BCB Finance Ltd. IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| NII (HNI) | — | 1,450,000 (41%) | — | ₹363 Cr |
| Retail | — | 1,450,000 (41%) | — | ₹363 Cr |
| Market Maker | — | 640,000 (18%) | — | ₹160 Cr |
| Σ Total | — | 3,540,000 (100%) | — | ₹8,850 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 4,000 | ₹100,000 |
| Retail (Max) | 13 | 52,000 | ₹1,300,000 |
| S-HNI (Min) | 14 | 56,000 | ₹1,400,000 |
| B-HNI (Min) | 67 | 268,000 | ₹6,700,000 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- 1 To augment our capital base and provide for our fund requirements for increasing our operational scale with respect to our NBFC activities – 7.50
- 2 To Meet the Issue Expenses – 0.70
- 3 To Meet General Corporate Expenses – 0.65
Company Overview
Incorporated in 2005, BCB Finance Ltd is engaged in the business of advancing loans and investing/trading in securities. BCB Finance provides its shareholders to participate in a diverse portfolio of investments and gain access to a defined investment process and the investment experience of the management team.
Company operate as a Non Deposit taking Non-systemically Important Non Banking Finance Company. BCB Finance offer a variety of products and services which includes:
1. Loan against securities where in customers seeking for loan can pledge the share that they hold in dematerialized or physical form against the loan taken. Once the loan is repaid, the pledged securities are released.
2. IPO funding to investors who wish to apply / subscribe in an IPO by granting them loan against shares they to be allotted to them in the IPO.
3. Unsecured loans/ bridge loans to various clients.
Please Note: This Issue is being made in terms of Regulation 106(M)(2) of Chapter XB of SEBI (ICDR) Regulations, 2009, as amended from time to time, whereby, an issuer whose post issue paid up capital is more than 10 crores and upto 25 crores, may issue shares to the public and propose to list the same on the Small and Medium Enterprise Exchange (“SME Exchange”, in this case being the SME Platform of BSE).
BCB Finance Ltd is the first IPO on BSE SME Exchange.