IPO Price History
Closed
Fedbank Financial Services Limited logo

Fedbank Financial Services Limited IPO

Mainboard IPOListedFEDFINANSE
Current Market Price (CMP)
₹149.71(+6.94%)
Current Price (CMP)
₹149.71(+6.94%)

Live Market Quote

Listing Price & Gain
₹138(-1.43%)

Day 1 Exchange Open

IPO Issue Price
₹140

Band: ₹133 - ₹140

Total Subscription
2.2x

Overall Bid Demand

Total Issue Size
—

Gross Public Offer

IPO Schedule & Key Dates

IPO Bidding Opens
22 Nov 2023
IPO Bidding Closes
24 Nov 2023
Allotment & Refunds
Completed
Exchange Listing Day
30 Nov 2023

IPO Subscription Status

Breakdown of institutional, high-net-worth, and retail bidding demand

Overall Demand: 2.2x
Investor CategorySubscriptionDemand Scale
Qualified Institutional Buyers (QIB)3.51x
Non-Institutional Investors (NII / HNI)1.45x
Retail Individual Investors (RII)1.82x
Employees Reservation1.34x
Total Subscription2.2x
Updated as on 24-Nov-2023 19:00:00

Listing Day & Return Performance

Listing Day Gain-1.43%
₹140 (Issue) → ₹138 (List)
Per share profit: ₹-2.00
Holding Return (Till Date)+6.94%
₹140 (Issue) → ₹149.71 (CMP)
Net gain per share: +₹9.71
Post-Listing Performance (Listing Day → Today):+8.49%

About Fedbank Financial Services Limited IPO

Fedbank Financial Services Limited is an Indian public offering categorized under the Mainboard segment. The public issue opened for bidding on 22 Nov 2023 and concluded on 24 Nov 2023, offering equity shares to institutional, non-institutional, and retail investors with an indicative price band of ₹133 - ₹140.

During the bidding window, Fedbank Financial Services Limited recorded an overall subscription of 2.2 times. Institutional investors (QIB) subscribed 3.51x, non-institutional high-net-worth investors (NII) subscribed 1.45x, and retail individual investors (RII) bid 1.82x their reserved quota, alongside employee participation of 1.34x.

The equity shares of Fedbank Financial Services Limited officially debuted on the stock exchanges on 30 Nov 2023 at an opening listing price of ₹138, delivering a listing day return of -1.43% (discount) over the final issue price. As per the latest market data, the stock trades at ₹149.71, representing an overall gain of +6.94% since its IPO allotment.

Frequently Asked Questions

What was the issue price or price band of Fedbank Financial Services Limited IPO?
The issue price of Fedbank Financial Services Limited IPO was fixed at ₹140 per equity share. The indicative bidding price band was ₹133 - ₹140.
What were the open, close, and listing dates for Fedbank Financial Services Limited IPO?
Fedbank Financial Services Limited IPO opened on 22 Nov 2023, closed on 24 Nov 2023, listed on 30 Nov 2023.
How much was Fedbank Financial Services Limited IPO subscribed?
The IPO received an overall subscription of 2.2 times. Category-wise, QIBs subscribed 3.51x, NIIs subscribed 1.45x, and Retail investors subscribed 1.82x.
What was the listing price and listing gain of Fedbank Financial Services Limited IPO?
Fedbank Financial Services Limited IPO listed on the stock exchange at ₹138, delivering a listing discount of 1.43% compared to the IPO issue price of ₹140.
Is Fedbank Financial Services Limited IPO a Mainboard or SME IPO?
Fedbank Financial Services Limited IPO is a Mainboard IPO listed on the main exchange of NSE.
What is the current return of Fedbank Financial Services Limited IPO since its IPO?
At the latest market quote of ₹149.71, Fedbank Financial Services Limited IPO has generated an all-time return of +6.94% since its initial public offering.

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