IBL Finance IPO GMP Live
| Price | ₹51 |
| Premium | 0 (0%) |
| Lot | 2000 share |
IBL Finance IPO Subscription status live
IBL Finance Limited About
Founded in August 2017, IBL Finance Limited is a technology-driven financial services platform specializing in swift and hassle-free lending. Through the IBL Finance mobile app, individuals can easily secure instant personal loans up to ₹50,000 via a seamless digital process, with approvals in under 3 minutes.
By March 31, 2023, the company successfully disbursed 1,63,282 personal loans totaling 7,105.44 lakhs. In the same year, the IBL Instant Personal Loan app recorded 381,156 logins, maintaining an average of 27,969 active monthly users.
Currently operating across Gujarat and Maharashtra, IBL Finance boasts 7 branches in major cities as of August 2023.
The company’s cutting-edge underwriting algorithms leverage a wide array of data sources, harnessing over 500 data points to generate comprehensive credit reports. Emphasizing simplicity in language, IBL ensures customers easily comprehend the information provided.
As of June 30, 2023, IBL Finance employs 81 dedicated full-time professionals to deliver seamless services.
Objective of the issue (IBL Finance Limited)
- Augmenting our Company’s Tier – I capital base to meet our Company’s future capital requirements, arising out of the growth of our business and asset; and
- General corporate purposes
IBL Finance Limited IPO
Details
| IPO Date | Information |
|---|---|
| IPO Date | 9 January 2024 |
| Listing Date | 16 January 2024 |
| Face Value | ₹10 par share |
| Price Band | 51 |
| Lot Size | 2000 |
| Total Issue Size | 6,725,000 shares (INR 34.30 crore |
| Fresh Issue | 6,725,000 shares (INR 34.30 crore |
| Issue Type | [•] |
| Listing At | NSE SME |
| Share holding pre issue | Coming… |
| Share holding post issue | Coming… |
IBL Finance Limited IPO Reservation
VLCC Health Care IPO is offering ……/- shares. Out of these, ……/- are allocated to QIBs, ……./- to NIIs, ……./- to RIIs, and ………/- to Anchor investors .
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor | Coming… |
| Market Maker | Coming… |
| QIB | Coming… |
| NII (HNI) | Coming… |
| Retail | Coming… |
| Total Shares Offered | Coming… |
IBL Finance Limited IPO Anchor Investor Details
The VLCC Health Care IPO secures Rs……./- crore from anchor investors. The Kay Cee Energy & Infra IPO’s Anchor bid date is …/…./……
| Parameter | Details |
|---|---|
| Bid Date | Coming… |
| Shares Offered | Coming… |
| Anchor Portion Size (In Cr.) | Coming… |
| Anchor lock-in period end date for 50% shares (30 Days) | Coming… |
| Anchor lock-in period end date for remaining shares (90 Days) | Coming… |
IBL Finance Limited IPO Schedule
VLCC Health Care IPO commences ( open ) on 09/01/2024 and concludes ( close ) on 11/01/2024
| Event | Date |
|---|---|
| IPO Open Date | 9 January 2024 |
| IPO Close Date | 11 January 2024 |
| Basis of Allotment | 12 January 2024 |
| Initiation of Refunds | 15 January 2024 |
| Credit of Shares to Demat | 15 January 2024 |
| Listing Date | 16 January 2024 |
| Cut-off time for UPI mandate confirmation | Coming… |
IBL Finance Limited IPO Lot Size
Investors have the opportunity to bid for a minimum of 2000 shares and in multiples thereof. The following table illustrates the minimum and maximum investments by retail investors and HNI in terms of shares and amounts.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹ |
| Retail (Max) | 1 | 2000 | ₹ |
| HNI (Min) | 2 | 4000 | ₹ |
IBL Finance Limited Financial Information
Between March 31, 2022, and March 31, 2023, IBL Finance Limited saw a significant surge in revenue by 307.59% and a profit after tax (PAT) rise of 351.28%.
| Period | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|
| Assets | 2,218.11 | 1,022.85 | 339.10 |
| Revenue | 1,333.13 | 327.08 | 112.59 |
| Profit | 192.83 | 42.73 | -9.88 |
| Net Worth | 2,048.74 | 355.47 | 312.73 |
| Reserves | 1,139.71 | 29.47 | -13.27 |
| Borrowing | 9.12 | 640.58 | – |
IBL Finance Limited performance
| KPI | Values |
|---|---|
| P/E (x) | 44.35 |
| Post P/E (x) | [•] |
| Debt/Equity | 0 |
Company address
IBL FINANCE LIMITED
Shop-151, Silver Stone Arcade,
Near. Kantheriya Hanuman Temple, OP-34/A+B+C+D, FP-50,
Singapore, Causeway Road, Katargam, Surat – 395004, Gujarat
Phone: 9828116900
E-mail: compliance@iblfinance.in
Website: www.iblfinance.in
Kay Cee Energy & Infra IPO FAQs
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