Fedbank Financial Services IPO is a Book Building IPO listing on BSE,NSE exchange, with an ipo size of ₹ 1092.26 Cr. The company is based in Mumbai and caters to Banking And Finance sector. Bnp Paribas , Equirus Capital , ICICI Securities , Jm Financial are the merchant bankers of Fedbank Financial Services IPO. It is a MainBoard IPO which filed its Draft Red Herring Prospectus (DRHP) on 18th February 2022.
Fedbank Financial Services IPO open date is 22nd November 2023 and close date is 24th November 2023. IPO Allotment Date is 28th November 2023 and Listing date is 30th November 2023.Fedbank Financial Services IPO size is ₹ 1092.26 Cr. with IPO price of ₹ 140.00. IPO subscription will start on IPO open date and end on IPO close date as per above. IPO valuation metrics can be seen here.
Bnp Paribas is the book-running lead manager of the Fedbank Financial Services IPO. Link Intime India Private Limited is the Registrar for Fedbank Financial Services IPO.
Fedbank Financial Services IPO Draft red herring prospectus (DRHP) and Red Herring prospectus (RHP) are available below.
Fedbank Financial Services IPO, based in Mumbai, operates in the Banking And Finance sector with a focus on financial services. The company is launching its MainBoard IPO on the BSE,NSE exchange, using the Book Building Issue method. Fedbank Financial Services IPO size is ₹ 1092.26 Cr. with fresh issue size of ₹ 600.77 Cr. and Offer for sale being ₹ 491.49Cr.
The IPO allotment date for Fedbank Financial Services IPO is expected to be 28th November 2023, after the finalization of basis of allotment. Investors can check Fedbank Financial Services IPO allotment status on the registrars website, Link Intime India Private Limited . Fedbank Financial Services IPO refund dates are 28th November 2023.
Fedbank Financial Services IPO is expected to be listed on 30th November 2023.
The upper price band for the Fedbank Financial Services IPO is set at ₹ 140.00 per equity share. IPO price band is arrived at on the basis of IPO Valuation (P/E multiple) which is mentioned in the RHP.
For IPO analysis on Fedbank Financial Services IPO, explore our Financial Review Page for insights on fundamentals, peer analysis, and key IPO data, assisting investors to make informed decisions to apply or not.
To apply for the Fedbank Financial Services IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of 24th November 2023. After submission, funds are blocked until the basis of allotment of Fedbank Financial Services IPO is finalised.
The merchant banker for Fedbank Financial Services IPO is Bnp Paribas , Equirus Capital Private Limited , ICICI Securities Limited , Jm Financial Limited . Bnp Paribas , Equirus Capital Private Limited , ICICI Securities Limited , Jm Financial Limited manages the IPO process, including underwriting, regulatory compliance, and investor coordination. Investors can refer to the Fedbank Financial Services IPO RHP for further details.
The registrar for Fedbank Financial Services IPO is Link Intime India Private Limited . Investors can go to Link Intime India Private Limited registrar website for IPO allotment status, refund processing, and other queries related to Fedbank Financial Services IPO through their official website or helpline.
Fedbank Financial Services IPO was subscribed 2.24 times. Stay updated on IPO details, subscription, and allotment news for informed investment decisions.
Fedbank Financial Services IPO may offer opportunites, depending on your investment strategy. For in-depth analysis, risk factors, and KPIs, check our detailed report on Fedbank Financial Services Financial Review Page
Merchant Banker(s) of Fedbank Financial Services IPO: Bnp Paribas , Equirus Capital Private Limited , ICICI Securities Limited , Jm Financial Limited
Fedbank Financial Services IPO subscription was 2.24 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.
Fedbank Financial Services IPO listed at a listing price of 140.00 against the offer price of 140.00.
The current market price of Fedbank Financial Services is 104.09.
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