SBFC Finance IPO Subscription Status
SBFC Finance IPO was subscribed 74.06 times when bidding closed on 7 Aug 2023: QIB 203.61x, NII 51.82x, Retail 11.6x.
The SBFC Finance IPO has been subscribed 74.06x times overall. Retail investors have shown interest with bids for 11.6x the shares available. The Non-Institutional Investor (NII) category has been subscribed 51.82x. Within NII, Big HNI (B-HNI) subscribed 56.69x and Small HNI (S-HNI) subscribed 42.07x. Qualified Institutional Buyers (QIBs) have subscribed 203.61x. Data last updated on 10 Nov, 06:04 PM.
The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 03 Aug, 2023 and closes on 07 Aug, 2023. The shares are expected to list on stock exchanges on 16 Aug, 2023.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
Live bidding
Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.
| Category | Bid details | Times |
|---|---|---|
| QIB | - of - - | 203.61x |
| NII | - of - - | 51.82x |
bHNI — bid amount above ₹10 Lakh |
- - | 56.69 |
sHNI — bid amount ₹2–10 Lakh |
- - | 42.07 |
| Retail | - of - - | 11.6x |
| Employee | - of - - | 6.21x |
| TOTAL | - - | 74.06x |
SBFC Finance IPO allotment probability
Your odds of an allotment in each category at the current subscription.
Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.
Subscription insights
What the current book is saying, read off the category numbers above.
Retail Allotment
Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 8.6% for a single lot.
Market Sentiment
Strong grey market premium of 338% suggests exceptional listing gains and high bullish sentiment among traders.
Institutional Backing
Massive institutional interest with QIBs subscribing 203.61x. This often signals long-term confidence from professional funds.
Day-wise subscription history
End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.
| Date | Total | ||
|---|---|---|---|
|
07 Aug 2023
Day 3 |
74.06x | ▼ | |
|
QIB203.61x
BHNI56.69x
SHNI42.07x
Retail11.6x
Employee6.21x
|
|||
|
04 Aug 2023
Day 2 |
7.09x | ▼ | |
|
QIB6.71x
BHNI12.67x
SHNI13.5x
Retail4.93x
Employee2.44x
|
|||
|
03 Aug 2023
Day 1 |
1.9x | ▼ | |
|
QIB0.03x
BHNI3.85x
SHNI4.57x
Retail2.05x
Employee1.1x
|
|||
SBFC Finance IPO dates
From the bidding window to listing. Today is 11 November.
- Open 03 Aug 2023
- Close 07 Aug 2023
- Allotment 10 Aug 2023
- Refund/credit 11 Aug 2023
- Listing 16 Aug 2023
What does this subscription data mean?
IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:
- 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
- 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
- 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
- 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.
Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.
Frequently asked
What is the current subscription status of SBFC Finance IPO?
As of IPO close date (07 Aug, 2023), the SBFC Finance IPO is subscribed 74.06x times. Retail category is 11.6x, and NII is 51.82x subscribed.
When is the allotment date for SBFC Finance IPO?
The allotment for SBFC Finance IPO is expected to be finalized on 10 August, 2023.
What is the GMP of SBFC Finance?
The Grey Market Premium (GMP) for SBFC Finance is currently ₹192.9, indicating a potential listing gain of 338%.
When will SBFC Finance IPO list on the stock market?
SBFC Finance is scheduled to list on BSE and NSE on 16 August, 2023.
What are the chances of getting allotment in SBFC Finance IPO?
The retail category is oversubscribed at 11.6x, meaning allotment is by lottery. Statistically, approximately 1 in 12 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.
What does QIB subscription of 203.61x mean for SBFC Finance IPO?
Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 203.61x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.
How to check SBFC Finance IPO allotment status?
After the allotment date (10 Aug, 2023), you can check your SBFC Finance IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.
Explore SBFC Finance IPO further
Track every stage of this IPO, from subscription to listing.
It has listed — go back to the fundamentals.
Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
Subscription moves by the hour. Get it on your phone.
Live GMP alerts, subscription updates and allotment status for every Mainboard and SME issue — fast, free and secure.
Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.
