SBFC Finance shares list at healthy premium. What should investors do?

SBFC Finance shares list at healthy premium. What should investors do?

Shares of SBFC Finance debuted at a healthy premium of 44% on the exchanges in Wednesday’s trade. The stock listed at Rs 82 on NSE over the IPO price of Rs 57 apiece. The stock then went on to rally another 11% in intraday trade, taking the listing day gains to over 60%. Analysts said … Read more

SBFC Finance vs Concord Biotech: Which IPO should you pick?

SBFC Finance vs Concord Biotech: Which IPO should you pick?

The Street is buzzing with IPOs with two of them, SBFC Finance and Concord Biotech, currently open for subscription. While both the issues have received thumbs-up from analysts, they clearly prefer SBFC Finance over the other if investors had to pick one. SBFC Finance IPO, which closes on Monday, is reasonably priced, offering room to … Read more