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| IPO Listing At | NSE SME |
| SME IPO Issue Type | Fixed Price Issue |
| Total Issue Size | ₹33.41 Cr |
| Reserved for Market Maker | ₹0.00 Cr |
| Net Issue Size | ₹33.41 Cr |
| Fresh Issue | ₹31.72 Cr |
| Face Value | ₹10 Per Equity Share |
| Issue Price | ₹51.00 per share |
| Discount | Retail: 0.00 |
| NSE Code | IBLFL |
| Registrar | Bigshare Services Pvt.Ltd. |
| Lead Managers | Fedex Securities Pvt.Ltd. |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 2,000 shares and in multiples thereof
Incorporated in August 2017, IBL Finance Limited is a fintech-based financial services platform that uses technology and data science to make lending easier and faster. IBL Finance is a mobile app that offers instant personal loans up to ₹50,000 through a completely digital process. Loans can be approved in as fast as under 3 minutes.
As of March 31, 2023 the company has disbursed 1,63,282 personal loans amounting to ₹ 7,105.44 lakhs. In 2023, the IBL Instant Personal Loan app had 381,156 logins. On average, 27,969 users were active on the app every month.
As of August 2023, the company has 7 branches in major cities of Gujarat and Maharashtra.
The company's advanced underwriting algorithms use data from many sources to generate a credit report with over 500 data points. Keeping the language simple and concise to ensure the customers can easily understand the information the company provides.
As of June 30, 2023, the company employs 81 full time employees.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting our Company’s Tier – I capital base to meet the Company’s future capital requirements, arising out of the growth of the business and asset | 23.97 |
| 2 | General corporate purposes | 7.68 |
| Period Ended | 31 Jul 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 23.18 | 22.18 | 10.23 | 3.39 |
| Total Income | 4.93 | 13.33 | 3.27 | 1.13 |
| Profit After Tax | 1.21 | 1.93 | 0.43 | -0.10 |
| NET Worth | 21.69 | 20.49 | 3.55 | 3.13 |
| Reserves and Surplus | 3.51 | 11.40 | 0.29 | -0.13 |
| Total Borrowing | 0.08 | 0.09 | 6.41 | |
| Amount in ₹ Crore | ||||
| KPI | |
|---|---|
| ROE | 9.41% |
| ROCE | 18.88% |
| Debt / Equity | 0.00% |
| RoNW | 9.41% |
| PAT Margin | 14.49% |
| Price to Book Value | 4.18 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (₹) | 1.06 | 1.46 |
| P/E (x) | 48.08 | 34.86 |
| Promoter Holding | 85.55% | 62.89% |
| Market Cap | ₹126.13 Cr. | |
