SBFC Finance share:

• SBFC Finance Limited is a non-deposit-taking, non-banking financial company (NBFC) headquartered in Chennai, India. It was founded in 1989 and provides loans to small and medium-scale enterprises (SMEs), entrepreneurs, self-employed individuals, and salaried, working professionals.
• The company’s IPO was subscribed 70.16 times on the final day, raising ₹1,025.00 crore. The shares were listed on the BSE and NSE on August 16, 2023, and made a debut at a premium of 44% over the IPO price.
• As of August 18, 2023, the share price of SBFC Finance is ₹89.90. The company has a market capitalization of ₹7,494.60 crore.
• The major investors in SBFC Finance are Abu Dhabi Investment Authority, HDFC Banking and FS Fund, ICICI Prudential Banking and FS Fund, and Amansa Holdings Private Ltd.
• The company’s financial performance has been strong in recent years. It reported a revenue of Rs 740 crore and a profit of Rs 149.7 crore for the year ending March 2023.
• SBFC Finance is well-positioned to grow in the future. The Indian economy is expected to grow at a healthy pace in the coming years, which will create demand for credit from SMEs and other borrowers.

Overall, SBFC Finance is a well-managed NBFC with a strong track record of financial performance. The company is well-positioned to grow in the future and its shares could be a good investment for investors.

Here are some of the risks to consider before investing in SBFC Finance shares:

• The company is exposed to interest rate risk. A rise in interest rates could lead to a decline in the company’s profits.
• The company is also exposed to credit risk. If borrowers default on their loans, the company could suffer losses.
• The company’s shares are relatively illiquid. This means that it may be difficult to buy or sell the shares quickly without affecting the price.

Investors should carefully consider these risks before investing in SBFC Finance shares.