ListedBoard not classifiedFEDFINA

Fedbank Financial Services Limited

Fedbank Financial Services Limited is an IPO raising ₹1,092 Cr at ₹133 – ₹140 a share. It listed on 30 Nov 2023 and trades at ₹151 today, +7.7% against its issue price of ₹140. It was subscribed 2.20× in total.

140
Issue price
151
Price now
+7.7%
Since issue price
30 Nov 2023
Listed on
2.20×Subscribed (final) · all exchanges

2.2 times more demand than shares on offer

populated partly populated we hold nothing here — the tab says why

How its cohort has done

157 issues listed in 2023 that we can price today. This is the group this issue belongs to.

+23.8%
Median return since issue price
44.6%
Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

How the book finished

The category split is the number worth reading, not the total.

QIB3.51×
Non-institutional1.45×
Retail1.82×

QIB: 3.51× their allocation. Non-institutional: 1.45×.

See the full split, sub-category by sub-category →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits
How demand built over timeNo subscription figure was published
Price-point demand curveLive only — NSE stops serving this once bidding closes
Lead managers and registrar4 banks
Official documents5 documents
Performance since listingComputed from our own daily closes

What happens when

22 Nov 2023Bidding opens
24 Nov 2023Bidding closes
29 Nov 2023Allotment finalised — you find out what you got
29 Nov 2023Money refunded to unsuccessful bidders
30 Nov 2023Shares list and start trading

Track FEDBANK FINANCIAL SER L

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

Open the company page

Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.