Sensex
83,651.96 profit arw 467.16 (0.56%)
Nifty
25,415.80 profit arw 0.00 (0.00%)
Nasdaq
18,013.98 profit arw 440.68 (2.51%)

GET IN TOUCH

GET IN TOUCH

IPO Details


Fedbank Financial Services Ltd
Registered Office: Kanakia Wall Street A Wing, 5th Flr Unit No 511 Andheri(E), Mumbai - 400093, Maharashtra
Phone: 91-22-6852 0601
Email: cs@fedfina.com
Website: www.fedfina.com
Initial public offer of 78,073,810* equity shares of face value of Rs. 10 each (Equity Shares) of Fedbank Financial Services Limited (Company or Issuer) for cash at a price of Rs. 140 per equity share (including a share premium of Rs. 130 per equity share) (Offer Price) aggregating to Rs. 1092.26*^ crores (the Offer) comprising a fresh issue of 42,912,087* equity shares aggregating to Rs. 6,00.00*^ crores (the Fresh Issue) and an offer for sale of 35,161,723* equity shares aggregating to Rs. 492.26* crores (the Offer for Sale), comprising 5,474,670* equity shares aggregating to Rs. 76.65* crores by the Federal Bank Limited (Promoter Selling Shareholder) and 29,687,053* equity shares aggregating to Rs. 415.62* crores by true north fund vi llp (Investor Selling Shareholder, and together with the promoter selling shareholder, the Selling Shareholders, and such equity shares offered by the selling shareholders, the Offered Shares). This offer included a reservation of 769,230* equity shares aggregating to Rs. 10.00^ crores for subscription by eligible employees (the Employee Reservation Portion). The company in consultation with the brlms, offered a discount of Rs. 10 per equity share of the offer price to eligible employee bidding in the employee reservation portion (Employee Discount). The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer constituted 21.16% and 20.95% of the post-offer paid-up equity share capital, respectively. *Subject to finalisation of basis of allotment ^ After employee discount
Issue Money Payable On
Opens On Closes On Application Allotment
22-Nov-2023 24-Nov-2023 140.00 0.00
Minimum Application for shares in Nos : 107 Further Multiples of : 107
()Cr. Lead Managers to the Issue
Project Cost 0.00 BNP Paribas
Project Financed through Current Offer 1,092.26
Post Issue Equity Share Capital 368.99
Issue Price 140.00
Projects
To be Utilised towards Augmentation of the Company's Tier-I Capital base to meet the Company's future Capital requirements
Promoted By
Federal Bank Ltd
Listing At
BSE
NSE
Registrar to the Issue
Link Intime India Pvt Ltd

INDIAN INDICES

Sensex

83,651.96 467.16 (0.56%)

Nifty

25,415.80 0.00 (0.00%)

GLOBAL INDICES

USD

83.95 -0.07 (-0.08%)

NASDAQ

18,013.98 440.68 (2.51%)

HANG SENG

18013.16 353.14(2.00%)