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August 01, 2023
IPO Alert: SBFC Finance Ltd.
SBFC is a systematically important, non-deposit taking non-banking finance company offering Secured MSME Loans and Loans against Gold, with a majority of their borrowers being entrepreneurs, small business owners, self-employed individuals, salaried and working-class individuals.
Read more about SBFC Finance IPO
The below table has important dates with respect to the IPO allotment and listing.
| Finalization of Basis of Allotment | 10-Aug-23 |
| Initiation of Refunds | 11-Aug-23 |
| Credit of Shares to Demat Acct | 14-Aug-23 |
| IPO Shares Listing Date | 16-Aug-23 |
| UPI mandate expiry date | 17-Aug-23 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
