IBL Finance IPO GMP, Review, Price, Allotment

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Last updated on January 16, 2024

IBL Finance IPO GMP

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.

IBL Finance IPO

Promoters of IBL Finance – Manish Patel, Piyush Patel, and Mansukhbhai Patel


IBL Finance IPO Details

IBL Finance IPO Dates9 – 11 January 2024
IBL Finance Issue PriceINR 51 per share
Fresh issue6,550,000 shares (INR 33.41 crore)
Offer For SaleNIL
Total IPO size6,550,000 shares (INR 33.41 crore)
Minimum bid (lot size)2,000 shares (INR 102,000)
Face Value INR 10 per share
Retail Allocation50%
Listing OnNSE SME

IBL Finance Financial Performance

 FY 2021FY 2022FY 20235M FY 2024
Revenue112.59327.081,330.52492.57
Expenses121.86270.551,058.61343.12
Net income(9.88)42.73192.83120.60
Figures in INR Lakhs unless specified otherwise

IBL Finance Offer News


IBL Finance Valuations & Margins

FY 2021FY 2022FY 2023
EPS(0.07)0.291.15
PE ratio44.35
RONW (%)(3.16)12.029.41
NAV2.132.4212.20
ROCE (%)(3.01)6.3218.88
EBITDA (%)(2.17)21.4230.04
Debt/Equity 0.001.800.00
*Compiled by IPO Central from Prospectus

IBL Finance IPO GMP Today

DateConsolidated IPO GMPKostakSubject to Sauda
Coming soon

IBL Finance IPO Subscription – Live Updates

CategoryNon-retailRetailTotal
Shares Offered3,440,0003,110,0006,550,000
11 Jan 20249.0924.0316.18
10 Jan 20242.7913.717.97
9 Jan 20241.317.034.03

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 Date9 January 2024
IPO Closing Date11 January 2024
Finalization of Basis of Allotment12 January 2024
Initiation of refunds15 January 2024
Transfer of shares to demat accounts15 January 2024
IPO Listing Date16 January 2024
Opening Price on NSE SMEINR 56 per share (up 9.8%)
Closing Price on NSE SMEINR 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[email protected]
Website: 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: +91 22 6263 8200
Email:  [email protected]
Website: 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.

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