When does the Sbfc Finance IPO open and close?

The Sbfc Finance IPO opened for bidding on 3 Aug 2023 and closed on 7 Aug 2023. Bids can be placed from 10:00 AM to 5:00 PM IST on each bidding day.

What is the price band of the Sbfc Finance IPO?

The price band of the Sbfc Finance IPO is ₹54 to ₹57 per share. The issue size is ₹761.02 crore.

What is the lot size of the Sbfc Finance IPO?

One lot of the Sbfc Finance IPO is 260 shares, and the minimum investment is ₹14,820 (one lot at the upper end of the price band). You bid in multiples of one lot.

When is the Sbfc Finance IPO allotment and listing date?

The Sbfc Finance IPO timeline is: basis of allotment on 8 Aug 2023, refunds from 9 Aug 2023, credit of shares to demat accounts on 9 Aug 2023, listing on 16 Aug 2023.

What was the listing price of the Sbfc Finance IPO?

Sbfc Finance shares listed at ₹82.00 on 16 Aug 2023, a gain of 43.86% over the issue price of ₹57.00.

Open a Free Demat Account !

₹0 AMC & Account Opening Fee

Sbfc Finance IPO

Sbfc Finance Limited

₹14,820/ 260 shares

Minimum investment

Analyse with FinAI

Sbfc Finance IPO Details

Bidding date

03 Aug - 07 Aug 2023

Price range

₹54 - ₹57

Minimum quantity

260

Minimum investment

₹14,820

Issue size

₹761 Cr.

Listing exchange

NSE/BSE

Sbfc Finance IPO Dates & Timeline

03 Aug, 2023

Opening date

07 Aug, 2023

Closing date

08 Aug, 2023

Basis of allotment

09 Aug, 2023

Initiation of refunds

09 Aug, 2023

Credit of shares

10 Aug, 2023

Listing date

Sbfc Finance IPO is an initial public offering of SBFC Finance Limited shares with a price band of ₹54 to ₹57 per share, which was open for bidding from 3 Aug 2023 to 7 Aug 2023. This page gives investors the IPO dates, price band, lot size, subscription status and allotment timeline.

How to Apply for Sbfc Finance IPO: Step-by-Step Guide

Research the IPO:Review the prospectus and company details.
Open accounts:Ensure you have a demat and trading account.
Check dates:Note the IPO opening and closing dates.
Apply online:Log in to your brokerage account and complete the IPO application form.
Make payment:Pay through your linked bank account.
Submit application:Confirm and submit your application.
Track status:Monitor the allotment status and check for shares in your demat account upon listing.