscription from August 3-7. The company's shares are commanding a pr...
SBFC offers a strong secured MSME lending franchiseSBFC is a non-deposit taking NBFC that offers secured micro, small, and medium enterprises (MSME) and gold loans. Its 87% of the assets und...
SBFC Finance plans to raise Rs 1,025 croreThe price band to bid in the IPO is set between ₹54 to ₹57 per share, which at the upper band will value the company at nearly ₹6,400 crore...
SBFC Finance IPO to open on August 3. Here are 10 things to know about the offerThe initial public offering (IPO) of SBFC Finance will open for subscription on August 3. The issue closes on August 7. The company's share...
SBFC Finance IPO to kick in from Aug 3; fixes price band at Rs 54-57/ shareThe company will utilise the net proceeds from the issue towards augmenting the company's capital base to meet its future capital requireme...
Non-banking lender SBFC Finance's Rs 1,025 crore IPO to open on August 3. Check detailsSBFC Finance refiled its IPO papers with markets regulator Sebi in March this year, reducing the size of the issue to Rs 1,200 crore from R...
Non-banking lender SBFC cuts IPO size, refiles papers with SebiAbout 50% of the offer will be available for Qualified Institutional Buyers (QIBs), 15% for Non-Institutional Bidders, and not less than 35...
SBFC Finance files Rs 1,600-cr IPO papers with SebiThe OFS will see the sale of shares to the tune of Rs 398.19 crore by Arpwood Partners Investment Advisors LLP, Rs 275 crore by SBFC Holdin...
Non-bank lender SBFC to file for Rs 1,600-cr IPO"The IPO will be filed most likely next week and the issue will open later this fiscal after completing all regulatory formalities," said a...