SBFC Finance has debuted at Rs 81.99 on the BSE, up by 24.99 points or 43.84% from its issue price of Rs 57.
The scrip is currently trading at Rs 92.70, up by 35.70 points or 62.63% from its issue price. It has touched a high and low of Rs 94.60 and Rs 81.99 respectively. So far 92.13 lakh shares were traded on the counter.
The offering, which was open for subscription between August 3, 2023 and August 7, 2023 was subscribed 70.16 times. The issue price was fixed at Rs 57 per share i.e. at upper end of price band of Rs 54-57 apiece.
SBFC Finance is a systemically important, non-deposit-taking Non-Banking Finance Company (NBFC-ND-SI).
