SBFC Finance IPO opens for subscription on August 3 and will close on August 7, with a price band of ₹54 to ₹57 per share. The IPO raised ₹304.4 crore from anchor investors. The total offer size is now ₹1,025 crore. The IPO subscription status on day 1 was 25% so far.
The initial public offering of SBFC Finance will open for subscription on Thursday, August 3 and the issue can be subscribed till Monday, August 7, 2023.
SBFC Finance IPO Subscription: The company will utilise net proceeds from the issue towards augmenting the company's capital base to meet its future capital requirements
The initial public offering will open for subscription on Thursday. IT will conclude on August 7, Monday. The company has fixed a price band of Rs 54-57 per share.
The initial public offering (IPO) of SBFC Finance will open for subscription on August 3. The issue closes on August 7. The company s shares are expected to get listed on both exchanges. Here are 10 things to know about the offer.