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SBFC Finance Ltd IPO

  • Min. Investment14040/ 260 Shares
  • Min. Quantity260
  • Price Range₹54 - ₹57
  • Date Range03 Aug 23 - 07 Aug 23
  Retail Investor can invest upto Rs 2,00,000 in IPO
  • Application Start Date03 Aug 2023
  • Application End Date07 Aug 2023
  • Allotment begins
  • Refund Initiation Date11 Aug 2023
  • Allotment Date10 Aug 2023
  • Listing On Exchange16 Aug 2023
Registrar Information
  • NameKFin Techologies Ltd
  • Contact no.+91 40 6716 2222 / 7961 1000
  • Email
Company Information

Incorporated in 1983, Kolkata-based Tarsons Products manufactures laboratory products that are used in various research organisations, pharmaceutical companies, academia institutes, hospitals and diagnostic centres.

The company plans to go public and here’s all you need to know about this IPO.

Financial information

Here’s the consolidated financial information for the last three years:

Particulars FY21 FY22 FY23
(Rs Crore)
Revenue 510.38 529.1 734.41
Net Profit 85.01 64.52 149.8
Total Assets 2180.91 1557.65 1361.03
  • Diversified pan-India presence with an extensive network to cater to its target customer segment;
  • 100% in-house sourcing, leading to superior business outcomes;
  • Comprehensive credit assessment, underwriting and risk management framework;
  • Extensive on-ground collections infrastructure leading to maintenance of robust asset quality;
  • Healthy liability franchise with low cost of funds;
  • The risk of non-payment or default by its borrowers may adversely affect the company business, results of operations and financial condition.
  • The company depends on the accuracy and completeness of information provided by its customers and certain third party service providers and its reliance on any erroneous or misleading information may affect its judgement of their creditworthiness, as well as the value of and title to the collateral.
  • The quality of the company portfolio may be impacted due to higher levels of NPAs and its business may be adversely affected if the company is unable to provide for such higher levels of NPAs.
  • The company inability to assess and recover the full value of collateral, or amounts outstanding under defaulted loans in a timely manner, or at all, could adversely affect the company business, results of operations and financial condition.
  • The company require substantial capital for its business and any disruption in the company sources of capital could have an adverse effect on its business, results of operations and financial condition.
  • Leverage our pan-India network to deepen its penetration in its target customer segment.
  • Expand its product portfolio through offering affordable housing finance to its target customer segment, utilising its existing network.
  • Diversify its source of borrowings and improve operating leverage.
  • Utilize technology to drive operational efficiency.
  • Leverage our pan-India network to deepen its penetration in its target customer segment.
What is Pre Apply?

Pre Apply will allow you to apply for an IPO 1-3 days before the bidding period starts. You'll get the UPI payment mandate once the IPO is open.

Learn more about Pre applying
How to Apply?

Select the IPO you want to apply for from the list of open issues. Enter your correct UPI ID and select the investor type. The quantity should be a multiple of the lot size. If you wish to apply at the cut-off price, simply click on the checkbox next to ’Cut-off price’. You will receive an SMS from the NPCI confirming your bid and requesting you to accept the mandate on your UPI app. We have noticed a significant delay in UPI payment SMS/notifications from NPCI. Request you to be patient. Please ignore this message if you’ve accepted the mandate

How to check your IPO allocation status

Tarsons Products allotment status will be available on or around 23 November 2021. The allotted shares will be credited to the demat account by 25 November 2021. We will provide you with the link to check the allocation’s status as soon as the registrar makes it live. This may happen after the IPO is closed (after 17 November 2021).

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