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January 9, 2024 - January 11, 2024

IBL Finance IPO FAQ

IBL Finance IPO Date & Price

The IBL Finance IPO opens on January 9, 2024 and closes on January 11, 2024.

IBL Finance IPO timetable / schedule is as below:
  • Bid/Offer Opens On: January 9, 2024
  • Bid/Offer Closes On: January 11, 2024
  • Finalization of Basis of Allotment: January 12, 2024
  • Initiation of refunds: January 15, 2024
  • Credit of Equity Shares: January 15, 2024
  • Listing Date: January 16, 2024

IBL Finance IPO price is set at ₹51 per equity share.

IBL Finance IPO will close for subscription at 5 PM on January 11, 2024. But most brokers stop accepting application between 1 PM to 3 PM.

The IBL Finance IPO starts on January 9, 2024. The issue ends on January 11, 2024.

IBL Finance IPO Issue Size and Subscription Status

The IBL Finance IPO size is 6550000 Equity Shares of ₹10 aggregating up to ₹33.41 Cr.

IBL Finance Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for IBL Finance IPO shares through the banks (using ASBA) or through the broker (using UPI).

IBL Finance IPO Offer Size

Qualified Institutional Buyers (QIB)0 Shares
Non-Institutional Investors (NII)3,110,000 Shares
Retail Individual Investor (RII)3,110,000 Shares
Employee Reservations0 Shares
Other Reservations0 Shares
Total Issue Size6,220,000 Shares

IBL Finance IPO IPO Subscription Status

Qualified Institutional Buyers (QIB) times
Non-Institutional Investors (NII)9.94 times times
Retail Individual Investor (RII)24.03 times times
Employee Reservations times
Other Reservations times
Total Issue Size17.00 times times

Click here to check the IBL Finance IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in IBL Finance IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check IBL Finance IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

IBL Finance IPO Allotment and Listing

The IBL Finance IPO allot status will be available online on January 12, 2024. Check the IBL Finance IPO Allotment Status here.

Click here to check IBL Finance IPO Allotment Status.

IBL Finance IPO listing Date is January 16, 2024. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The IBL Finance IPO listing date and time is published by the exchange in a circular.

Click here to view the IBL Finance IPO Basis of Allotment.

It is hard to say at what price IBL Finance IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The IBL Finance IPO shares will list on January 16, 2024 at NSE SME.

IBL Finance IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about IBL Finance IPO which could help you with questions like IBL Finance IPO buy or not? You should also read IBL Finance IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

IBL Finance IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the IBL Finance IPO performance. The performance reports are available 1 day after listing.