On August 16, SBFC Finance had a robust entry into the secondary market on Dalal Street. This followed its IPO of Rs 1,025 crore, which received an overwhelming subscription of over 70 times the offered shares. On Wednesday, SBFC Finance’s shares had a notable start in the secondary market on Dalal Street, following a mid-week […]
SBFC Finance IPO
SBFC Finance will make a debut on the BSE and NSE on August 16, as per IPO schedule. SBFC Finance, a non-banking finance company backed by private equity firm Clermont Group and investment bank Arpwood Group, will have its first initial public offering (IPO) in August 2023. Its main focus is on the MSME sector.