31 Mar 2023
Assets27.47
Total Income135.57
EBITDA4.23
Profit After Tax1.83
NET Worth6.13
Reserves and Surplus6.12
Total Borrowing7.40
At a glance
Updated 2026-09-10The shares listed at ₹157.00, a 10.56% move from the issue price. Finbud Financial is a SME IPO with an issue size of ₹71.68 crore, proposed for listing on NSE SME. The offer opens on 6th Nov 2025 and closes on 10th Nov 2025. The issue structure includes a fresh issue of ₹68.09 crore. The current listing schedule points to 13th Nov 2025.
Issue details
Listing atNSE SME
Issue typeBook Build Issue
Issue size₹71.68 Cr
Fresh issue₹68.09 Cr
Face value₹10
Price band₹140.00–₹142.00
Allotment11th Nov 2025
Listing13th Nov 2025
Listing performance
Full performance ↗Issue price₹142.00
Listing price₹157.00
Current price—
Listing gain10.56%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹11.00
GMP / upper price7.75%
Est. listing₹153.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens6th Nov 2025
Closes10th Nov 2025
Allotment11th Nov 2025
Refund12th Nov 2025
Demat12th Nov 2025
Listing13th Nov 2025
Subscription demand
Full bidding ↗QIB4.33×
sHNI3.87×
bHNI7.31×
NII / HNI7.31×
Retail2.80×
Total4.43×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 2000 | ₹284,000 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Working Capital Requirement | ₹20.90 Cr |
| Investment In Wholly Owned Subsidiary i.e. LTCV Credit Pvt.Ltd. | ₹15.00 Cr |
| Funding for business development and marketing activities | ₹17.75 Cr |
| Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company | ₹4.03 Cr |
| General Corporate Purposes | ₹9.54 Cr |
| Issue Expenses | ₹4.46 Cr |
| Total | ₹71.68 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue85.82₹ Cr · -61.6% vs prior year
EBITDA5.87₹ Cr · -60.0% vs prior year
PAT3.33₹ Cr · -60.8% vs prior year
Assets76.12₹ Cr · +10.4% vs prior year
Net Worth39.31₹ Cr · +9.3% vs prior year
Borrowing20.48₹ Cr · +10.6% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets44.97
Total Income190.28
EBITDA10.59
Profit After Tax5.66
NET Worth11.79
Reserves and Surplus11.77
Total Borrowing12.43
31 Mar 2025
Assets68.93
Total Income223.50
EBITDA14.66
Profit After Tax8.50
NET Worth35.98
Reserves and Surplus21.98
Total Borrowing18.51
31 Jul 2025
Assets76.12
Total Income85.82
EBITDA5.87
Profit After Tax3.33
NET Worth39.31
Reserves and Surplus25.31
Total Borrowing20.48
KPIs
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 23.61% |
| ROCE | 32.11% |
| Debt / Equity | 0.51% |
| RoNW | 23.61% |
| PAT Margin | 3.81% |
| EBITDA Margin | 6.57% |
| Price to Book Value | 5.53 |
Valuation & shareholding
Pre-IPO EPS6.07
Post-IPO EPS5.24
Pre-IPO P/E23.4
Post-IPO P/E27.08
Promoter holding pre64.92%
Promoter holding post47.72%
Market cap₹270.50 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Finbud Financial Services IPO | — | 27.08 x | — | — |
| Sodhani Capital IPO | — | 18.55 x | — | — |
| Share Samadhan IPO | — | 23.22 x | — | — |
| My Mudra IPO | — | 15.00 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Working Capital Requirement | ₹20.90 Cr |
| Investment In Wholly Owned Subsidiary i.e. LTCV Credit Pvt.Ltd. | ₹15.00 Cr |
| Funding for business development and marketing activities | ₹17.75 Cr |
| Prepayment or repayment of a portion of certain outstanding borrowings availed by the Company | ₹4.03 Cr |
| General Corporate Purposes | ₹9.54 Cr |
| Issue Expenses | ₹4.46 Cr |
| Total | ₹71.68 Cr |
Registrar & lead managers
Registrar
Skyline Financial Services Pvt.Ltd.Lead managers
- SKI Capital Services Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-10.
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