SBFC Finance Ltd

(SBFC)

SBFC Finance Ltd was originally incorporated on January 25 2008 as a Private Limited Company with the name MAPE Finserve Private Limited issued by the Registrar of Companies Maharashtra at Mumbai. The Board approved the change in the name of Company from MAPE Finserve Private Limited to Small Business Fincredit India Private Limited dated July 3 2017 which got approved by Shareholders through their resolution dated August 24 2017. Thereafter Board of the Company approved the change in the name of Company from Small Business Fincredit India Private Limited to SBFC Finance Private Limited dated October 24 2019. Subsequently Company converted into a Public Company and consequently the name was changed from SBFC Finance Private Limited to SBFC Finance Limited of the Company on September 23 2022 and a fresh Certificate of Incorporation dated September 30 2022 was issued by the RoC.SBFC provides financing opportunities to business owners who are underserved by traditional banks. The Company is a systematically important nondeposit taking nonbanking finance company NBFCNDSI offering Secured MSME Loans and Loans against Gold with a majority of their borrowers being entrepreneurs small business owners selfemployed individuals salaried and working class individuals. Among MSMEfocused NBFCs in India the Company has one of the highest assets under management AUM growth at a CAGR of 40 in the period from Fiscal 2019 to Fiscal 2022. Loan servicing is the process by which a lender collects interest principal and escrow payments from a borrower. Their loans are designed for the diverse needs of entrepreneurs and MSMEs in India. In addition to providing loans direct to customers SBFC offers specialist change LMS to third party financial institutions. SBFCs LMS clients benefit from their experienced customer care team managing statements of accounts SOA repayment schedules interest certificates and other vital administrative processes on their behalf. Apart from these the Company handles the porting of repayment modes NACH/ECS and can transfer equated monthly instalments EMIs between accounts. For delinquent loans it provide complete support to clients including phone calls SMS outreach and field visits. Moreover SBFCs loan Management Service initiates and executes all legal cases relating to delinquent and nonperforming asset NPA accounts. As of June 30 2022 the Company had an expansive footprint in 104 cities spanning 16 Indian states and two union territories with 135 branches.The Company is planning to come out with a Public Issue aggregating to Rs. 1600 crores through Fresh Issue amounting to Rs. 750 crores and Offer for Sale amounting to Rs. 850 crores..

Share Price: ₹87.03 per share as on 26 Dec, 2024 04:01 PM
Market Capitalisation: ₹9,271.58Cr as of today
Revenue: ₹314.51Cr as on September 2024 (Q3 24)
Net Profit: ₹84.16Cr as on September 2024 (Q3 24)
Listing date: 16 Aug, 2023
Chairperson Name: NEERAJ SWAROOP