The Fedbank Financial Services has begun on 22-November-2023. It will close on 24-November-2023. The Total IPO Size is 1,092.26 Crore. The company set its IPO price is 133-140 Rs Per Share. Basically, there are three basic categories in Fedbank Financial Services IPO Subscription 1) Qualified Institutional Buyers 2) Non-Institutional Investors 3) Qualified Institutional Buyers.
Fedbank Financial Services are a retail focused non-banking finance company (“NBFC”) promoted by The Federal Bank Limited.
They 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.
and 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.
They are one among five private bank promoted NBFCs in India.They 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 their total Loan Assets are secured against tangible assets, namely gold or customer’s property.
Fedbank Financial Services Promoters
The Federal Bank Limited is a Promotors of the company.
Fedbank Financial Services IPO Date, Details & Price Band
The Fedbank Financial Services IPO Price Band, IPO Dates, Market lot and other details mention in be below table.
| IPO Opening Dates | 22-November-2023 |
| IPO Closing Dates | 24-November-2023 |
| Price Band | 133-140 Rs |
| Fresh Issue | 600 Crore |
| Offer for Sale | 492.26 Crore |
| Total IPO size | 1,092.26 Crore |
| Minimum bid (lot size) | 107 Shares |
| Face Value | 10 INR Per Share |
| Issue Type | Book Built Issue IPO |
| QIB Allocation | 50% |
| HNI Allocation | 15% |
| Retail Allocation | 35% |
| Listing On | NSE, BSE |
Fedbank Financial Services IPO Market Lot
The Fedbank Financial Services IPO minimum market lot is 107 shares With 14,980 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Retail Minimum | 1 | 107 | 14,980 ₹ |
| Retail Maximum | 13 | 1391 | 1,94,740 ₹ |
Restated Financial Record of the three year (Amt. in Crore)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-23 | 9,070.99 | 1,214.68 | 180.13 |
| 31-Mar-22 | 6,555.71 | 883.64 | 103.46 |
| 31-Mar-21 | 5,466.31 | 697.57 | 61.68 |
Fedbank Financial Services IPO GMP & Grey Market Premium
Fedbank Financial Services IPO GMP Grey market premium has been started today. Check Latest Fedbank Financial Services IPO GMP, Kostak Rates and Subject to Sauda Price here.
Fedbank Financial Services IPO Prospectus
Fedbank Financial Services IPO Prospectus Available on BSE and Sebi Website as well as on our Portal. Please click here to Download Fedbank Financial Services IPO Prospectus.
| DRHP | Download |
| RHP | Download |
Fedbank Financial Services IPO Reviews
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Fedbank Financial Services IPO Form Download
Fedbank Financial Services IPO form Available on NSE, BSE Website as well as on our Portal. Please click here to Download Fedbank Financial Services IPO forms.
Fedbank Financial Services IPO Allotment Date & Details
| Allotment Date | 30-November-2023 |
| Initiation of refunds | 01-December-2023 |
| Transfer of shares to Demat accounts | 04-December-2023 |
| Listing Date | 05-December-2023 |
Registrar of Fedbank Financial Services
Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai 400 083
Maharashtra, India
Tel: +91 810 811 4949
E-mail:
[email protected]
Website: www.linkintime.co.in
Investor Grievance ID:
[email protected]
Contact Person: Shanti Gopalkrishnan
SEBI Registration No.: INR000004058
Fedbank Financial Services Contact Details
Fedbank Financial Services Limited
Kanakia Wall Street,
A Wing 5th Floor, Unit No. 511 Andheri Kurla Road,
Andheri (East) Mumbai 400 093
Phone: +91 22 6852 0601
Email: [email protected]
Website: https://www.fedfina.com/
Fedbank Financial Services IPO Lead Managers
JM Financial Limited
7th Floor, Cnergy
Appasaheb Marathe Marg, Prabhadevi
Mumbai 400 025
Maharashtra, India
Tel: +91 22 6630 3030
E-mail: [email protected]
Website: www.jmfl.com
Investor Grievance E-mail:
[email protected]
Contact Person: Prachee Dhuri
SEBI Registration No.: INM000010361
Equirus Capital Private Limited*
12th Floor, C Wing, Marathon Futurex
N M Joshi Marg, Lower Parel
Mumbai 400 013
Maharashtra, India
Tel: +91 22 4332 0700
E-mail: [email protected]
Website: www.equirus.com
Investor grievance e-mail:
[email protected]
Contact person: Ankesh Jain
SEBI Registration No.: INM000011286
BNP Paribas
1-North Avenue, Maker Maxity
Bandra Kurla Complex, Bandra (E)
Mumbai 400 051
Maharashtra, India
Tel: +91 22 3370 4000
E-mail:
[email protected]
Website: www.bnpparibas.co.in
Investor grievance e-mail:
[email protected]
Contact person: Piyush Ramchandani
SEBI Registration No.: INM000011534
ICICI Securities Limited
ICICI Venture House
Appasaheb Marathe Marg
Prabhadevi
Mumbai 400 025
Maharashtra, India
Tel: +91 22 6807 7100
E-mail: [email protected]
Website: www.icicisecurities.com
Investor grievance E-mail:
[email protected]
Contact Person: Shekher Asnani/Gaurav
Mittal
SEBI Registration No.: INM000011179