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Fedbank Financial Services Limited IPO

Fedbank Financial Services Limited IPO was engaged in a finance company that helps retail businesses, and They are supported by the Federal Bank Limited. When it comes to borrowing money, they have some of the lowest costs among small and medium-sized enterprises, ranking second and third. They are all about helping small and medium-sized businesses and people who work for themselves. According to a report by CRISIL, not many lending institutions in India are paying attention to this group of self-employed individuals and small businesses. They see this as a big chance for us to grow quickly and reach even more people. They have been around for a while, have a good track record, skilled management, and the support of the "Federal Bank" brand, They have managed to become a strong player in the markets we're in. People trust them—customers, lenders, regulators, and investors alike.

Company Promoters:

•  The Federal Bank Limited

Objects of this Issue:

•  Making sure the company has enough money in reserve for future needs as it grows, so it can handle more business and expand its assets.
•  Meeting offer expenses.

Financial Information of the Company:

	Amount in Million (Rs.)
	As on 31 Mar 2023	As on 31 Mar 2022	As on 31 Mar 2021
Total Assets	90,709.91	65,557.07	54,663.05
Total Liabilities	77,153.09	54,021.89	46,315.71
Net Profit	1,801.33	1,034.59	616.84

Fedbank Financial Services Limited IPO Schedule

1.     Bid or Offer Opens on: 22 November 2023
2.     Bid or Offer Closes on: 24 November 2023
3.     Finalization of BoA: 30 November 2023
4.     Initiation of Refunds: 01 December 2023
5.     Credit of share to Demat account: 04 December 2023
6.     Listing Date: 05 December 2023

Fedbank Financial Services Limited IPO Lot Size

Market lot size of the FEDBANK FINANCIAL SERVICES LIMITED IPO is 1 share. Minimum and Maximum order quantity is as follows:

Company Contact Details:

Fedbank Financial Services Limited IPO

Kanakia Wall Street, A Wing

5th Floor, Unit No. 511

Andheri Kurla Road, Andheri (East)

Mumbai 400 093 Maharashtra, India

Phone:  +9122 6852 0601

Email: cs@fedfina.com

Website: www.fedfina.com

Fedbank Financial Services Limited IPO Registrar Details:

Link Intime India Private Limited

C 101, 1stFloor, 247 Park, L.B.S. Marg, Vikhroli West,

Mumbai 400 083, Maharashtra, India

Phone: +91 81 0811 4949
Email:  indianrenergy@linkintime.co.in

Website: www.linkintime.co.in