IBL Finance Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 08-01-2024 | 10-01-2024 | 10 | 51 | 2000 Shares | NSE SME | 6,550,000 shares (aggregating up to ₹33.41 Cr) | 2024-11-30 18:30:00 | 2024-01-14 18:30:00 | 2024-01-14 18:30:00 | 15-01-2024 |
About The Company
IBL Finance IPO is a fixed price issue of Rs 33.41 crores. The issue is entirely a fresh issue of 65.5 lakh shares.
IBL Finance IPO opens for subscription on January 9, 2024 and closes on January 11, 2024. The allotment for the IBL Finance IPO is expected to be finalized on Friday, January 12, 2024. IBL Finance IPO will list on NSE SME with tentative listing date fixed as Tuesday, January 16, 2024.
IBL Finance IPO price is ₹51 per share. The minimum lot size for an application is 2000 Shares. The minimum amount of investment required by retail investors is ₹102,000. The minimum lot size investment for HNI is 2 lots (4,000 shares) amounting to ₹204,000.
Fedex Securities Pvt Ltd is the book running lead manager of the IBL Finance IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for IBL Finance IPO is Market-Hub Stock Broking.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 30-07-2023 | 2318 | 493 | 121 | 2169.34 | 351.27 | 7.51 |
| 30-03-2023 | 2218 | 1333 | 193 | 2048.74 | 1139.71 | 9.12 |
| 30-03-2022 | 1023 | 327 | 43 | 355.47 | 29.47 | 640.58 |
| 30-03-2021 | 339 | 113 | -10 | 312.73 | -13.27 | 0 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | 102000 |
| Retail (Max) | 1 | 2000 | 102000 |
| HNI (Min) | 2 | 4000 | 204000 |
IPO Listing Details
| Listing Date | 15-01-2024 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Manish Patel, Piyush Patel and Mansukhbhai Patel.
Contact Information of the Company
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
Email: compliance@iblfinance.in
Website: https://iblfinance.in/
IPO Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
IPO Lead Manager
Fedex Securities Pvt Ltd