IBL Finance Limited
Important Dates:-
| Particulars | Value |
|---|---|
| Open Date:- | January 9, 2024 |
| Close Date:- | January 11, 2024 |
| Allotment Date:- | January 12, 2024 |
| Listing Date:- | January 16, 2024 |
About IBL Finance Limited :-
Established in August 2017, IBL Finance Limited stands as a fintech-based financial services platform, employing technology and data science to streamline and expedite lending processes. Operating through the IBL Finance mobile app, the platform facilitates instant personal loans, with approvals often granted in under 3 minutes, reaching a maximum limit of ₹50,000.
By March 31, 2023, the company successfully disbursed 1,63,282 personal loans totaling ₹7,105.44 lakhs. In the same year, the IBL Instant Personal Loan app recorded 381,156 logins, with an average of 27,969 active users monthly.
As of August 2023, IBL Finance Limited has established its presence with 7 branches in key cities of Gujarat and Maharashtra.
The company's cutting-edge underwriting algorithms leverage data from various sources to generate a credit report encompassing over 500 data points. The company prioritizes clear and concise language in its communications to ensure customers easily comprehend the provided information.
As of June 30, 2023, IBL Finance Limited maintains a dedicated team of 81 full-time employees.
Contact Details :-
Address:- IBL Finance Limited Shop-151, Silver Stone Arcade, Near. Kantheriya Hanuman Temple, OP-34/A+B+C+D, FP-50, Singanpore, Causeway Road, Katargam, Surat- 395004
Phone:- 9828116900
E-mail:- compliance@iblfinance.in
Website:- https://iblfinance.in/
IPO Details :-
| Particulars | Value |
|---|---|
| IPO Type:- | SME |
| Price:- | ₹51 |
| Lot Size:- | 2000 |
| Minimum Amount for 1 Lot:- | ₹1,02,000 |
| Listing At:- | NSE SME |
| Total issue of Shares:- | 65,50,000 |
| Total issue Size:- | ₹33.41 Crore |
| Fresh issue of Shares:- | 65,50,000 |
| Fresh issue Size:- | ₹33.41 Crore |
| Face Value:- | ₹10 per Equity Share |
Financial Information :-
Amount in ₹ Lakh
| Period Ended | 31 Jul 2023 | 31 Jul 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 2,317.60 | 2,218.11 | 1,022.85 | 339.10 |
| Revenue | 492.58 | 1,333.13 | 327.08 | 112.59 |
| Profit After Tax | 120.60 | 192.83 | 42.73 | -9.88 |
| Net Worth | 2,169.34 | 2,048.74 | 355.47 | 312.73 |
| Reserves and Surplus | 351.27 | 1,139.71 | 29.47 | -13.27 |
| Total Borrowing | 7.51 | 9.12 | 640.58 |
Key Performance Indicator :-
| Particulars | Value |
|---|---|
| Market Cap (₹ in Crore):- | 126 |
| ROE:- | 9.41% |
| ROCE:- | 18.88% |
| Debt/Equity:- | 0 |
| RoNW:- | 9.41% |
IPO Prospectus :-
| Particulars | Link |
|---|---|
| IBL Finance Limited DHRP:- | Click Here |
| IBL Finance Limited RHP:- | Click Here |
GMP :-
| GMP Date | GMP | Estimated Listing Price | Estimated Listing Gain |
|---|---|---|---|
| 13-01-2024 | ₹3 | ₹54 | 5.88% |
| 14-01-2024 | ₹3 | ₹54 | 5.88% |
| 15-01-2024 | ₹4 | ₹55 | 7.84% |
| 16-01-2024 | ₹4 | ₹55 | 7.84% |
Subscription Details :-
| Date | QIB | NII | Retail | Employee | Other | Total |
|---|---|---|---|---|---|---|
| January 9, 2024 | 7.30 | 4.39 | ||||
| January 10, 2024 | 13.97 | 8.49 | ||||
| January 11, 2024 | 24.03 | 17.00 |
Listing Details :-
| Particulars | Value |
|---|---|
| Listing Date:- | January 16, 2024 |
| NSE Symbol :- | IBLFL |
| ISIN:- | INE0O7401018 |
| Final Issue Price:- | ₹51.00 |
| Open:- | ₹56.00 |
| Low:- | ₹56.00 |
| High:- | ₹58.80 |
| Close:- | ₹58.80 |
IBL Finance Limited FAQ :-
What is the opening date for IBL Finance Limited?
The IBL Finance Limited opens on January 9, 2024.
What is the closing date for IBL Finance Limited?
The IBL Finance Limited closes on January 11, 2024.
When will the shares be allotted for IBL Finance Limited?
Shares of IBL Finance Limited will be allotted on January 12, 2024.
What is the listing date for IBL Finance Limited?
The listing date for IBL Finance Limited is January 16, 2024.
What is the price/ price range for IBL Finance Limited?
The price/ price range for IBL Finance Limited is ₹51.
What is the minimum lot size for the IBL Finance Limited?
The minimum lot size for IBL Finance Limited is 2000 shares.
What is the minimum investment required for retail investors in the IBL Finance Limited?
The minimum investment required for retail investors in the IBL Finance Limited is ₹1,02,000.
What type of IPO is the IBL Finance Limited?
The type of IBL Finance Limited is SME.
What is the total issue size of the IBL Finance Limited?
The total issue size of IBL Finance Limited is ₹33.41 Crore.
How many shares are being offered in the IBL Finance Limited?
Total 65,50,000 shares are being offered in the IBL Finance Limited.
What is the face value of IBL Finance Limited share?
The face value of IBL Finance Limited share is ₹10.
What is the market capitalization of the IBL Finance Limited?
The market capitalization of the IBL Finance Limited is ₹126.13 Crore.
Who is the registrar for the IBL Finance Limited?
The registrar for the IBL Finance Limited is .
Where can I check the IPO Allotment status for IBL Finance Limited?
You can check the IPO Allotment status for IBL Finance Limited at .
What is the email address and website of IBL Finance Limited?
The email address of IBL Finance Limited is compliance@iblfinance.in and website is https://iblfinance.in/.
What is the IBL Finance Limited GMP (Grey Market Premium) as of 16-01-2024?
The latest GMP for IBL Finance Limited is ₹4 as of 16-01-2024.