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Open
22 Nov 2023
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Close
24 Nov 2023
3
Allotment
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Listing
Thu, Nov 30, 2023
Price Band
₹133 to ₹140
Issue Size
7,80,42,871 shares (agg. up to ₹1,092 Cr)
Lot Size
107 Shares
Listing Date
Thu, Nov 30, 2023
Latest GMP
₹0
Est. Gain
0%
✦ AI Insight
GMP Trend
30-11-2023₹0Est. ₹140+0%
29-11-2023₹0Est. ₹140+0%
28-11-2023₹0Est. ₹140+0%
Live Subscription
| Category | Subscription (times) |
|---|---|
| Total | 1.85x |
Restated Financials (₹ Cr.)
| Period Ended | 30 Jun 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
|---|---|---|---|---|
| Assets | 9,412.51 | 9,070.99 | 6,555.71 | 5,466.31 |
| Total Income | 367.87 | 1,214.68 | 883.64 | 697.57 |
| Profit After Tax | 53.88 | 180.13 | 103.46 | 61.68 |
| NET Worth | 1,414.90 | 1,355.68 | 1,153.52 | 834.73 |
| Reserves and Surplus | 1,076.67 | 1,021.52 | 832.00 | 544.45 |
| Total Borrowing | 7,619.52 | 7,135.82 | 5,016.84 | 4,328.09 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| SBFC Finance Ltd. | Mainboard | ₹1,025.00 Cr | ₹57 | 40.42 | ₹92.20 | +61.75% | ₹93.94 (+0.40%) |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Augmenting our Company’s Tier –I capital base to meet our Company’s future capital requirements |
About Fedbank Financial IPO
Incorporated in 1995, Fedbank Financial Services Limited a subsidiary of The Federal Bank Limited, provides Gold Loans, Home Loans, Loan Against Property (LAP), and Business Loan Services. The company's product range includes mortgage loans such as housing loans; small ticket loans against property (LAP); medium ticket LAP, unsecured business loans, and gold loans. The company also has a Phygital doorstep model, a combination of digital and physical initiatives, for providing customized services to customers across all the products. The company is headquartered in Mumbai, Maharashtra. As of June 30, 2023, Fedbank Financial Services has covered 190 districts in 17 states and union territories in India through 584 branches. As of June 30, 2023, the company has employed 3,732 personnel across the 584 branches. As of June 30, 2023, the outstanding borrowings were ₹ 31,098.36 million from private sector banks, ₹ 28,320.72 million from public sector banks, ₹ 2,046.87 million from an NBFC, ₹ 1,500.00 million from a foreign bank, and ₹ 13,229.09 million from other entities.+ Read More
Contact Details
Fedbank Financial Services Ltd. AddressKanakia Wall StreetA Wing 5th Floor, Unit No.511 Andheri Kurla RoadAndheri (East)Mumbai, Maharashtra, 400093+91 22 6852 0601cs@fedfina.comVisit Website