What is the issue size of Fedbank Financial Services IPO?

The issue size of the Fedbank Financial Services IPO is Rs 1,092.26 cr.

What is 'pre-apply' for Fedbank Financial Services IPO?

Pre-apply will alow you to apply for the Fedbank Financial Services IPO 2 days before the subscription period starts.

If I pre-apply for Fedbank Financial Services IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Fedbank Financial Services IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Fedbank Financial Services IPO order is placed?

We will notify you when your Fedbank Financial Services IPO order is placed with the exchange.

What are the open and close dates of the for Fedbank Financial Services IPO?

Fedbank Financial Services IPO will be open between 22 Nov - 24 Nov, 2023.

What is the lot size and minimum order quantity of the Fedbank Financial Services IPO?

Fedbank Financial Services Limited IPO lot size is 107 shares.

What are the allotment dates for the Fedbank Financial Services IPO?

Fedbank Financial Services IPO allotment date is 30 Nov, 2023. For Fedbank Financial Services IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Fedbank Financial Services IPO?

Fedbank Financial Services IPO registrar is Link Intime India Private Ltd. You can check Fedbank Financial Services IPO allotment status on the website of the registrar.

Where is the Fedbank Financial Services IPO getting listed?

The shares are proposed to be listed on BSE and NSE.

Fedbank Financial Services IPO

Fedbank Financial Services Limited

₹14,231 /107 sharesMinimum Investment

Fedbank Financial Services  IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
NSE₹140.00₹138.00-₹2.00 (1.43%)
Fedbank Financial Services  IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
22 Nov ‘23 - 24 Nov ‘23₹14,231107₹133 - ₹140
Issue SizeIPO Doc
1092.26CrRHP PDF
Subscription rate
Qualified Institutional Buyers3.51x
Non-Institutional Investor1.45x
Retail Individual Investor1.82x
Employees1.34x
Total2.2x
About the company
Fedbank Financial Services is a non-banking finance company (NBFC) focusing on the retail sector. It is backed by The Federal Bank Limited.. The company primarily focuses on serving micro, small, and medium enterprises (MSMEs) and self-employed individuals (ESEIs).
The company is headquartered in Mumbai, Maharashtra, and has a wide-reaching presence across India, operating in 16 states and union territories as of March 31, 2023. Its stronghold lies in the Southern and Western regions of the country.
Fedbank Financial Services offers a tailored suite of products to meet customer needs, including mortgage loans like housing loans, small ticket loans against property (LAP), medium ticket LAP, unsecured business loans, and gold loans.
;Founded in
1995
Managing director
Mr. Anil Kothuri
Parent organisation
Fedbank Financial Services Limited
Strength and risksStrengths
Risks
Fedbank Financial Services ranked third in disbursement growth among its peers, with a three-year CAGR of 35% from 2020 to 2023.
With high ratings, CARE gave the company an AA rating for its non-convertible debentures (NCDs) in 2022, while India Ratings and Research Private Limited conferred an AA rating for both NCDs and bank loans in 2018.
In 2023, the top five states accounted for 78.72% of the company’s total assets under management, with the leading three states contributing 54.59% to the AUM. 
As of March 31, 2023, 304 branches have operated for over three years, while 271 have operated for less than three years.
Fedbank Financial Services targets the emerging MSME sector and ESEI consumers, with 85.98% of loan assets secured against tangible assets like gold or property.
Actively monitoring its loan portfolio, Fedbank Financial Services builds a priority sector lending portfolio, allowing for securitization transactions with banks. As of March 31, 2023, the securitized portfolio totaled Rs. 1092.6 crore across leading public and private sector banks.
As of March 31, 2023, cash and cash equivalents and other bank balances amounted to Rs. 94.62 crore.
In 2023, 2022, and 2021, Fedbank Financial Services invested Rs. 25.12 crore in information technology and digital systems.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹133 - 140₹2 Lakh
Employee₹123 - 130₹2 Lakh
High Networth Individual₹133 - 140₹2 - 5 Lakh
For Fedbank Financial Services IPO, eligible investors can apply as Regular & Employee.

Listed On	Issue Price	Listing Price	Listing Gains
NSE	₹140.00	₹138.00	-₹2.00 (1.43%)

Bidding Dates	Min. Investment	Lot Size	Price Range
22 Nov ‘23 - 24 Nov ‘23	₹14,231	107	₹133 - ₹140

Issue Size	IPO Doc
1092.26Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹133 - 140	₹2 Lakh
Employee	₹123 - 130	₹2 Lakh
High Networth Individual	₹133 - 140	₹2 - 5 Lakh

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Qualified Institutional Buyers	3.51x
Non-Institutional Investor	1.45x
Retail Individual Investor	1.82x
Employees	1.34x
Total	2.2x