₹ 14980 / 107 shares

IPO Details

Issue Date

22 Nov - 24 Nov'23


₹ 14980

Price Range

133 - 140

Lot Size


IPO Size

₹ 1093.03 Cr

IPO Listing Details

Listing On

30 Nov'23

Issue Price


Listed Price

₹ 138

Retail Gain/Listing Gain


Start date

End date

Allotment of bids

Refund Initiation

Listing on exchange

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All you need to know about Fedbank Financial Services Ltd IPO
Tune in to know more about the company, IPO issue details, future strategies, important financial details, its presence and reach, service portfolio, and much more with Kinjal Parekh!

Fedbank Financial Services Limited stands as a retail-centric non-banking finance company (NBFC) backed by The Federal Bank Limited, distinguishing itself as one of the five NBFCs promoted by private banks in India (Source: CRISIL Report). As of March 31, 2023, it proudly holds the title of the fastest-growing gold loan NBFC within its peer group and boasts the fastest year-on-year growth among gold loan NBFCs in India as of June 30, 2023 (Source: CRISIL Report).

The company is focused on catering to the MSMEs and the emerging self-employed individuals (ESEIs) sector. They offer products designed to align with the diverse needs of their customers, encompassing mortgage loans such as housing loans, small-ticket loans against property (LAP), medium-ticket LAP, unsecured business loans, and gold loans. Demonstrating their prowess, they achieved the third-highest growth in disbursement within the peer set, exhibiting a notable three-year Compound Annual Growth Rate (CAGR) of 35% from fiscal 2020 to 2023 (Source: CRISIL Report).

As of March 31, 2023, their standing is marked by the third fastest Asset Under Management (AUM) growth among NBFCs in the Indian peer set, exhibiting an impressive three-year Compound Annual Growth Rate (CAGR) of 33% from Fiscals 2020 to 2023. Additionally, they boast the fourth fastest year-on-year AUM growth, reaching 42% for the three-month period concluding on June 30, 2023 (Source: CRISIL Report).

The company is present in large, underpenetrated markets with strong growth potential
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Focused on retail loan products with a collateralised lending model targeting individuals and the emerging MSME sector
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Well-diversified funding profile with the advantage of lower cost of funds
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  • The company may face asset-liability mismatches, which could affect liquidity and consequently may adversely affect operations and profitability.
  • The company has had negative cash flows in the past and may continue to have negative cash flows in the future.
  • A significant percent of their gross AUM was located in specific regions. Any adverse developments in these regions could have an adverse effect on the business.
  • Continue to deliver consistent and industry-leading return matrices building on past performance.
  • Focus on the performance of their large branch network and extracting operating leverage.
  • Continue to invest in technology and digitisation initiatives.

Here are the key financials for Fedbank Financial Services Limited:

Particulars (in Rs. million)

Particulars (in Rs. million)

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Top Fedbank Financial Services Ltd IPO FAQs

Fedbank Financial Services Ltd will list on 2023-11-30.

1093.03 is the issue size of Fedbank Financial Services Ltd IPO.

The minimum lot size is 107 shares and the investment required is ₹14980.

The price band of Fedbank Financial Services Ltd IPO is ₹133 to ₹140.

The Fedbank Financial Services Limited IPO has an issue size of Rs. 1,092 crores. The IPO opens for subscription on 22nd November 2023 and closes on 24th November 2023.

Link Intime India Private Limited is the registrar for this IPO.

You may read more about Fedbank Financial Services Limited and its IPO from the company’s red herring prospectus (RHP)

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