ListedMainboardSBFC
SBFC Finance Limited
SBFC Finance Limited is a mainboard IPO raising ₹1,025 Cr at ₹54 – ₹57 a share. It listed on 16 Aug 2023 and trades at ₹91 today, +59.1% against its issue price of ₹57. It was subscribed 70× in total.
₹57
Issue price
₹91
Price now
+59.1%
Since issue price
16 Aug 2023
Listed on
70×Subscribed (final) · all exchanges
70.2 times more demand than shares on offer
populated partly populated we hold nothing here — the tab says why
Terms of the issue
The mechanics of what is being sold. Held for every issue we track.
Price band₹54 – ₹57
Cut-off price₹57
Issue size₹1,025 Cr
Shares per lot260
Minimum application₹14,820
Minimum quantity260
Face value₹10
Listing exchanges—
ISININE423Y01016
Bidding hours10:00 – 17:00 IST
Bidding window3 Aug 2023 – 7 Aug 2023
Not here yet
Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.