Fedbank Financial Services IPO details (22 – 24 Nov), (Price ₹133 to ₹140)
Listing date and Listing Price of Fedbank Financial Services IPO:
- Fedbank Financial Services IPO listed on BSE and NSE exchanges on – Click Here
- Listing Price of Fedbank Financial Services IPO on NSE – Click Here
- Listing Price of Fedbank Financial Services IPO on BSE – Click Here
Grey Market premium (GMP) price of Fedbank Financial Services IPO:
Grey Market premium (GMP) price of Fedbank Financial Services IPO is Rs. __. Grey Market premium (GMP) of Fedbank Financial Services IPO means, unofficially if someone buys or sells his application at a fixed rate irrespective of listing price. Check latest GMP of all IPOs.
Fedbank Financial Services IPO Allotment link status on Link Intime:
- Check the allotment status of Fedbank Financial Services IPO on the below link given by Link Intime.
- Fedbank Financial Services IPO Allotment Link – https://linkintime.co.in/MIPO/Ipoallotment.html
Fedbank Financial Services IPO Allotment link status on Link Intime can be checked by Application No or DP Client ID or PAN.
Fedbank Financial Services IPO subscription status details:
| QIB (Qualified Institl. Bidders) | NIB (Non-institutional Investor) | RII (Retail Individual Investor) | Employee category | Total No. of times applied | |
| No. of shares offered | |||||
| Day 1 | |||||
| Day 2 | |||||
| Day 3 |
Fedbank Financial Services IPO highlights:
| Fedbank Financial Services IPO bid Opens on | 22 Nov 2023 |
| Fedbank Financial Services IPO bid Closes on | 24 Nov 2023 |
| Issue type | 100% Book Building |
| Fedbank Financial Services IPO issue size | ₹ 1092.26 Cr |
| Face value of each equity share | Rs. 10 |
| Fedbank Financial Services IPO Price band | Rs 133 to Rs 140 per share |
| Fedbank Financial Services IPO market lot | 107 equity shares and multiples |
| Fedbank Financial Services IPO minimum order quantity | 107 equity shares |
| Pre IPO equity share of promoters of Fedbank Financial Services | 72.28 % |
| Post IPO paid-up equity share of promoters of Fedbank Financial Services | 62.40 % |
| QIB portion reservation in Fedbank Financial Services IPO | 50 % |
| NIB portion reservation in Fedbank Financial Services IPO | 15 % |
| Retail portion reservation in Fedbank Financial Services IPO | 35 % |
| Retail individual bidder can apply in Fedbank Financial Services IPO | up to 2 lakh (200,000) – Maximum 13 Lot |
| Retail individual discount in Fedbank Financial Services IPO | NA |
| Employees can apply in Fedbank Financial Services IPO | NA |
| Employees Reservation in Fedbank Financial Services IPO | NA |
| Employees Discount in Fedbank Financial Services IPO | NA |
| Listing of Fedbank Financial Services at Exchanges | NSE, BSE |
| Fund raised from Anchor Investors in Pre-IPO of Fedbank Financial Services | NA |
| Registrar of Fedbank Financial Services IPO issue | Link Intime India Private Limited |
Fedbank Financial Services IPO important dates regarding bidding, allotment, listing, refund etc. :
The probable dates regarding bidding, allotment, listing, refund of Fedbank Financial Services IPO are mentioned below.
| Fedbank Financial Services IPO opens on | 22.11.2023 |
| Fedbank Financial Services IPO Closes on | 24.11.2023 |
| Allotment basis date of Fedbank Financial Services IPO | 30.11.2023 |
| Money refund date of Fedbank Financial Services IPO | 01.12.2023 |
| Shares of Fedbank Financial Services in Demat Account | 04.12.2023 |
| Fedbank Financial Services IPO listing date on NSE, BSE | 05.12.2023 |
How much shares of Fedbank Financial Services IPO are being offered?
| Type of Issue (Fresh / OFS) | No. of Equity shares offered | Amount of Equity shares |
| Total Issue size | ₹ 1092.26 Crore | |
| Fresh Issue size | – | ₹ 600.77 Crore |
| Offer for Sale (OFS) | – | ₹ 492.26 Crore |
| Employee Reservation | – | – |
IPO Red Herring Prospectus (RHP) of Fedbank Financial Services:
Click here for IPO RHP of Fedbank Financial Services on SEBI website.
Business of Fedbank Financial Services: (Source – RHP)
We are a retail focused non-banking finance company (“NBFC”) promoted by The Federal Bank Limited. We have 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. (Source: CRISIL Report) As on March 31, 2023, we had the third fastest AUM growth among NBFCs in the peer set in India with a three year CAGR of 33% between Fiscals 2020 and 2023. (Source: CRISIL Report) We are one among five private bank promoted NBFCs in India. (Source: CRISIL Report) We are the fastest growing gold loan NBFC in India among the peer set as of March 31, 2023. (Source: CRISIL Report) As on March 31, 2023, 85.98% of our total Loan Assets are secured against tangible assets, namely gold or customer’s property.
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