Fedbank Financial Services Limited
| Opening Date | Closing Date | Face Value | Issue Price | Lot Size | Listing At | Total Issue Size | Basis of Allotment | Initiation of Refunds | Credit of Shares to Demat | Listing Date |
|---|---|---|---|---|---|---|---|---|---|---|
| 21-11-2023 | 23-11-2023 | 10 | 133 | 107 Shares | BSE SME | 78,073,810 shares (aggregating up to ₹1,092.26 Cr) | 2023-11-29 18:30:00 | 2023-11-30 18:30:00 | 2023-12-03 18:30:00 | 04-12-2023 |
About The Company
Fedbank Financial Services IPO is a book built issue of Rs 1,092.26 crores. The issue is a combination of fresh issue of 4.29 crore shares aggregating to Rs 600.77 crores and offer for sale of 3.52 crore shares aggregating to Rs 492.26 crores.
Fedbank Financial Services IPO opens for subscription on November 22, 2023 and closes on November 24, 2023. The allotment for the Fedbank Financial Services IPO is expected to be finalized on Thursday, November 30, 2023. Fedbank Financial Services IPO will list on BSE, NSE with tentative listing date fixed as Tuesday, December 5, 2023.
Fedbank Financial Services IPO price band is set at ₹133 to ₹140 per share. The minimum lot size for an application is 107 Shares. The minimum amount of investment required by retail investors is ₹14,980. The minimum lot size investment for sNII is 14 lots (1,498 shares), amounting to ₹209,720, and for bNII, it is 67 lots (7,169 shares), amounting to ₹1,003,660.
Financials
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrow |
|---|---|---|---|---|---|---|
| 29-06-2023 | 9413 | 368 | 54 | 1414.9 | 1076.67 | 7619.52 |
| 30-03-2023 | 9071 | 1215 | 180 | 1355.68 | 1021.52 | 7135.82 |
| 30-03-2022 | 6556 | 884 | 103 | 1153.52 | 832 | 5016.84 |
| 30-03-2021 | 5466 | 698 | 62 | 834.73 | 544.45 | 4328.09 |
IPO Subscription Status
| Category | Subscription Times |
|---|---|
| Anchor Investors | 1 |
| Qualified Institutions | 0.00 |
| Non-Institutional Buyers | 0.19 |
| Employees | 0.35 |
| Total ** | 0.37 |
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 107 | 14980 |
| Retail (Max) | 13 | 1391 | 194740 |
| S-HNI (Min) | 14 | 1498 | 209720 |
| S-HNI (Max) | 66 | 7062 | 988680 |
| B-HNI (Min) | 67 | 7169 | 1003660 |
IPO Listing Details
| Listing Date | 04-12-2023 |
| BSE Script Code | N/A |
| NSE Symbol | N/A |
| ISIN | N/A |
| Final Issue Price | 0 |
Promoter holdings
Federal Bank Limited is the promoter of the company.
Contact Information of the Company
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: cs@fedfina.com
Website: https://www.fedfina.com/
IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: fedbankfinancialservices.ipo@linkintime.co.in
Website: https://linkintime.co.in/mipo/ipoallotment.html
IPO Lead Manager
ICICI Securities Limited Bnp Paribas Equirus Capital Private Limite Jm Financial Limited