Fedbank Financial Services (FedFina) IPO
Gold Loan NBFC / Retail Finance - Listed on 30 November 2023
Fedbank Financial Services (FedFina) IPO listing summary
Fedbank Financial Services (FedFina) (Gold Loan NBFC / Retail Finance) closed its IPO window in 2023 and listed on NSE and BSE on 30 November 2023 at an upper band issue price of Rs 140, opening at Rs 138 for a listing gain of -1.4% and closing day one at Rs 140.25 (+0.2% on closing basis). The IPO was subscribed 2.20x overall - QIB 3.51x, HNI/NII 1.45x, Retail 1.82x. The total issue size was Rs 1,092.26 Cr (Fresh Issue Rs 600.77 Cr, OFS Rs 492.26 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Listing day performance
Subscription breakdown
Final (Day 3) subscription
Number of times each investor category subscribed by close of Day 3.
Day-wise overall subscription
How overall subscription built up across the three-day issue window.
Fedbank Financial Services (FedFina) IPO GMP history
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | Rs 10 | +7.14% |
| Day 2 | Rs 8 | +5.71% |
| Day 3 | Rs 8 | +5.71% |
| Day 4 | Rs 8 | +5.71% |
| Day 5 | Rs 5 | +3.57% |
GMP Prediction vs IPOGyani AI Prediction
Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.
Issue & financials
Market context at listing
How the broader market moved around the Fedbank Financial Services (FedFina) IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
Fedbank Financial Services (FedFina) IPO - FAQs
What was the listing gain of Fedbank Financial Services (FedFina) IPO?
Fedbank Financial Services (FedFina) IPO listed at -1.4% versus the upper issue price of Rs 140 on 30 November 2023.
How many times was Fedbank Financial Services (FedFina) IPO subscribed?
Fedbank Financial Services (FedFina) IPO was subscribed 2.20x overall. QIB portion was subscribed 3.51x, HNI / NII 1.45x and Retail 1.82x.
What was the IPO GMP for Fedbank Financial Services (FedFina)?
IPO GMP started at Rs 10 on Day 1 and moved to Rs 5 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.