Fedbank Financial Services Limited

Fedbank Financial Services Limited

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₹14,980(107 Shares)

Minimum Investment

IPO Dates

Nov 22, 2023 – Nov 24, 2023

Price Band

₹133–140 per equity share

Lot Size

107

Listing

Nov 30, 2023

Listing At

BSE, NSE

Nov 22, 2023Open DateCompleted
Nov 24, 2023Close DateCompleted
TBAAllotment DateUpcoming
Nov 30, 2023Listing DateCompleted

Fedbank Financial Services Limited Live Subscription Details

All IPOs
Retail1.82x
Employee1.34x
QIB3.51x
NIIs
1.45x

NII Sub-Categories

sHNI (< ₹10L)

Bids ₹2L to ₹10L

1.89x

bHNI (> ₹10L)

Bids above ₹10L

1.23x

Overall Subscription

Total Bids Received

2.20x

Fedbank Financial Services Limited IPO Issue Details

Issue Price
₹133-140 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
BSE, NSE
Listing Date
Nov 30, 2023

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)1107₹14,980
Retail (Max)131,391₹1,94,740
sHNI (Min)141,498₹2,09,720
sHNI (Max)667,062₹9,88,680
bHNI (Min)677,169₹10,03,660

Company Information

Fedbank Financial Services Limited provides Gold Loans, Home Loans, Loan Against Property (LAP) and Business Loan Services.Fedbank is a retail-focused non-banking finance company (NBFC), with the seco...

Valuations

RoNW

13.29%

Financial Information (₹ in Crores)

MetricFY 23FY 22FY 21
Total Assets9070.996555.715466.31
Total Revenue1214.68883.64697.57
Profit After Tax180.13103.4661.68
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Augmenting the company's Tier I capital base to meet the company's future capital requirements, arising from the growth of the business and assets.
  2. 2Meeting offer expenses.

Fedbank Financial Services Limited – Promoter(s)

The Federal Bank Limited

Contact Details

Fedbank Financial Services Limited IPO Documents

Frequently Asked Questions — Fedbank Financial Services Limited IPO

The Fedbank Financial Services Limited IPO price band is set at ₹133.00 to ₹140.00 per equity share.

The lot size for Fedbank Financial Services Limited IPO is 107 shares per lot. The minimum investment amount is approximately ₹14,980.

The Fedbank Financial Services Limited IPO opens on Nov 22, 2023 and closes on Nov 24, 2023.

Fedbank Financial Services Limited IPO is expected to be listed on Nov 30, 2023 on BSE, NSE.

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