IBL Finance IPO description – IBL Finance is a modern, fintech-driven financial services platform that harnesses the power of technology and data science to streamline and simplify the lending process, making it quick and hassle-free.
The company introduced its mobile app-based personal loans business, operating under the brand ‘IBL: Instant Personal Loan.’ In the realm of personal loan lending, IBL Finance offers immediate personal loans, ranging up to INR 50,000, with flexible tenors of up to 12 months. The entire process is conducted exclusively through a digital mobile app, ensuring a seamless and efficient experience. During the FY 2023, IBL Finance had 27,969 average monthly active users (‘MAU’) and 3,81,156 total logins, on the IBL: Instant Personal Loan App.
Since its inception and until 31 March 2023, IBL Finance has facilitated 163,282 personal loans, totaling INR 71.05 crore. As of 31 March 2023, the personal loan business boasts Assets Under Management (AUM) of INR 14.61 crore, having disbursed 122,078 personal loans amounting to INR 52.35 crore. The average ticket size for these loans is approximately INR 4,500, and the average outstanding tenor at the close of Fiscal 2023 is 5 months.
Promoters of IBL Finance – Manish Patel, Piyush Patel, and Mansukhbhai Patel
Table of Contents
IBL Finance IPO Details
| IBL Finance IPO Dates | 9 – 11 January 2024 |
| IBL Finance Issue Price | INR 51 per share |
| Fresh issue | 6,550,000 shares (INR 33.41 crore) |
| Offer For Sale | NIL |
| Total IPO size | 6,550,000 shares (INR 33.41 crore) |
| Minimum bid (lot size) | 2,000 shares (INR 102,000) |
| Face Value | INR 10 per share |
| Retail Allocation | 50% |
| Listing On | NSE SME |
IBL Finance Financial Performance
| Â | FY 2021 | FY 2022 | FY 2023 | 5M FY 2024 |
| Revenue | 112.59 | 327.08 | 1,330.52 | 492.57 |
| Expenses | 121.86 | 270.55 | 1,058.61 | 343.12 |
| Net income | (9.88) | 42.73 | 192.83 | 120.60 |
IBL Finance Offer News
- IBL Finance RHP
- IBL Finance Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- IPO Allotment Status
IBL Finance Valuations & Margins
| FY 2021 | FY 2022 | FY 2023 | |
| EPS | (0.07) | 0.29 | 1.15 |
| PE ratio | – | – | 44.35 |
| RONW (%) | (3.16) | 12.02 | 9.41 |
| NAV | 2.13 | 2.42 | 12.20 |
| ROCE (%) | (3.01) | 6.32 | 18.88 |
| EBITDA (%) | (2.17) | 21.42 | 30.04 |
| Debt/Equity | 0.00 | 1.80 | 0.00 |
IBL Finance IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
IBL Finance IPO Subscription – Live Updates
| Category | Non-retail | Retail | Total |
|---|---|---|---|
| Shares Offered | 3,440,000 | 3,110,000 | 6,550,000 |
| 11 Jan 2024 | 9.09 | 24.03 | 16.18 |
| 10 Jan 2024 | 2.79 | 13.71 | 7.97 |
| 9 Jan 2024 | 1.31 | 7.03 | 4.03 |
IBL Finance IPO Allotment Status
IBL Finance IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
IBL Finance IPO Dates & Listing Performance
| IPO Opening Date | 9 January 2024 |
| IPO Closing Date | 11 January 2024 |
| Finalization of Basis of Allotment | 12 January 2024 |
| Initiation of refunds | 15 January 2024 |
| Transfer of shares to demat accounts | 15 January 2024 |
| IPO Listing Date | 16 January 2024 |
| Opening Price on NSE SME | INR 56 per share (up 9.8%) |
| Closing Price on NSE SME | INR 58.80 per share (up 15.29%) |
IBL Finance Offer Lead Manager
FEDEX SECURITIES PRIVATE LIMITED
B 7, 3rd Floor, Jay Chambers, Dayaldas Road,
Vile Parle – [East], Mumbai – 400 057, Maharashtra
Phone: +91 81049 85249
Email:Â [email protected]
Website:Â www.fedsec.in
IBL Finance Offer Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone:Â +91 22 6263 8200
Email:Â Â [email protected]
Website:Â www.bigshareonline.com
IBL Finance Contact Details
IBL FINANCE LIMITED
Shop-151, Silver Stone Arcade,
Near. Kantheriya Hanuman Temple, OP-34/A+B+C+D, FP-50,
Singapore, Causeway Road, Katargam, Surat – 395004, Gujarat
Phone: 9828116900
E-mail: [email protected]
Website: www.iblfinance.in
IPO FAQs
What is the IBL Finance offer size?
IBL Finance offer size is INR 33.41 crores.
What is the IBL Finance offer price band?
IBL Finance public offer price is INR 51 per share.
What is the lot size of the IBL Finance IPO?
IBL Finance offer lot size is 2,000 shares.
What is IBL Finance IPO GMP today?
IBL Finance IPO GMP today is INR NA per share.
What is the IBL Finance kostak rate today?
IBL Finance kostak rate today is NA per application.
What is IBL Finance Subject to Sauda rate today?
IBL Finance are Subject to the Sauda rate today is INR NA per application.
