Exchanges
BSE, NSE
Industry
Non Banking Financial Company (NBFC)
Issue
Book building

Fedbank Financial Services IPO

₹140.25

+0.18% on listing

Listing-day close · NSE · 30 Nov 2023 · issue price ₹140

Fedbank Financial Services’ ₹1,092 crore IPO was priced at ₹140 a share. It listed on the NSE on 30 Nov 2023 and closed its first day at ₹140.25, up 0.18% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹1,092 Cr
Fresh issue
₹600 Cr
Offer for sale
₹492 Cr
Lot size
107 shares
Minimum investment
₹14,980
Face value
₹10
Registrar
MUFG Intime India

Subscription

Fedbank Financial Services IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.85×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹5,165 Cr
P/E (post-issue)
24.0
EPS (post-issue)
₹5.84
Price to book
3.3
ROE
14.36%
Promoter holding
71.44% → 61.65%

Financials as of 31 Mar 2023, from the offer documents.

Listing

Listing date
30 Nov 2023
Issue price
₹140
Open
₹138.00
High
₹148.25
Low
₹133.00
Close
₹140.25

Listing day on the NSE. The close was +0.18% on the issue price.

FEDFINA share price today

FAQs

When did the Fedbank Financial Services IPO open and close?

It opened on 22 Nov 2023 and closed on 24 Nov 2023.

What was the Fedbank Financial Services IPO price?

The price band was ₹133–140 a share. The final issue price was ₹140.

What is the lot size and minimum investment?

One lot is 107 shares, ₹14,980 at ₹140 a share. Retail investors apply in whole lots.

How much did Fedbank Financial Services raise?

₹1,092 crore: ₹600 crore of new shares and ₹492 crore offered by existing shareholders.

How many times was the Fedbank Financial Services IPO subscribed?

1.85 times overall.

How did Fedbank Financial Services list?

It listed on the NSE on 30 Nov 2023 at ₹138.00 and closed the day at ₹140.25, up 0.18% on the ₹140 issue price.

Who is the registrar of the Fedbank Financial Services IPO?

MUFG Intime India handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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