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

Terms of the issue

The mechanics of what is being sold. Held for every issue we track.

Price band₹133 – ₹140
Cut-off price₹140
Issue size₹1,092 Cr
Shares per lot107
Minimum application₹14,980
Minimum quantity107
Face value₹10
Listing exchanges
ISININE007N01010
Bidding hours10:00 – 17:00 IST
Bidding window22 Nov 2023 – 24 Nov 2023

Not here yet

Valuation against the issuer's named peers, what the fresh money funds, and the anchor-investor allocation come from reading the prospectus, which we do for current and upcoming issues — historical issues will not gain them.