Fedbank Financial Services Limited IPO

Fedbank Financial Services Limited IPO is listed on BSE and NSE, priced at ₹133–₹140 per share. The stock debuted at ₹138. The IPO had a lot size of ₹107 shares and a minimum investment of ₹14,980.

Fedbank Financial Services Limited

Mainboard Listed
₹14,980 (107 Shares)
Minimum Investment
Check Allotment
IPO Dates
Nov 22, 2023 – Nov 24, 2023
Price band
₹133-140 per equity share
Minimum Investment
₹14,980
Issue size
Total ₹1092.26 Cr : #Fresh Issue : [.] shares(aggregating up to ₹600.00 Cr) + #OFS : [.] shares of ₹10(aggregating up to ₹492.26 Cr)
Lot size
107
Allotment Date
Nov 29, 2023
Listing
Nov 30, 2023
Listing At
BSE, NSE

IPO timeline

  1. Nov 22, 2023

    Open Date

    Completed

  2. Nov 24, 2023

    Close Date

    Completed

  3. Nov 29, 2023

    Allotment Date

    Completed

  4. Nov 30, 2023

    Listing Date

    Completed

Price Summary

Last closing
152.98 (9.27%)
52 week high
178.48
52 week low
87.23
Last update

Fedbank Financial Services Limited IPO Essentials

Fedbank Financial Services Limited IPO Details

Fedbank Financial Services Limited IPO is priced at ₹133-140 per share with a total issue size of Total ₹1092.26 Cr : #Fresh Issue : [.] shares(aggregating up to ₹600.00 Cr) + #OFS : [.] shares of ₹10(aggregating up to ₹492.26 Cr). The IPO has a lot size of 107 shares and is listed on BSE and NSE.

Issue price
₹133-140 per equity share
Lot size
107 shares
Face value
₹10 Per Equity Share
Issue size
Total ₹1092.26 Cr :
#Fresh Issue : [.] shares(aggregating up to ₹600.00 Cr) +
#OFS : [.] shares of ₹10(aggregating up to ₹492.26 Cr)
Listing at
BSE, NSE
List price
138.0(NSE)
Listing date
Registrar
Link Intime India Private Ltd
Lead manager
ICICI Securities Limited, Bnp Paribas, Equirus Capital Private Limited, Jm Financial Limited

Fedbank Financial Services Limited IPO Details

  • Retail Portion 35% (Number of Retail Applications: 2,52,686 Approx),
    (Number of S-HNI Applications : 2,578 Approx),
    (Number of B-HNI Applications : 5,157 Approx)

Fedbank Financial Services Limited IPO Documents

Fedbank Financial Services Limited IPO Analytics

Fedbank Financial Services Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.

Fedbank Financial Services Limited IPO Subscription Status

Fedbank Financial Services Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.

The IPO subscription status indicates investor demand across categories.

As on QIB
NII
bHNI
sHNI
Retail Employee Total
Shares Offered / Reserved 15,460,916
11,595,687
1,950,658
975,329
27,056,603 813,008 55,923,660
Day 1 22-11-23 05:00 PM
0.00 x
0.21x
0.26x
0.19x
0.67 x 0.37 x 0.38 x
Day 2 23-11-23 05:00 PM
0.56 x
0.52x
0.69x
0.44x
1.26 x 0.78 x 0.90 x
Day 3 24-11-23 05:00 PM
3.51 x
1.45x
1.23x
1.89x
1.82 x 1.34 x 2.20 x

Fedbank Financial Services Limited Valuations

Earnings

EPS (Post IPO)
₹5.6/-
P/E Ratio
25.04

Returns

RoNW
13.29%

Data sourced from DRHP / RHP • For educational purposes only

Fedbank Financial Services Limited Financials( In Crs.)

31-Mar-23 31-Mar-22 31-Mar-21
Assets 9,070.99 6,555.71 5,466.31
Revenue 1,214.68 883.64 697.57
Profit After Tax 180.13 103.46 61.68

Fedbank Financial Services Limited Company & Offer Insights

About Fedbank Financial Services Limited

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 second lowest cost of borrowing among the micro, small, and medium enterprises (MSMEs), gold loan, and MSME & gold loan peer set in India in Fiscal 2023. The company's clientele comes mainly from the MSME and emerging self-employed individuals (ESEI) sectors.

The company's product range includes mortgage loans such as housing loans; small ticket loans against property (LAP); and medium ticket LAP, unsecured business loans, and gold loans. The company also has a Phygital doorstep model, a combination of digital and physical initiatives, for providing customized services to customers across all the products.

As of March 31, 2023, Fedbank Financial Services has offices in 191 districts in 16 states and union territories in India through 575 branches with a strong presence in Southern and Western regions of India including Andhra Pradesh (including Telangana) and Rajasthan.

Fedbank Financial Services Limited Promoter(s)

The Federal Bank Limited are the company's promoters of Fedbank Financial Services Limited.

Fedbank Financial Services Limited IPO Issue Objectives

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

Fedbank Financial Services Limited IPO - Anchor Investors

Fedbank Financial Services IPO | Company receives Rs 325 crore from anchor investors.

As per the filing to exchanges, total 22 investors participated in the anchor book including Societe Generale, Integrated Core Strategies, Marshall Wace Investment Strategies, Goldman Sachs, Segantii India Mauritius, Copthall Mauritius Investment, and Citigroup Global Markets.

Domestic mutual funds and insurance companies like Nippon Life India, SBI Life Insurance Company, HDFC Mutual Fund, HDFC Life Insurance Company, Bandhan Mutual Fund, Kotak Mahindra Life Insurance Company, Tata AIA Life Insurance Company, Bajaj Allianz Life Insurance Company, and Canara HSBC Life Insurance Company also invested in the company via anchor book.

Contact Information

Frequently Asked Questions

Click any question to reveal the answer

Fedbank Financial Services Limited IPO is a book-built IPO worth ₹Total ₹1092.26 Cr : #Fresh Issue : [.] shares(aggregating up to ₹600.00 Cr) + #OFS : [.] shares of ₹10(aggregating up to ₹492.26 Cr). The price band is ₹133–₹140 per share. The IPO opens on Nov 22, 2023 and closes on Nov 24, 2023. It will be listed on BSE and NSE. Link Intime India Private Ltd is the registrar.

The price band of Fedbank Financial Services Limited IPO is ₹133 to ₹140 per share.

The lot size of Fedbank Financial Services Limited IPO is 107 shares.

The minimum investment for Fedbank Financial Services Limited IPO is approximately ₹14,980 based on the upper price band .

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

The allotment date of Fedbank Financial Services Limited IPO is Nov 29, 2023.

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

Fedbank Financial Services Limited IPO listed on Nov 30, 2023. It was issued at ₹138.0(NSE) and is currently around ₹152.98 as on 14-May-2026 3:30 PM, which is approximately 9.3% versus issue price. The 52-week high is ₹178.48.

Based on listing and post-listing performance, Fedbank Financial Services Limited IPO delivered around 9.3% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.

To buy Fedbank Financial Services Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.

Fedbank Financial Services Limited IPO valuation snapshot: P/E 25.04, EPS ₹5.6/-, P/B N/A, RoNW 13.29%, and market cap N/A.

To apply for Fedbank Financial Services Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.

You can check the live subscription status of Fedbank Financial Services Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.

Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.

If you pre-apply for Fedbank Financial Services Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.

You can check Fedbank Financial Services Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Fedbank Financial Services Limited IPO allotment status on IPO Ji for quick and easy access.