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 Allotment10-Aug-23
Initiation of Refunds11-Aug-23
Credit of Shares to Demat Acct14-Aug-23
IPO Shares Listing Date16-Aug-23
UPI mandate expiry date17-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.

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