SSBA Innovations IPO, files DRHP with SEBI for IPO

The technology-driven financial solutions & service company SSBA Innovations IPO will be hit the market Soon. The Company has filed the DRHP of this IPO. According to DRHP, the company wants to raise ₹- crore through IPO. The company will issue fresh shares of ₹- crores through this IPO and will issue shares through offer for sale of 10,50,000 shares.

The company has reserved 75% for QIB, 15% for retail and 10% for NII in this IPO.
SSBA Innovations IPO

■ Update :

  • The Company has filed the DRHP of this IPO dated (01 August 2022).

SSBA Innovations limited is a technology-driven financial solutions and services platform focusing on providing end-to-end financial solutions in the area of tax planning and filing, personal investment advisory and wealth building to individuals, HUF, professionals, firms, and companies registered on our platforms (jointly referred to as the “Users”) in India. The company incorporated on August 14, 2017.

The company first platform, TaxBuddy offers assisted tax (ITR and GST) planning and filing, advisory and IT Notice Management (“Tax Solutions”) and subsequently, company second platform, Finbingo offers financial solutions including planning, advisory and wealth management (“Financial Solutions”).

Read also: Upcoming IPO List 2022

The company Taxbuddy Product an online platform available on mobile app, web browser as well as WhatsApp, which enables our Subscribers to file tax returns (ITR and GST) with the assistance of our tax experts, who are associated with us either as our employees (on permanent as well as temporary basis) or as our external consultants. (“Tax Experts”). The company Tax Solutions include Tax Planing, ITR Filling, Tax Advisory, GST Return, IT Notice Management etc.

Finbingo is an online financial robo advisory platform, available via mobile as well on web browser, offering digital financial planning and mutual fund investment services to our Users in achieving their financial goals. According to Fitch, Robo-advisory market is expected to grow to USD 5.0 trillion by 2025. Finbingo offers various tools like Tax Planner, Wealth Builder, Portfolio Doctor including other financial calculators which users can use by themselves to get immediate financial advice.

Object Of the Issue :

  • User acquisition and business development
  • Technological development
  • General corporate purposes

Company Strengths :

  • Seamless filing services compatible on multiple delivery channels offers ease of access
  • Mobile first approach driving better User engagement and experience
  • In-house full-stack technology capabilities offering security and third party integration
  • Experienced promoters and management supported by a qualified and experienced employee base
  • Subscription plans of our TaxBuddy platform caters to different needs of Subscribers at a reasonably low and affordable cost.
  • One-stop solution for all tax related queries round the year
  • Asset Light Model
  • High level of User satisfaction

SSBA Innovations IPO Review :

■ Coming Soon

SSBA Innovations IPO Date & Price Band & Details :

IPO Open :Update Soon
IPO Close :Update Soon
IPO Size :₹. Cr
Face Value :₹. Equity Share
Price Band :₹ – ₹ Per Share
Listing On :BSE, NSE
Issue Size :₹. Cr
Fresh Issue :₹. Cr
Offer For Sale :₹. Cr
Paytm

SSBA Innovations IPO Market Lot :

SSBA Innovations IPO Minimum Market lot is – Lot with – shares with ₹- Application amount. The retail investors can apply up to – lots with – Shares or ₹- amounts.

Minimum Lot Size : Lot
Minimum Share : Shares
Minimum Amount :₹-
Maximum Lot Size :– Lot
Maximum shares : Shares
Maximum Amount :₹-

SSBA Innovations IPO Shares Offer :

A Total of – shares are to be bid for the public issue by SSBA Innovations IPO with – for Fresh issue and – for offer for sale Shares.

CategoryShares OffersAmount
Fresh issue :
Offer For Sale :
Total :

SSBA Innovations IPO Reservation :

SSBA Innovations IPO Total Reservation of – shares are to be bid for the public issue by SSBA Innovations IPO with – for QIB and – for NII – For RII & – Shares EMP.

CategoryReservationSharesAmount
QIB :75%
NII :15%
RII :10%
EMP :– %₹-
Total :100%
Upstox Referal

SSBA Innovations IPO EPS :

The SSBA Innovations company’s EPS growth is decreasing every year, which is shown to you in the table here.

YearEPS Growth in (Rs.)
2022₹10.73
2021₹3.97
2020₹1.14

SSBA Innovations IPO Peer Comparison PE :

The SSBA Innovations, According to DRHP of the company no listed company is listed whose PE Multiple is shown in this table.

Sr. No.CompanyPE Ratio
1.There are no listed companies in India that are comparable in all aspects of business and services

SSBA Innovations IPO Dates :

SSBA Innovations IPO Date is Announced Soon. The allotment will be finalized on Announced Soon and the IPO may list on Announced Soon.

Open Date :Announced Soon
Close Date :Announced Soon
Allotment Date :Announced Soon
Refund Date :Announced Soon
Share Credit Date :Announced Soon
Listing Date :Announced Soon

SSBA Innovations IPO Form :

There are two ways to apply in SSBA Innovations IPO. You can apply for SSBA Innovations IPO through ASBA available in your bank account. You have to go to your online bank login and select SSBA Innovations IPO in the Invest section and apply through your bank account. Another option is you can apply for SSBA Innovations IPO through IPO form download through NSE and BSE. See the SSBA Innovations IPO Form – Download the NSE Form and BSE Form IPO Form, fill it, and submit it to your bank or your broker.

SSBA Innovations Company Financial Report (millions) :

YearRevenueExpensePAT
2022₹19,728.81₹106,621.18₹88,901.65
2021₹4,556.90₹31,405.69₹27,570.65
2020₹722.92₹5,226.62₹4,655.57
Groww referal

Company Promoters :

■ Sujit Sudhakar Bangar

Quick Link :

■ DRHP Draft Prospectus
■ RHP Draft Prospectus

SSBA Innovations IPO Lead Managers :

Systematix Corporate Services Limited

SSBA Innovations IPO Registrar :

MAS Services Limited
Address: T-34, 2nd floor, Okhla Industrial Area,
Phase II, New Delhi 110 020, Delhi, India.
Telephone: +91 11 26387281/82/83
E-mail: [email protected]
Investor Grievance E-mail: [email protected]
Website: www.masserv.com

Note: Check SSBA Innovations IPO allotment status Visit IPOBAZAR Allotment Page And Search Your Registrar IPO Allotment Link. Click Here

Company Address :

SSBA INNOVATIONS LIMITED
1309, Lodha Supremus Powai,
Saki Vihar Road, Opp. MTNL Office,
Mumbai – 400 072, Maharashtra, India.
Telephone: +91 22 4602 5465
Website: www.ssbainnovations.com

SSBA Innovations IPO FAQs :

What is SSBA Innovations IPO?
SSBA Innovations IPO is Mainboard IPO. They are going to raise ₹. Crores via IPO. The issue is priced at ₹-₹- per equity share. The IPO is to be listed on NSE, BSE.

When SSBA Innovations IPO will open?
The IPO is to open on Announced Soon for QIB, NII & RII.

What is SSBA Innovations IPO Size?
SSBA Innovations IPO size is ₹- Crores.

What is the Fresh issue size of SSBA Innovations IPO?
The Fresh issue size of SSBA Innovations IPO ₹- Cr.

What is the Offer For Sale size of SSBA Innovations IPO?
The Offer For Sale size of SSBA Innovations IPO ₹- Cr.

What is SSBA Innovations IPO Price Band?
SSBA Innovations IPO Price Band is ₹-₹- Per share.

What is SSBA Innovations IPO Minimum and Maximum Lot Size?
The minimum – Shares with ₹- amount while the maximum – shares with ₹-.

What is SSBA Innovations IPO Investors Portion?
The investors’ portion for QIB 75%, NII 15%, RII 10%.

What is SSBA Innovations IPO Allotment Date?
SSBA Innovations IPO allotment date is Announced Soon.

What is SSBA Innovations IPO Listing Date?
SSBA Innovations IPO listing date is Announced Soon. The IPO to list on NSE, BSE.

How to Apply the SSBA Innovations IPO through Zerodha?
Log in to Console in Zerodha Website. Go to Portfolio and Click on IPO. You will see the IPO Name “SSBA Innovations IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the SSBA Innovations IPO through Upstox?
Log in to Upstox Website or app. Go to Portfolio and Click on IPO. You will see the IPO Name “SSBA Innovations IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the SSBA Innovations IPO through Groww?
Log in to Groww Website or app. Now you can see IPOs and Click on IPO. You will see the IPO Name “SSBA Innovations IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

How to Apply the SSBA Innovations IPO through Paytm Money?
Log in to the Paytm Money Website or app. Now you can see Invest is IPOs Section and Click on IPO. You will see the IPO Name “SSBA Innovations IPO”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate.

SSBA Innovations IPO GMP: Click Here

SSBA Innovations IPO Subscription: Click Here

SSBA Innovations IPO Allotment: Click Here

SSBA Innovations IPO Listing: Click Here

All SSBA Innovations IPO-related links are available here. If you want to know the details then click on Click Here Link.

Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.

SSBA Innovations IPO, files DRHP with SEBI for IPO
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