SBFC Finance Ltd - IPO

SBFC Finance Ltd IPO Details

Initial public offering of 179,863,285 equity shares^ of face value of Rs. 10 each (Equity Shares) of SBFC Finance Limited (Company or the Issuer) for cash at a price of Rs. 57 per equity share# (including a share premium of Rs. 47 per equity share) (the Offer Price) aggregating to Rs. 1025.00 crores^# (Offer) comprising a fresh issue of 105,301,883 equity shares^ aggregating to Rs. 600.00 crores^# (the Fresh Issue) and an offer for sale of 74,561,402 equity shares^ by Arpwood Partners Investment advisors llp, Arpwood Capital Private Limited and Eight45 Services llp (Promoter Selling Shareholders) (aggregating to Rs. 425.00 crores (Offered Shares) (offer for Sale, and together with the fresh issue, the Offer). The offer includes a reservation of 1,863,636 equity shares^, aggregating to Rs. 10.25 crores^# (the Employee Reservation Prtion). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer constituted 16.90% and 16.73%, respectively, of the post-offer paid-up equity share capital of the company. The company, in consultation with the promoter selling shareholders and the book running lead managers, has undertaken a private placement of 27,272,727 equity shares for cash consideration aggregating to Rs. 150.00 crores (the pre-ipo placement). The size of the fresh issue has been reduced by Rs. 150.00 crores and accordingly, the size of the fresh issue is aggregating to Rs. 600.00 crores. The offer price is Rs. 57# per equity share and is 5.7 times the face value of the equity shares.^Subject to finalisation of basis of allotment#A discount of Rs. 2 per equity share was offered to eligible employees bidding in the employee reservation portion.

Objective of issue

Listing of the Equity Shares on the Stock Exchanges.

SBFC Finance Ltd Contact Details

SBFC Finance Ltd, Karvy Selenium Tow-B, 31&32 Financial Dist, Nanakramguda, Hyderabad-500032

Phone - 91-40-67162222

Fax - 91-40-23001153/23420814

Email - complianceofficer@sbfc.com

Website - www.sbfc.com