IPO Trending
IBLFLSME / NSEListed
IBL Finance

Incorporated in August 2017, IBL Finance Limited is a fintech-based financial services platform that leverages technology and data science to streamline the lending process. Through its mobile app, the company offers instant personal loans of up to ₹50,000, with approvals possible in under three minutes via a fully digital process. As of March 31, 2023, IBL Finance has disbursed 1,63,282 personal loans totaling ₹7,105.44 lakhs, with its app recording 381,156 logins in 2023 and an average of 27,969 monthly active users. The company operates seven branches across major cities in Gujarat and Maharashtra and utilizes advanced underwriting algorithms analyzing over 500 data points to generate credit reports. As of June 30, 2023, IBL Finance employs 81 full-time employees.

DRHP
₹51 - ₹5117.04x sub
Listed Price₹56.00
Listing Gain+9.80%

IPO Schedule & Timeline

Fixed Price Issue IPO
Open09 Jan 2024
Close11 Jan 2024
Allotment12 Jan 2024
Listing16 Jan 2024

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail31,10,000 shares
47.48%
Nii(hni)31,10,000 shares
47.48%
Market Maker3,30,000 shares
5.04%

Minimum Application Lots

Retail1 Lot (2,000 shares)
₹1,02,000
HNI2 Lots (4,000 shares)
₹2,04,000

Company Promoters

Manish PatelPiyush PatelMansukhbhai Patel

Company Background

Incorporated in August 2017, IBL Finance Limited is a fintech-based financial services platform that leverages technology and data science to streamline the lending process. Through its mobile app, the company offers instant personal loans of up to ₹50,000, with approvals possible in under three minutes via a fully digital process. As of March 31, 2023, IBL ...

Lead Managers & Bankers

Fedex Securities Private Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Jul-23 )₹492.58 Cr
Growth+337.5%
Revenue Trend (₹ in Crores)
0.0511.01.0k1.5kMar-21Mar-22Mar-23 Jul-23
PeriodRev (Cr)PAT (Cr)AssetsDebt
Jul-23 492.58120.602,317.607.51
Mar-23 1,333.13192.832,218.119.12
Mar-22327.0842.731,022.85640.58
Mar-21112.59-9.88339.100

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values09.41%18.88%00

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Bigshare Services Private Limited

Allotment Finalized
Allotment Date
12 Jan 2024
Official Status
Out / Finalized
Registrar
Bigshare Services Private Limited
Listing Date
16 Jan 2024

Official Allotment Verification Links

Official Registrar Portal
Bigshare Services Private Limited

Direct allotment verification on the official registrar portal appointed for IBL Finance. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization12 Jan 2024Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date16 Jan 2024Trading commences on exchange

How to Check IBL Finance Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select IBL Finance from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP

Allotment FAQs & Help

About IBL Finance IPO

Complete issue overview for IBL Finance (IBLFL) IPO. The issue features an equity share price band of ₹51 per share with a minimum retail lot size of 2000 Shares (minimum application amount of ₹1,02,000). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions