What is the issue size of Fedbank Financial Services IPO?

The issue size of the Fedbank Financial Services IPO is Rs 1,092.26 cr.

What is 'pre-apply' for Fedbank Financial Services IPO?

Pre-apply will alow you to apply for the Fedbank Financial Services IPO 2 days before the subscription period starts.

If I pre-apply for Fedbank Financial Services IPO, when will my order get placed?

Your order will be placed on the exchange as soon as the Fedbank Financial Services IPO bidding starts. You will receive a UPI request within 24 hours after the bidding period opens.

When will I know if my Fedbank Financial Services IPO order is placed?

We will notify you when your Fedbank Financial Services IPO order is placed with the exchange.

What are the open and close dates of the for Fedbank Financial Services IPO?

Fedbank Financial Services IPO will be open between 22 Nov - 24 Nov, 2023.

What is the lot size and minimum order quantity of the Fedbank Financial Services IPO?

Fedbank Financial Services Limited IPO lot size is 107 shares.

What are the allotment dates for the Fedbank Financial Services IPO?

Fedbank Financial Services IPO allotment date is 30 Nov, 2023. For Fedbank Financial Services IPO allotment status check, you can visit the website of the registrar of the IPO.

Who is the registrar of Fedbank Financial Services IPO?

Fedbank Financial Services IPO registrar is Link Intime India Private Ltd. You can check Fedbank Financial Services IPO allotment status on the website of the registrar.

Where is the Fedbank Financial Services IPO getting listed?

The shares are proposed to be listed on BSE and NSE.

Fedbank Financial Services IPO

Fedbank Financial Services Limited

₹14,231 /107 sharesMinimum Investment

Fedbank Financial Services IPO Listing DetailsListed OnIssue PriceListing PriceListing Gains
NSE₹140.00₹138.00-₹2.00 (1.43%)
Fedbank Financial Services IPO DetailsBidding DatesMin. InvestmentLot SizePrice Range
22 Nov ‘23 - 24 Nov ‘23₹14,231107₹133 - ₹140
Issue SizeIPO Doc
1092.26CrRHP PDF
Subscription Status As on 24 Nov '23, 5:15 PMQualified Institutional Buyers
3.51x
Non-Institutional Investor
1.45x
Retail Individual Investor
1.82x
Employees
1.34x
Total
2.20x
About Fedbank Financial ServicesFedbank Financial Services is a non-banking finance company (NBFC) focusing on the retail sector. It is backed by The Federal Bank Limited.. The company primarily focuses on serving micro, small, and medium enterprises (MSMEs) and self-employed individuals (ESEIs).
The company is headquartered in Mumbai, Maharashtra, and has a wide-reaching presence across India, operating in 16 states and union territories as of March 31, 2023. Its stronghold lies in the Southern and Western regions of the country.
Fedbank Financial Services offers a tailored suite of products to meet customer needs, including mortgage loans like housing loans, small ticket loans against property (LAP), medium ticket LAP, unsecured business loans, and gold loans.
;
Parent Organisation
Fedbank Financial Services Limited
Founded
1995
Managing Director
Mr. Anil Kothuri
Strengths & Risks
Fedbank Financial Services ranked third in disbursement growth among its peers, with a three-year CAGR of 35% from 2020 to 2023.
With high ratings, CARE gave the company an AA rating for its non-convertible debentures (NCDs) in 2022, while India Ratings and Research Private Limited conferred an AA rating for both NCDs and bank loans in 2018.
In 2023, the top five states accounted for 78.72% of the company’s total assets under management, with the leading three states contributing 54.59% to the AUM. 
As of March 31, 2023, 304 branches have operated for over three years, while 271 have operated for less than three years.
Fedbank Financial Services targets the emerging MSME sector and ESEI consumers, with 85.98% of loan assets secured against tangible assets like gold or property.
Actively monitoring its loan portfolio, Fedbank Financial Services builds a priority sector lending portfolio, allowing for securitization transactions with banks. As of March 31, 2023, the securitized portfolio totaled Rs. 1092.6 crore across leading public and private sector banks.
As of March 31, 2023, cash and cash equivalents and other bank balances amounted to Rs. 94.62 crore.
In 2023, 2022, and 2021, Fedbank Financial Services invested Rs. 25.12 crore in information technology and digital systems.
Fedbank Financial Services relies significantly on the assets under management generated by its gold loan products. The potential loss of business related to these gold loan products poses a risk that could negatively impact the company's overall business and future prospects.
A substantial concentration of loans towards emerging self-employed individuals (ESEI) and micro, small, and medium enterprises (MSME) poses the risk of non-payment or default, which could adversely affect the company's financial condition, operational results, and overall business.
As of March 31, 2023, Fedbank Financial Services’ total borrowings amounted to Rs. 7135.8 crore. 
As of March 31, 2023, the company's operations are primarily concentrated in two states in western India, four states, and one union territory in southern India, and one union territory in northern India. Any unfavorable developments in these regions have the potential to adversely affect the company's business and operational results.
The company's ability to maintain its capital adequacy ratio is crucial. A failure to do so could adversely affect its business, operational results, and overall financial performance.
Fedbank Financial Services and its promoter are currently facing pending litigation. Unfavorable decisions in these legal proceedings may expose the company and its promoter to liabilities and penalties, potentially harming the company's business, cash flows, and reputation.
Fedbank Financial Services has experienced negative cash flows in the past, and continued negative cash flows are possible. 
Additionally, Fedbank Financial Services has certain contingent liabilities that, if realized, could adversely affect its financial condition, cash flows, and operational results.
Financials
*All values are in Rs. Cr
No Graph Data To Display
Application detailsApply asPrice bandApply upto
Regular₹133 - 140₹2 Lakh
Employee₹123 - 130₹2 Lakh
High Networth Individual₹133 - 140₹2 - 5 Lakh
For Fedbank Financial Services IPO, eligible investors can apply as Regular & Employee.

Listed On	Issue Price	Listing Price	Listing Gains
NSE	₹140.00	₹138.00	-₹2.00 (1.43%)

Bidding Dates	Min. Investment	Lot Size	Price Range
22 Nov ‘23 - 24 Nov ‘23	₹14,231	107	₹133 - ₹140

Issue Size	IPO Doc
1092.26Cr	RHP PDF

Apply as	Price band	Apply upto
Regular	₹133 - 140	₹2 Lakh
Employee	₹123 - 130	₹2 Lakh
High Networth Individual	₹133 - 140	₹2 - 5 Lakh

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
Contact Us
PRODUCTS
StocksFutures & OptionsIPOMutual FundsCreditBill Payments
GROWW
About UsPricingBlogMedia & PressCareersHelp and Support
QUICK LINKS
AMC Mutual FundsCalculatorsGlossaryOpen Demat AccountGroww DigestSitemap
ⓒ 2016-2023 Groww. All rights reserved, Built with ♥in India

ABOUT GROWW

Groww is India’s growing financial services platform where users can find their investment solutions pertaining to mutual funds, stocks, US Stocks, ETFs, IPO, and F&Os, to invest their money without hassles.

Groww objectively evaluates stocks and mutual funds and does not advise or recommend any stocks, mutual funds or portfolios. Investors shall invest at their own discretion, will and consent. Groww, at any time, does not guarantee fixed returns on the capital invested.

Groww helps investors -

· By providing 100% paperless online free Demat and trading account opening

· By providing an objective evaluation of products available on the platform

· By being transparent about fees and charges involved while investing in a product

· By offering decision-making assistance by providing technical analysis with advanced charts, well-designed line & candlestick charts that indicate share price movements, and market indices, along with more details about all registered and listed companies

SECURE TRANSACTIONS ON GROWW

All transactions on Groww are safe and secure. Users can invest through SIP or Lumpsum using Netbanking through all supported banks. It uses BSE Star MF (with Member code 11724) as transaction platform.

TRADE AND INVEST SECURELY WITH GROWW

Stocks, Mutual fund investments, F&Os, etc., are very popular with individual investors because of their numerous benefits. On Groww, an investor can -

- Invest in Nifty 50 (NSE) & Sensex (BSE) listed stocks

- Diversify across multiple stocks and other instruments

- Start SIP with any amount (as low as Rs. 500)

- Switch regular funds to direct funds

- Start automated monthly investments (SIP), and benefit from many more features

All type of mutual funds are available on Groww.

INVESTING IN MUTUAL FUND PORTFOLIOS

Portfolio is collection of mutual funds designed to meet your investment goals. Investing in mutual fund portfolios helps you in diversifying your investments and reduces the risk. Portfolios also help you in assigning an investment goals and make it easy for you to save for and achieve your goals. You can create a portfolio yourself or ask an expert to build it for you.

ATTENTION INVESTORS

1. For Stock Broking Transaction 'Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day...Issued in the interest of Investors.

2. For Depository Transaction 'Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL/NSDL on the same day...Issued in the interest of investors.

3. KYC is a one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

4. If you are subscribing to an IPO, there is no need to issue a cheque. Please write the Bank account number and sign the IPO application form to authorize your bank to make payment in case of allotment. In case of non allotment the funds will remain in your bank account.

· Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website.

· Awareness regarding guidelines on Margin collection

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

Issued in the interest of Investors

DISCLAIMER

NextBillion Technology Private Limited (CIN: U65100KA2016PTC092879) is a member of NSE & BSE with SEBI Registration no: INZ000301838, Depository Participant of CDSL Depository with SEBI Registration no: IN-DP-417-2019 and Mutual Fund distributor with AMFI Registration No: ARN-111686. Registered office and Correspondence office - No.11, 2nd floor, 80 FT Road, 4th Block, S.T Bed, Koramangala, Bengaluru – 560034. For any grievances related to Stock Broking/DP, please write to [email protected] , please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI.

Procedure to file a complaint on SEBI SCORES: Register on the SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID. Benefits: Effective Communication, Speedy redressal of the grievances.

NextBillion Technology Private Limited makes no warranties or representations, express or implied, on products offered through the platform. It accepts no liability for any damages or losses, however caused, in connection with the use of, or on the reliance of its product or related services. Unless otherwise specified, all returns, expense ratio, NAV, etc are historical and for illustrative purposes only. Future will vary greatly and depends on personal and market circumstances. The information provided by our blog is educational only and is not investment or tax advice.

Mutual fund investments are subject to market risks. Please read all scheme related documents carefully before investing. Past performance of the schemes is neither an indicator nor a guarantee of future performance.

Terms and conditions of the website/app are applicable. Privacy policy of the website is applicable.