IBL Finance IPO subscription is to open on Jan 09, 2024 and will close on Jan 11, 2024, the price band of the IBL Finance IPO is fixed at ₹ 51.
IBL Finance is a Non-Banking Financial Company (NBFC) based in India. It leverages cutting-edge technology and data science to provide instant personal loans through a 100% digital process.
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About IBL Finance
IBL Finance is a Non-Banking Financial Company (NBFC) based in India. It leverages cutting-edge technology and data science to provide instant personal loans through a 100% digital process.
Objects of the Issue
- Augmenting the Company’s Tier–I capital base to meet the Company’s future capital requirements, arising out of the growth of our business and asset; and
- General corporate purposes
IBL Finance Limited Financials:
Summary of financial Information (Restated Consolidated Statement)
| Particulars | For the year ended (₹ in lakh) | ||
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
| Total Assets | 2,218.11 | 1,022.85 | 339.10 |
| Total income | 1,333.13 | 327.08 | 112.59 |
| Total Expenses | 1,058.61 | 270.55 | 121.86 |
| Profit After Tax | 192.83 | 42.73 | (9.88) |
IBL Finance IPO Price – Details
| Description | IPO Details |
|---|---|
| Public Issue | Initial Public Issue of upto 65,50,000 Equity Shares of ₹ 10 (aggregating up to ₹ 33.41 Cr) |
| Issue Open Date | 09-Jan-24 |
| Issue Close Date | 11-Jan-24 |
| Issue Type | Fixed Price |
| IPO Price Band | ₹ 51 |
| Face Value | ₹ 10 |
| Market Lot | 2000 Equity Shares and in multiples thereof |
| Minimum Order Quantity | 2000 Equity Shares |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| Listing | NSE SME |
| NSE Symbol | IBLFL |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
IBL Finance IPO DRHP & RHP
IBL Finance IPO Lot Size
| Application | Lots | No of Shares | Amount (Rs) |
| Minimum | 1 | 2000 | 102,000 |
| Maximum | 1 | 2000 | 102,000 |
IBL Finance IPO Lead Managers
- Fedex Securities Private Limited
IBL Finance IPO Registrar
IBL Finance IPO Allotment Date, Listing Date and other Important Dates
| Details | Date |
|---|---|
| Bid / Offer Opens on | 09-Jan-24 |
| Bid / Offer Closes on | 11-Jan-24 |
| Finalisation of Basis of Allotment | 12-Jan-24 |
| Initiation of refunds | 15-Jan-24 |
| Credit of the Equity Shares | 15-Jan-24 |
| Listing Date | 16-Jan-24 |
Company Registered Office
Shop-151, Silver Stone Arcade,
Near. Kantheriya Hanuman Temple,
OP-34/A+B+C+D, FP-50, Singanpore,
Causeway Road, Katargam,
Surat – 395004, Gujarat, India
Website: https://iblfinance.in/
Company Promoters
- Manish Patel
- Piyush Patel
- Mansukhbhai Patel
- Anishbhai M Patel HUF
- Mansukhbhai K Patel HUF
IBL Finance IPO – FAQS
What is the IBL Finance IPO Price?
The IBL Finance IPO price band is ₹ 51 per share
When IBL Finance IPO will open?
The IBL Finance IPO opens on Jan 09, 2024 and closes on Jan 11, 2024
What is the lot size of IBL Finance IPO?
The IBL Finance IPO lot size is 2000 Equity Shares and the minimum order quantity is 2000 Equity Shares
Who is the Registrar for IBL Finance IPO?
The Registrar for IBL Finance IPO is Bigshare Services Private Limited
How to apply in IBL Finance IPO through UPI?
Check the step by step process here – Click here
How to apply in IBL Finance IPO through Zerodha?
Check the step by step process here – Click here
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