| IBL Finance Limited | SME | . | Finance |
IBL Finance Limited Details
| Minimum Investment ₹102,000 /1 Lot (2000 shares) | Price Range ₹51-₹51 | |
| Max Quantity 1 Lots/2000 Shares | Max Investment ₹102,000 | Retail Discount ₹0 |
| Investor category and sub category Individual- HNI & Retail | Issue Size 34.30 Cr | Employee Discount ₹0 |
| Total Issue Size 6,725,000 Shares (aggregating up to ₹34.30.00 Cr) | Share Holding Pree Issue 18,180,650 | Issue Type fixed price Issue IPO |
| Fresh Issue Share 6,725,000 Shares (aggregating up to ₹34.30.00 Cr) | Share Holding Post Issue 24,730,650 | Listing At NSE SME |
| . | Market Maker portion 330,000 shares | Face value ₹10 pr share |
IPO Dates
| Offer Starts | 9 JAN 2024 |
| Offer Ends | 11 JAN 2024 |
| Allotment | 12 Dec 2024 |
| Refunds | 15 JAN 2024 |
| Credit of shares to Demat account | 15 JAN 2024 |
| IPO Listing | 16 JAN 2024 |
About IBL Finance Limited
IBL Finance commenced their lending business to self-employed professional and small business entrepreneurs during the financial year on March 31, 2019. Subsequently, from the Fiscal 2020, they migrated to a fintech-based financial services platform. As a technology-driven fintech company, they leverage technology and data science to make lending quick and easy. From mobile Apps, they provide instant personal loans which is almost 100% digital process. They launched a personal loans business to fulfill the needs of the underserved Indian population. Their digital personal loan offering is well-suited to address the needs of the growing digitally connected Indians.
The company launched a mobile-based personal loans business under the “IBL: Instant Personal Loan” brand. Under their personal loan lending business, they extend instant personal loans up to ₹50,000 with tenors of up to 12 months through an entirely digital mobile App-only process. Since their launch and up to March 31, 2023, they have disbursed 1,63,282 personal loans amounting to ₹7,105.44 lakhs. As of March 31, 2023, their personal loan business had an AUM of ₹1461.18 lakhs and they disbursed 1,22,078 personal loans amounting to ₹5234.70 lakhs, with an average ticket size of approx. ₹4500. The average tenor of loans which is outstanding at the end of Fiscal 2023 is 5 months.
| Founded In | Managing Director |
| 2017 | MR. Manish Patel |
About IBL Finance Limited IPO Prospectus
| . | |
| DRHP Draft Prospectus | Click here |
| RHP Draft Prospectus | Click here |
Share Holding
| Share Holding Pre-Issue | 85.55% |
| Share Holding Post-Issue | 62.89% |
Financials
| Revenue | |
| Year | Values |
| 2021 | ₹112.59 |
| 2022 | ₹327.08 |
| 2023 | ₹1333.13 |
All values are in Rs. Cr
| Total Asset | |
| Year | Values |
| 2021 | ₹339.10 |
| 2022 | ₹1022.85 |
| 2023 | ₹2218.11 |
All values are in Rs. Cr
| Profit | |
| Year | Values |
| 2021 | -₹9.88 |
| 2022 | -₹42.73 |
| 2023 | ₹192.83 |
Fundamentals
| Values | Values | ||
| Market cap | 126.13 | ROE | 9.41% |
| P/E (X) | 48.08 | ROCE | 18.88% |
| POST P/E (X) | . | EPS | 1.06 |
| Debt to Equity | 0 | RONW | 9.41% |
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 the business and asset; and
- General corporate purposes.
Brokerage Firm IPO Review
- To be updated soon
| IBL Finance Limited Contact Details | |
| Address | IBL Finance Limited Shop-151, Silver Stone Arcade, Near. Kantheriya Hanuman Temple, OP-34/A+B+C+D, FP-50, Singanpore, Causeway Road, Katargam, Surat- 395004 |
| Phone: | 9828116900 |
| compliance@iblfinance.in | |
| Website | https://iblfinance.in/ |
| IBL Finance Limited IPO Registrar | |
| . | Bigshare Services Pvt Ltd |
| Phone | +91-022-6263 8200 |
| ipo@bigshareonline.com | |
| Website | Bigshare Services Pvt Ltd (bigshareonline.com) |
| IBL Finance Limited IPO Lead Managers |
| Fedex Securities Pvt Ltd |
| IBL Finance Limited IPO Allotment Status Check |
| IBL Finance Limited IPO Allotment Status Check Click here |
IBL Finance Limited IPO FAQs
What is IBL Finance Limited IPO?
- IBL Finance Limited IPO is an NSE SME IPO. They are going to raise ₹34.30 Crores via IPO. The issue is priced at ₹51 per equity share. The IPO is to be listed on NSE
When IBL Finance Limited IPO will open?
- The IPO is to open on January 9, 2023, for NII, and Retail Investors.
What is IBL Finance Limited IPO Investors Portion?
- The investors’ portion for NII is 50%, and Retail is 50%.
What is IBL Finance Limited IPO Size?
- IBL Finance Limited IPO size is ₹34.30 crores.
What is IBL Finance Limited IPO Price Band?
- IBL Finance Limited IPO Price Band is ₹51 per equity share.
What is IBL Finance Limited IPO Minimum and Maximum Lot Size?
- The IPO bid is Minimum 1 Lot (2000 Shares) with ₹102,000. and Maximum Lot Size 1 Lots / 2000 Shares with ₹102,000
What is IBL Finance Limited IPO Allotment Date?
- IBL Finance Limited IPO allotment date is January 12, 2024.
What is IBL Finance Limited IPO Listing Date?
- IBL Finance Limited IPO listing date is January 16, 2024. The IPO to list on NSE SME.