IPO FAQs

Fedbank Financial Services IPO Frequently Asked Questions (FAQs)

12 months ago
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The Fedbank Financial Services IPO opening date is 22 November, 2023 and close date is 24 Novemeber. 2023. The IPO price band is fixed at Rs 133 to Rs140 Per Share. The company aims to to raise around Rs1092 crores via this IPO.

fedbank-financial-services-ipo

Let us look at some of Frequently Asked Questions regarding this particular IPO.

Fedbank Financial Services IPO FAQs:

Fedbank Financial Services IPO Issue Size and Subscription Status

27,056,603 shares are being offered to retail investors.

CategoryShares OfferedShare Bid ForTotal Amount (Cr)
Qualified Institutional Buyers (QIB)15,460,9165,38,25,280753.55
Non-Institutional Buyers11,595,6871,73,04,575242.26
bNII (bids above ₹10L)1,950,65897,79,800136.92
sNII (bids below ₹10L)9,75,32975,24,775105.35
Retail Investors27,056,6035,07,90,653711.07
Employees813,00810,92,57715.30
Total1,36,54,60567,28,40,364

To check the Live Subscription status, please visit FedBank Financial Service IPO Subscription Status

One can apply to this IPO through demat account. IF you dont have demat account contact your  stock broker.

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “FedBank Financial Services”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.

Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “FedBank Financial Services”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.

Fedbank Financial Services IPO Allotment and Listing

IPO allotment status can be checked here

FedBank Financial shares are getting listed on December 05, 2023

To check the FedBank Financial IPO allotment status - you will need any one for the following documents/numbers

  • PAN Number
  • IPO Application Numbers
  • Demat Account/DP ID number

Yes, You can check if you have got the Flair Writing IPO allotment by calling the broker customer care.

It can also be confirmed through the bank account statement. When you applied for the IPO, the required amount would have been blocked. Now if you got the allotment, the amount would be deducted from the blocked amount. If there is no allotment, the amount would be released from the blocked amont to your bank account.

Fedbank Financial Services IPO GMP and Listing Gain

The estimated listing price of FedBank Financial Services IPO is Rs 140 based on current GMP of Rs0 and IPO price of Rs140. Hence the estimated gain is approx 0%.

FAQs About Fedbank Financial Services IPO Dates and Price:

Fedbank Financial Services IPO timetable / schedule is as below:

  • Bid/Offer Opens On: November 22, 2023
  • Bid/Offer Closes On:  November 24, 2023
  • Finalization of Basis of Allotment: November 28, 2023
  • Initiation of refunds: November 29, 2023
  • Credit of Equity Shares: November 29, 2023
  • Listing Date: December 05, 2023

Use below links to download the Prospectus.

Fedbank Financial Services IPO Draft Red Herring Prospectus (DRHP)

Fedbank Financial Services Red Herring Prospectus

The price band of Fedbank Financial Services IPO is Rs133 to Rs140

The Fedbank Financial Services IPO will close at 5PM of  24 November, 2023.

Read more about Fedbank Financial Services IPO:

Check Below Links If You are Intersted in Other Current and Upcoming IPOs:

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