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SBFC Finance Limited IPO

Mainboard IPOListedSBFCNSE
Current Market Price (CMP)
₹79.82(+40.04%)
Current Price (CMP)
₹79.82(+40.04%)

Live Market Quote

Listing Price & Gain
₹82(+43.86%)

Day 1 Exchange Open

IPO Issue Price
₹57

Band: ₹54 - ₹57

Total Subscription
70.16x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
03 Aug 2023
IPO Bidding Closes
07 Aug 2023
Allotment & Refunds
Completed
Exchange Listing Day
16 Aug 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 70.16x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)192.89x
Non-Institutional Investors (NII / HNI)49.09x
Retail Individual Investors (RII)10.99x
Employees Reservation5.87x
Total Subscription70.16x
Updated as on 07-Aug-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain+43.86%
₹57 (Issue) → ₹82 (List)
Per share profit: +₹25.00
Holding Return (Till Date)+40.04%
₹57 (Issue) → ₹79.82 (CMP)
Net gain per share: +₹22.82
Post-Listing Performance (Listing Day → Today):-2.66%

About SBFC Finance Limited IPO

SBFC Finance Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 03 Aug 2023 and concluded on 07 Aug 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹54 - ₹57.

During the bidding window, SBFC Finance Limited witnessed heavy demand with an overall subscription of 70.16 times. Institutional investors (QIB) subscribed 192.89x, non-institutional high-net-worth investors (NII) subscribed 49.09x, and retail individual investors (RII) bid 10.99x their reserved quota, alongside employee participation of 5.87x.

The equity shares of SBFC Finance Limited officially debuted on the stock exchanges on 16 Aug 2023 at an opening listing price of ₹82, delivering a listing day return of +43.86% (premium) over the final issue price. As per the latest market data, the stock trades at ₹79.82, representing an overall gain of +40.04% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of SBFC Finance Limited IPO?
The issue price of SBFC Finance Limited IPO was fixed at ₹57 per equity share. The indicative bidding price band was ₹54 - ₹57.
What were the open, close, and listing dates for SBFC Finance Limited IPO?
SBFC Finance Limited IPO opened on 03 Aug 2023, closed on 07 Aug 2023, listed on 16 Aug 2023.
How much was SBFC Finance Limited IPO subscribed?
The IPO received an overall subscription of 70.16 times. Category-wise, QIBs subscribed 192.89x, NIIs subscribed 49.09x, and Retail investors subscribed 10.99x.
What was the listing price and listing gain of SBFC Finance Limited IPO?
SBFC Finance Limited IPO listed on the stock exchange at ₹82, delivering a listing gain of 43.86% compared to the IPO issue price of ₹57.
Is SBFC Finance Limited IPO a Mainboard or SME IPO?
SBFC Finance Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of SBFC Finance Limited IPO since its IPO?
At the latest market quote of ₹79.82, SBFC Finance Limited IPO has generated an all-time return of +40.04% since its initial public offering.

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