Fedbank Financial Services Ltd

Fedbank Financial Services Ltd IPO

IPO Price Range: ₹133 - 140

Fedbank Financial Services Limited is a retail focused non-banking financial company promoted by The Federal Bank Limited. The Company is focused on catering to the micro, small and medium enterprises and emerging self-employed individuals sectors. It has a well-tailored suite of products targeted to match its customers needs, which includes mortgage loans such as housing loans; small ticket loan against property; and medium ticket loan against property, unsecured business loans, and gold loans. Its mortgage loans, gold loans and our unsecured business loans had assets under management of Rs. 47,024.46 million, Rs. 31,241.72 million and Rs. 14,872.49 million as on June 30, 2023.

Min Investment

₹14,980

IPO Size

₹1,092 Cr

IPO Status

Closed

Quantity in 1 Lot

107

Max Bid allowed

13

Listing Exchange

NSE

IPO Application Timeline of Fedbank Financial Services Ltd

Open Date22 Nov 2023
Close Date24 Nov 2023
Allotment Date30 Nov 2023
Listing Date5 Dec 2023

Key Statistics

Bid Opening DateBid Opening Date22 Nov 2023
Bid Closing DateBid Closing Date24 Nov 2023
Allotment DateAllotment Date30 Nov 2023
Issue SizeIssue Size₹1,092.26Cr
Quantity in 1 lotQuantity in 1 lot107

About Fedbank Financial Services Ltd

OrganisationFedbank Financial Services Ltd
HeadquartersMumbai
IndustryFinance

Frequently Asked Questions

  • What is the size of the Fedbank Financial Services Ltd IPO?

    The size of the Fedbank Financial Services Ltd IPO is ₹1,092.26Cr .

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

    'Pre-apply' for Fedbank Financial Services Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Fedbank Financial Services Ltd IPO order be placed?

    Your Fedbank Financial Services Ltd IPO order will be placed on 22 Nov 2023.

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

    The open and close dates of the Fedbank Financial Services Ltd IPO are 22 Nov 2023 to 24 Nov 2023.

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

    The lot size and minimum order quantity of the Fedbank Financial Services Ltd IPO are 107 and 107 respectively.

  • What would be the listing gains on the Fedbank Financial Services Ltd IPO?

    The potential listing gains on the Fedbank Financial Services Ltd IPO will depend on various market factors and cannot be predicted with certainty.