Date of the SBFC Finance IPO Allotment: Massive Booking! View Details Here Regarding Subscription Status, GMP, Listing Date, and Allotment Status

The SBFC Finance IPO’s initial public offering (IPO), which began accepting subscriptions on Thursday, August 3, was completed on Tuesday, August 8. Investors who took part in the offer are eagerly anticipating the allotment date once the offer’s bidding has concluded. SBFC Finance’s first public offering generated Rs 1,025 crore. The price range for the offer was set by the firm at Rs. 54-57 per share.

According to the IPO timeline, the allocation of IPO shares will be finalized by the end of August 10. Due to the large number of subscriptions, the allocation will be made proportionally, and qualified investors will be entitled to at least one lot (260 shares).

On the websites of the BSE/NSE or the IPO registrar, participants may monitor the status of their share allocation.

By August 14, investors who were successful would get equity shares into their demat accounts, while those who were unsuccessful will receive reimbursements in their bank accounts by August 11.

Following the Fourth of July holiday, on August 16, SBFC Finance will make its market debut.

Between August 3 and August 7, the SBFC Finance IPO received a solid 70.16 times subscription from all different sorts of investors. In contrast to the offer size of 13.35 crore shares valued at Rs 53,395 crore, they have bought 936.76 crore equity shares.

Qualified institutional buyers (QIBs) bid 192.9 times the authorized quota on the issuance, while high net worth individuals purchased 49.09 times their share of the allotted amount. Retail investors and workers’ reserved portions were filled 10.99 times and 5.87 times, respectively.

How can I find out the status of my SBFC Finance IPO allocation?

On the website of the IPO registrar, Kfin Technologies Ltd., participants in the SBFC Finance IPO may monitor the status of their allocation to the SBFC Finance IPO. Additionally, BSE and NSE also allow users to verify the progress of SBFC Finance’s IPO allotments.

examining the BSE IPO allotment status for SBFC financing

Visit the allocation page on the BSE website in step one.

Step 2: Click “Equity” under “Issue Type.”

Step 3: From the drop-down menu next to “Issue Name,” choose the IPO.

Enter your PAN or application number in Step 4.

Step 5: After clicking “I am not a Robot” to verify your identity, click “Submit.”

looking up the NSE IPO allocation status for SBFC finance

Step 1: Visit the NSE’s main website.

Step 2: Register with PAN on the NSE website by clicking the “Click here to sign up” link.

 

Step 3: Enter the captcha code, user name, and password.

 

Step 4: Visit the newly opened website to check the status of your IPO allocation.

IPO GMP Financed by SBFC Today:

As of the most recent update, SBFC Finance shares are selling at a premium of Rs 40 on the black market, according to websites that follow it.