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05 Mar, 2026
IBL Finance Limited IPO
IBL Finance Ltd. (IBL FL) commenced lending business to self-employed professional and small business entrepreneurs during the financial year March 31, 2019. Subsequently, from Fiscal 2020 it migrated to a fintech based financial services platform. As a technology driven fintech company it leverages technology and data-science to make lending quick and easy. IBL finance launched a personal loans business to fulfill the needs of the underserved Indian population. Its digital personal loan offering is well-suited to address the needs of the growing digitally connected Indians.
The company launched a mobile App based personal loans business under the "IBL: Instant Personal Loan '' brand. Under personal loan lending business, it extends instant personal loans up to Rs. 50,000 with tenors of up to 12 months through an entirely digital mobile App-only process. 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 price is ₹51 per share. The minimum lot size for an application is 2000 Shares. 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.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
IBL Finance Limited IPO GMP
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
IBL Finance Limited IPO Details
| Detail | Description |
|---|---|
| IPO Date | January 9, 2024 to January 11, 2024 |
| Listing Date | January 16, 2024 |
| Face Value | ₹10 per share |
| Price | ₹51 per share |
| Lot Size | 2000 Shares |
| Total Issue Size | 6,550,000 shares (aggregating up to ₹33.41 Cr) |
| Fresh Issue | 6,550,000 shares (aggregating up to ₹33.41 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 18,180,650 |
| Share holding post issue | 24,730,650 |
| Market Maker portion | 330,000 shares Market-Hub Stock Broking |
IBL Finance Limited IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | Tuesday, January 9, 2024 |
| IPO Close Date | Thursday, January 11, 2024 |
| Basis of Allotment | Friday, January 12, 2024 |
| Initiation of Refunds | Monday, January 15, 2024 |
| Credit of Shares to Demat | Monday, January 15, 2024 |
| Listing Date | Tuesday, January 16, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on January 11, 2024 |
IBL Finance Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 2000 | ₹102,000 |
| Retail (Max) | 1 | 2000 | ₹102,000 |
| HNI (Min) | 2 | 4,000 | ₹204,000 |
IBL Finance Limited IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Share Holding Pre Issue | 85.55% |
| Share Holding Post Issue | 62.89% |
Competitive Strength:
- -
IBL Finance Limited IPO Financial Information
| Period Ended | Assets | Total Income | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing | ||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31 July 2023 | 2,317.60 | 492.58 | 120.60 | 2,169.34 | - | 7.51 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 2,218.11 | 1,333.13 | 192.83 | 2,048.74 | - | 9.12 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2022 | 1,022.85 | 327.08 | 42.73 | 355.47 | - | 640.58 | ||||||||||||||||||||||||||||||||||
| 31 Mar 2021 | 339.10 | 112.59 | -9.88 | 312.73 | - | - | ||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 9.41% |
| ROCE | 18.88% |
| Debt/Equity | 0 |
| RoNW | 9.41% |
| P/BV | 4.18 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 1.06 | 1.46 |
| P/E (x) | 48.08 | 34.86 |
Objectives of IBL Finance IPO
The company proposes to utilize the Net Proceeds from the Issue towards the following objectives:
- 1. Augmenting the company's Tier-I capital base to meet the company's future capital requirements, arising out of the growth of the business and asset.
- 2. General corporate purposes.
RHP:
View RHPRead more :
Frequently Asked Questions (FAQs)
-
What is IBL Finance Limited's IPO?
The IBL Finance Ltd IPO contains a fresh IPO of 67,25,000 shares, aggregating ₹34.30 crore. The price of the IPO is ₹51 per share. The IPO will open on January 9, 2023.
-
When will IBL Finance Limited's IPO be allotted?
The Basis of Allotment will happen on Friday, January 12, 2024.
-
When will IBL Finance Limited's IPO open for subscription?
The IPO subscription window will open on Tuesday, January 9, 2024.
-
What minimum lot size can retail investors subscribe to?
The minimum lot size retail investors can subscribe to is 1 lot, and the lot size is 2,000 shares.
-
When will IBL Finance Limited list on exchanges?
IBL Finance Ltd IPO will be listed on the NSE Emerge on Tuesday, January 16, 2024.
