SBFC Finance Ltd IPO |
Registered Office:
103 1stFr C&B SquareSangamComp,Andheri Kurla Road Vil-Chakala
,
Mumbai
-
400059
,
Maharashtra
, India.
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.
|
| Issue |
Money Payable On |
| Opens On |
Closes On |
Application |
Allotment |
| 03-Aug-23 |
07-Aug-23 |
(Rs)57.00-0.00 |
(Rs)0.00-0.00 |
| Minimum Application for shares in Nos :260 Further Multiples of :260 |
| |
(Rs Cr) |
Lead Managers to the Issue |
| Project Cost |
0.00 |
|
| Project Financed through Current Offer |
1025.00 |
|
| Post Issue Equity Share Capital |
1064.24 |
|
| Issue Price |
(Rs)57.00 |
|
|