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SBFC Finance Ltd
SBFC Finance Ltd
Registered Office : 103 1stFr C&B SquareSangamComp,Andheri Kurla Road Vil-Chakala,Mumbai Maharashtra 400059 Phone : 91-22-67875344
Fax :
Email : complianceofficer@sbfc.com
Website : www.sbfc.com
Initial public offering of 179,863,285 equity shares^ of face value of Rs. 10 each ("Equity Shares") of SBFC Finance Limited ("Company" or the "Issuer") for cash at a price of Rs. 57 per equity share# (including a share premium of Rs. 47 per equity share) (the "Offer Price") aggregating to Rs. 1025.00 crores^# ("Offer") comprising a fresh issue of 105,301,883 equity shares^ aggregating to Rs. 600.00 crores^# (the "Fresh Issue") and an offer for sale of 74,561,402 equity shares^ by Arpwood Partners Investment advisors llp, Arpwood Capital Private Limited and Eight45 Services llp ("Promoter Selling Shareholders") (aggregating to Rs. 425.00 crores ("Offered Shares") ("offer for Sale", and together with the fresh issue, the "Offer"). The offer includes a reservation of 1,863,636 equity shares^, aggregating to Rs. 10.25 crores^# (the "Employee Reservation Prtion"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 16.90% and 16.73%, respectively, of the post-offer paid-up equity share capital of the company. The company, in consultation with the promoter selling shareholders and the book running lead managers, has undertaken a private placement of 27,272,727 equity shares for cash consideration aggregating to Rs. 150.00 crores (the "pre-ipo placement"). The size of the fresh issue has been reduced by Rs. 150.00 crores and accordingly, the size of the fresh issue is aggregating to Rs. 600.00 crores. The offer price is Rs. 57# per equity share and is 5.7 times the face value of the equity shares. ^Subject to finalisation of basis of allotment #A discount of Rs. 2 per equity share was offered to eligible employees bidding in the employee reservation portion.
Opens On
Closes On
03-Aug-2023
07-Aug-2023
Application
Allotment
57.00
0.00
Minimum Application for shares in Nos : 260.0 Further Multiples of : 260.0
₹Cr
Lead Managers to the Issue
Project Cost (₹.Cr)
Project Financed through Current Offer (₹.Cr)
Post Issue Equity Share Capital (₹.Cr)
Issue Price (₹.Cr)
0.00
1,025.00
1,064.24
57.00
Axis Capital Ltd
ICICI Securities Ltd
Kotak Mahindra Capital Company Ltd
- Listing of the Equity Shares on the Stock Exchanges
- SBFC Holdings Pte Ltd
- Clermonte Financial Pte Ltd
- Arpwood Partners Investment Ad
- BSE
- NSE
- KFin Techologies Ltd