SBFC Finance files Rs 1,600-cr IPO papers with Sebi
The OFS will see the sale of shares to the tune of Rs 398.19 crore by Arpwood Partners Investment Advisors LLP, Rs 275 crore by SBFC Holdings Pte Ltd, Rs 97.72 crore by Arpwood Capital Pvt Ltd and Rs 79.08 crore by Eight45 Services LLP.Going by the draft papers, the company may explore a pre-IPO placement aggregating to Rs 150 crore. If such placement is undertaken, the size of the public issue will be reduced.
