Many Brokers and advisors have provided their review about FebBank Financial Services IPO and here we have complied all of them below. Many have given different ratings for this particular IPO.
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 Reviews:
🚀 Positive Recommendations:
- Anand Rathi, Arihant Capital Markets Ltd, Asit C. Mehta Investment Intermediates Ltd, BP Equities (BP Wealth), and Indsec Securities have all given a “Apply” recommendation.
🤷♂️ Mixed Views:
- Capital Market maintains a “Neutral” stance, suggesting a balanced outlook on the IPO.
🚫 Caution Advised:
- Swastika Investmart Ltd recommends investors to “Avoid” the IPO.
❓ Undecided:
- Axis Capital, Nirmal Bang, SMC Global, and Ventura Securities Limited have chosen to remain on the sidelines with a “Not Rated” status.
Fedbank Financial Services IPO Capital Market Rating
The Captial Market (CapitalMarket.com) rating for Fedbank Financial Services IPO is 44. Their analysis recommends Avoid, however active risk seekers can try for the IPO.
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