SBFC IPO witnessed an astounding oversubscription of 10 times, a testament to the market's fervent interest in the company's prospects.
A surprising 70% of the IPO allotment was attributed to retail investors, showcasing a growing trend of individual participation in the stock market.
SBFC's employee allotment witnessed an unprecedented oversubscription, reflecting the strong belief in the company's potential among its own staff.
A unique lottery-based system was employed for allocating shares among retail investors, adding an element of unpredictability to the process.
Prominent institutional investors subscribed to a significant portion of the IPO, indicating their confidence in SBFC's long-term prospects.
The IPO garnered substantial interest from investors across diverse geographical locations, reflecting the widespread appeal of SBFC.
A considerable number of investors opted to hold onto their allocated shares, indicating a strong belief in SBFC's future growth.
SBFC organized a unique virtual event to celebrate its successful IPO, inviting all investors to join in the joyous occasion.