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FEDFINAEQ / NSE, BSEListed
Fedbank Financial Services

Fedbank Financial Services Limited is a retail-focused NBFC offering Gold Loans, Home Loans, Loans Against Property (LAP), and Business Loans, mainly serving MSMEs and emerging self-employed individuals. It has one of the lowest borrowing costs among peers in FY23, helping it offer competitive lending products. The company provides housing loans, small and medium ticket LAP, unsecured business loans, and gold loans, and uses a “Phygital” model that blends digital technology with doorstep physical service. As of March 31, 2023, Fedbank Financial Services operated 575 branches across 191 districts in 16 states and union territories, with a strong presence in the Southern and Western regions of India.

DRHPANCHOR
₹133 - ₹1402.2x sub
Listed Price₹138.00
Listing Gain-1.43%

IPO Schedule & Timeline

Book Built Issue IPO
Open22 Nov 2023
Close24 Nov 2023
Allotment29 Nov 2023
Listing30 Nov 2023

Quota Reservation & Application Lots

Quota Reservation (% Shares)

Retail2,70,56,603 shares
34.66%
Nii(hni)1,15,95,687 shares
14.85%
QIB3,86,52,290 shares
49.51%
Employees7,69,230 shares
0.99%

Minimum Application Lots

Retail1 Lot (107 shares)
₹14,980
sHNI14 Lots (1,498 shares)
₹2,09,720
bHNI67 Lots (7,169 shares)
₹10,03,660

Company Promoters

The Federal Bank Limited

Company Background

Fedbank Financial Services Limited is a retail-focused NBFC offering Gold Loans, Home Loans, Loans Against Property (LAP), and Business Loans, mainly serving MSMEs and emerging self-employed individuals. It has one of the lowest borrowing costs among peers in FY23, helping it offer competitive lending products. The company provides housing loans, small and m...

Lead Managers & Bankers

ICICI Securities LimitedBnp ParibasEquirus Capital Private LimitedJm Financial Limited

Financial Performance

Figures in ₹ Crores
Metric Breakdown

Revenue

Latest (Mar 2023 )₹1214.68 Cr
Growth+74.1%
Revenue Trend (₹ in Crores)
0.0465.6931.31.4kMar 2021Mar 2022 Mar 2023
PeriodRev (Cr)PAT (Cr)AssetsDebt
Mar 2023 1,214.68180.139,070.997,135.82
Mar 2022 883.64 103.466,555.715,016.84
Mar 2021697.5761.685,466.314,328.09

Key Performance Indicators (KPIs)

PeriodEPSROEROCEP/E (Pre)P/E (Post)
Values5.6014.36%13.29%25.0423.97

Broker & Analyst Reviews

Review Not Available

Institutional broker reviews and analyst reports have not been released for this issue yet. Reviews are typically published 2 to 3 days prior to the issue opening date.

IPO Allotment & Registrar Status

Official Registrar: Link Intime India Private Ltd

Allotment Finalized
Allotment Date
29 Nov 2023
Official Status
Out / Finalized
Registrar
Link Intime India Private Ltd
Listing Date
30 Nov 2023

Official Allotment Verification Links

Official Registrar Portal
Link Intime India Private Ltd

Direct allotment verification on the official registrar portal appointed for Fedbank Financial Services. Check with PAN or Application No.

Check on Registrar Portal
Stock Exchange Portal
BSE India Investor Portal

Official Bombay Stock Exchange investor verification channel using Issue Name and PAN Number.

Check on BSE India

Allotment Schedule & Milestones

IST
1. Allotment Finalization29 Nov 2023Basis of allotment declared
2. Refund Initiation1 day post allotmentUPI / ASBA mandate unblocked
3. Demat CreditPrior to listingShares credited to CDSL/NSDL
4. Listing Date30 Nov 2023Trading commences on exchange

How to Check Fedbank Financial Services Allotment Online

1Open Portal

Click on the official registrar link or BSE portal button above.

2Select Company

Select Fedbank Financial Services from the issue drop-down list.

3Enter Details

Select PAN, Application No., or DP Client ID and type your details.

4View Allocation

Click Submit to check your allotted share count and status.

Prospectus & Official Filings

Official FilingDRHP
Official FilingANCHOR

Allotment FAQs & Help

About Fedbank Financial Services IPO

Complete issue overview for Fedbank Financial Services (FEDFINA) IPO. The issue features an equity share price band of ₹133 – ₹140 per share with a minimum retail lot size of 107 Shares (minimum application amount of ₹14,980). Explore live market tracking on our GMP Tracker, compare against All IPO GMP Today, or view category bidding on the Subscription Page. Verify official allotment via IPO Registrars or review participating investment bankers in our Lead Managers Directory.

Frequently Asked Questions