SBFC Finance reports a **29% net profit increase** in Q1FY27, alongside a **net interest margin (NIM) improvement to 10.68%**. The company also sees growth in income, profit, and assets under management, though gross and net non-performing assets (NPA) rise marginally. Credit costs increase during the quarter.
SBFC Holdings Pte sells a 1.3% stake in SBFC Finance for Rs 112 crore via an open market transaction. The shares were sold at an average price of Rs 82 each. This marks a partial divestment by the company’s promoter group.
SBFC Finance lists on stock exchanges at a **44% premium** above its issue price, marking a strong debut. The company’s shares open for trading after securing investor demand in its initial public offering (IPO). The listing reflects robust market confidence in the financial services firm’s growth prospects.
SBFC Finance’s shares debut at a **44% premium** on Indian exchanges, listing at **₹82** on the NSE and **₹81.99** on the BSE, above their IPO price of **₹57 per share**. The stock trades at its opening price on August 16, marking a strong market reception for the newly listed financial services company.
