31 Mar 2021
Assets5,466.31
Total Income697.57
Profit After Tax61.68
NET Worth834.73
Reserves and Surplus544.45
Total Borrowing4,328.09
At a glance
Updated 2026-09-16Fedbank Financial Services is a Mainboard IPO with an issue size of ₹1,092.70 crore, proposed for listing on BSE, NSE. The offer opens on 22nd Nov 2023 and closes on 24th Nov 2023. The issue structure includes a fresh issue of ₹600.58 crore and an offer-for-sale component of ₹492.11 crore. The current listing schedule points to 30th Nov 2023.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹1,092.70 Cr
Fresh issue₹600.58 Cr
Offer for sale₹492.11 Cr
Face value₹10
Price band₹133.00–₹140.00
Allotment28th Nov 2023
Listing30th Nov 2023
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listing₹140.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens22nd Nov 2023
Closes24th Nov 2023
Allotment28th Nov 2023
Refund28th Nov 2023
Demat29th Nov 2023
Listing30th Nov 2023
Subscription demand
Full bidding ↗Total2.24×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 107 | ₹14,980 |
Company
Incorporated1995
Use of proceeds
| Object | Amount |
|---|---|
| Augmenting Companys Tier-I capital base to meet Companys future capital requirements | ₹573.91 Cr |
| Issue Expenses | ₹47.50 Cr |
| Total | ₹621.41 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue367.87₹ Cr · -69.7% vs prior year
PAT53.88₹ Cr · -70.1% vs prior year
Assets9,412.51₹ Cr · +3.8% vs prior year
Net Worth1,414.90₹ Cr · +4.4% vs prior year
Borrowing7,619.52₹ Cr · +6.8% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2022
Assets6,555.71
Total Income883.64
Profit After Tax103.46
NET Worth1,153.52
Reserves and Surplus832.00
Total Borrowing5,016.84
31 Mar 2023
Assets9,070.99
Total Income1,214.68
Profit After Tax180.13
NET Worth1,355.68
Reserves and Surplus1,021.52
Total Borrowing7,135.82
30 Jun 2023
Assets9,412.51
Total Income367.87
Profit After Tax53.88
NET Worth1,414.90
Reserves and Surplus1,076.67
Total Borrowing7,619.52
KPIs
| KPI |
|---|
| ROE |
| RoNW |
Valuation & shareholding
Pre-IPO EPS5.60
Pre-IPO P/E25.04
Post-IPO P/E23.97
Promoter holding pre71.44%
Promoter holding post61.65%
Market cap₹5165.06 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Fedbank Financial Services IPO | — | 16.66 x | — | — |
| Gaja Alternative IPO | — | 27.54 x | — | — |
| Turtlemint Fintech IPO | — | - | — | — |
| Onemi Technology IPO | — | 10.84 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Augmenting Companys Tier-I capital base to meet Companys future capital requirements | ₹573.91 Cr |
| Issue Expenses | ₹47.50 Cr |
| Total | ₹621.41 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- ICICI Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-16.
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