IPO IPO-Synopsis
Fedbank Financial Services Ltd

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Registered Office: Kanakia Wall Street A Wing,5th Flr Unit No 511 Andheri(E) , Mumbai - 400093 , Maharashtra , India.
Phone : 91-22-6852 0601   Fax:
Email :  cs@fedfina.com  
Website :  www.fedfina.com
Initial public offer of 78,073,810* equity shares of face value of Rs10 each ("Equity Shares") of Fedbank Financial Services Limited ("Company" or "Issuer") for cash at a price of Rs140 per equity share (including a share premium of Rs130 per equity share) ("Offer Price") aggregating to Rs1092.26*^ crores (the "Offer") comprising a fresh issue of 42,912,087* equity shares aggregating to Rs6,00.00*^ crores (the "Fresh Issue") and an offer for sale of 35,161,723* equity shares aggregating to Rs492.26* crores (the "Offer for Sale"), comprising 5,474,670* equity shares aggregating to Rs76.65* crores by the Federal Bank Limited ("Promoter Selling Shareholder") and 29,687,053* equity shares aggregating to Rs415.62* crores by true north fund vi llp ("Investor Selling Shareholder", and together with the promoter selling shareholder, the "Selling Shareholders", and such equity shares offered by the selling shareholders, the "Offered Shares"). This offer included a reservation of 769,230* equity shares aggregating to Rs10.00^ crores for subscription by eligible employees (the "Employee Reservation Portion"). The company in consultation with the brlms, offered a discount of Rs10 per equity share of the offer price to eligible employee bidding in the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 21.16% and 20.95% of the post-offer paid-up equity share capital, respectively. *Subject to finalisation of basis of allotment ^ After employee discount

Issue Money Payable On
Opens On Closes On Application Allotment
22-Nov-23 24-Nov-23 Rs140.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :107  Further Multiples of :107

  Rs Cr Lead Managers to the Issue
Project Cost 0.00
BNP Paribas
Project Financed through Current Offer 1092.26  
Post Issue Equity Share Capital 368.99  
Issue Price Rs140.00  
Projects
To be Utilised towards Augmentation of the Company's Tier-I Capital base to meet the Company's future Capital requirements
Promoted By
Federal Bank Ltd
Listing At
BSE 
NSE 
Registrar to the Issue
MUFG Intime India Pvt Ltd