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IBL Finance IPO is a book build IPO listing on NSE EMERGE exchange. The company is based in Surat and caters to Banking And Finance - FinTech sector. Fedex Securities Private is the merchant banker of IBL Finance IPO. It is a SME IPO which filed its Draft Red Herring Prospectus (DRHP) on 14th August 2023.
IBL Finance IPO open date is 9th January 2024 and close date is 11th January 2024. IPO Allotment Date is 12th January 2024 and Listing date is 16th January 2024.IBL Finance IPO size is Rs 33.41 Cr. crores with IPO price of Rs 51.00 Cr.. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Fedex Securities Private Limited is the book-running lead manager of the IBL Finance IPO. Bigshare Services Private Limited is the Registrar and Market Maker is Market-Hub Stock Broking Private Limited for IBL Finance IPO.
IBL Finance IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
IBL Finance IPO, based in Surat, operates in the Banking And Finance - FinTech sector with a focus on fintech based financial services platform.. The company is launching its SME IPO on the NSE EMERGE exchange, using the Fixed Price Issue method. IBL Finance IPO size is ₹ 33.41 Cr. Crores with fresh issue size of Rs 33.41 Cr. Crores and Offer for sale being Nil.
The IPO allotment date for IBL Finance IPO is expected to be 12th January 2024, after the finalization of basis of allotment. Investors can check IBL Finance IPO allotment status on the registrars website, Bigshare Services Private Limited. IBL Finance IPO refund dates are 15th January 2024.
IBL Finance IPO is expected to be listed on 16th January 2024.
The upper price band for the IBL Finance IPO is set at ₹ 51.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on IBL Finance IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the IBL Finance IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 11th January 2024. After submission, funds are blocked until the basis of allotment of IBL Finance IPO is finalised.
The merchant banker for IBL Finance IPO is Fedex Securities Private Limited . Fedex Securities Private Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the IBL Finance IPO RHP for further details.
The registrar for IBL Finance IPO is Bigshare Services Private Limited. Investors can go to Bigshare Services Private Limited registrar website for IPO allotment status, refund processing, and other queries related to IBL Finance IPO through their official website or helpline.
IBL Finance IPO was subscribed 17.00 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
IPO
Size:
₹ 33.41 Cr.
Avg IPO Size (Sector Based)
:
₹ 36.74 Cr.
Sector: Banking And Finance - FinTech
SME IPO so far:
10
Merchant Banker:
Fedex Securities
SME IPO by BRLM so far:
47
City:
Surat
SME IPO so far:
40
Revenue (annualised):
₹ 14.79 cr.
PE
Ratio:
34.93x
Average Sector PE Ratio: 28.33x
IBL Finance IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on IBL Finance Financial Review Page
Merchant Banker(s) of IBL Finance IPO: Fedex Securities Private Limited
IBL Finance IPO subscription was 17.00 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
IBL Finance IPO listed at a listing price of 56.00 against the offer price of 51.00.
The current market price of IBL Finance is 58.85.
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