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Fedbank Financial Services Limited IPO Subscription Status

📅Offer Date: 22 Nov 2023 – 24 Nov 2023

Minimum investment
₹14,980107 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total2.20x
QIB3.51x
NII1.45x
Retail1.82x

Fedbank Financial Services Limited IPO was subscribed 2.20x in total when bidding closed on 24 Nov 2023, with 3.51x in the QIB category, 1.45x in NII, 1.82x in retail. The issue ran from 22 Nov 2023 to 24 Nov 2023 at a price band of ₹133.00–₹140.00 per share.

QIB3.51xNII1.45xRetail1.82xTotal2.20x1×

Times subscribed by category against the 1× line.

2
≈ 1 in 2 retail allotment
moderate allotment chance

Based on retail subscription (1.82x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs1,54,60,9165,42,67,8153.51x
NIIs1,15,95,6871,68,13,7461.45x
SNIIs (<10L)9,75,32918,43,3721.89x
BNIIs (>10L)19,50,65823,99,3091.23x
Retail2,70,56,6034,92,43,0171.82x
Employee8,13,00810,89,4311.34x
Total5,59,23,66012,30,32,0522.20x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs216.45759.753.51x
NIIs162.34235.391.45x
Retail378.79689.401.82x
Employee11.3815.251.34x
Total768.971699.802.20x

Values derived from share count × issue price (₹140.00)

What this means for allotment & listing

Because Fedbank Financial Services Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

Fedbank Financial Services Limited IPO subscription FAQs