IBL Finance Limited

IBL Finance Limited

listed
₹1.02LMin. investment
  1. Bid start
    9 Jan
  2. Bid end
    11 Jan
  3. Allotment
    11 Jan
  4. Release of funds
    15 Jan
  5. Demat transfer
    12 Jan
  6. Listing
    16 Jan

About IBL Finance Limited

Price range₹51.00 – ₹51.00
IPO type
SME
Lot size2000 shares
Issue size₹33.41Cr
RHP/DRHP
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About  IBL Finance Limited

IBL Finance Ltd was Incorporated in August 2017, capital spending of the government in the economy is expected to be supported by factors such as tax buoyancy, the streamlined tax system with low rates, a thorough assessment and rationalisation of the tariff structure, and the digitization of tax filing. In the medium run, increased capital spending on infrastructure and asset-building projects is set to increase growth multipliers, and with the revival in monsoon and the Kharif sowing, agriculture is also picking up momentum. The contact-based services sector has largely demonstrated promise to boost growth by unleashing the pent-up demand over the period of April-September 2022. The sector's success is being captured by a number of HFIs (High-Frequency Indicators) that are performing well, indicating the beginnings of a comeback. India has emerged as the fastest-growing major economy in the world and is expected to be one of the top three economic powers in the world over the next 10-15 years, backed by its robust democracy and strong partnerships.
The Company believes that their digital lending process is the key differentiators driving business growth. Tthey believe that the process of downloading the IBL: Instant Personal Loan App, completing the entire loan application and receiving the approval in under 5 minutes and disbursement of the proceeds of the loan in their bank account is within 24 hours. Their personal loans are repaid on an equal monthly installment basis (“EMI”) over the tenure of the loan.
IBL Finance Limited adopted  an innovative cohort-based approach that segments customers based on a variety of factors including yield, risk, ticket size, and acquisition cost to identify low risk and profitable cohorts. This approach is supplemented with regular customer research and sophisticated data analytics for us to provide tailored products to our customers. We believe that profiling and pricing each borrower is a major driver in creating a profitable lending business.
As IBL Finance Limited prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:
  1. Augmenting our Company’s Tier – I capital base to meet our Company’s future capital requirements, arising out of the growth of our business and asset; and
  2. General corporate purposes
   Here are key details about the IBL Finance Limited IPO:
Company NameIBL Finance Limited Limited Company TypePublic
Company Incorporated On2017

Frequently asked questions

How to invest in the IPO?

Investors can apply for the IPO through their Demat account via the stock exchange or through their broker.

What is the issue size of IBL Finance Limited ?

The issue size of the IBL Finance Limited is 33.4099999 Cr.

What is 'pre-apply' for IBL Finance Limited ?

Pre-applying for an IPO allows you to submit your application before the official subscription period begins.

Which exchanges will IBL Finance Limited shares list on?

The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.