Fedbank Financial Services IPO Date, Price, GMP, Review, Details

Fedbank Financial IPO

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.

Fedbank Financial Services IPO Prospectus Download
DRHP Download
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Fedbank Financial Services IPO Reviews

Angel Broking – Update Soon
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Prabhudas Lilladher – Update Soon

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
Check Allotment Status Click here

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

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