Bookbuilding IPO | ₹72 Cr | Listed at NSE SME | Thu, Nov 6, 2025 - Mon, Nov 10, 2025
Finbud Financial IPO is a book build issue of ₹71.68 crores. The issue is entirely a fresh issue of 0.50 crore shares of ₹71.68 crore.
Finbud Financial IPO bidding started from Nov 6, 2025 and ended on Nov 10, 2025. The allotment for Finbud Financial IPO was finalized on Nov 11, 2025. The shares got listed on NSE SME on Nov 13, 2025.
Finbud Financial IPO price band is set at ₹142 per share. The lot size for an application is 1,000. The minimum amount of investment required by an individual investor (retail) is ₹2,84,000 (2,000 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (3,000 shares), amounting to ₹4,26,000.
SKI Capital Services Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is SKI Capital Services Ltd..
Refer to Finbud Financial IPO RHP for detailed Information.
IPO Open
Thu, Nov 6, 2025
IPO Close
Mon, Nov 10, 2025
Issue Price
₹142 per share
Market Cap (Pre-IPO)
₹270.50 Cr
| IPO Date | 6 to 10 Nov, 2025 |
| Listed on | Thu, Nov 13, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹140 to ₹142 |
| Issue Price | ₹142 per share |
| Lot Size | 1,000 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 50,48,000 shares (agg. up to ₹72 Cr) |
| Reserved for Market Maker | 2,53,000 shares SKI Capital Services Ltd. (agg. up to ₹4 Cr) |
| Fresh Issue (Ex Market Maker) | 47,95,000 shares (agg. up to ₹68 Cr) |
| Net Offered to Public | 47,95,000 shares (agg. up to ₹68 Cr) |
| Share Holding Pre Issue | 1,40,01,480 shares |
| Share Holding Post Issue | 1,90,49,480 shares |
| NSE Symbol | FINBUD |
| ISIN | INE0EDU01014 |
Finbud Financial IPO comprises a total issue size of 50,48,000 shares. The net offer to the public is 47,95,000 shares, after excluding 2,53,000 shares allotted on a firm basis. Of the Net offer 23,95,000 (49.95%) are allocated to QIB, 7,20,000 (15.02%) allocated to NII 16,80,000 (35.04%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 23,95,000 | 49.95% | 47.44% |
| − Anchor Investor Shares Offered | 14,37,000 | 28.47% | |
| − QIB (Ex. Anchor) Shares Offered | 9,58,000 | 18.98% | |
| NII (HNI) Shares Offered | 7,20,000 | 15.02% | 14.26% |
| − bNII > ₹10L | 4,80,000 | 9.51% | |
| − sNII < ₹10L | 2,40,000 | 4.75% | |
| Retail Shares Offered | 16,80,000 | 35.04% | 33.28% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,53,000 | 5.01% | |
| Total Shares Offered | 50,48,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 2,000 shares and in multiples of 1,000 shares thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,000 | ₹2,84,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | ₹2,84,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,26,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,94,000 |
| B-HNI (Min) | 8 | 8,000 | ₹11,36,000 |
Finbud Financial IPO raises ₹20.41 crore from anchor investors. Finbud Financial IPO Anchor bid date is November 4, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Tue, Nov 4, 2025 |
| Shares Offered | 14,37,000 |
| Anchor Portion (₹ Cr.) | 20.41 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Dec 11, 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Feb 9, 2026 |
Incorporated in July 2012, Finbud Financial Services Limited is a loan aggregation platform in India, assisting individuals in obtaining personal, business, and home loans from banks and non-banking financial companies.
Services:
Product Offerings:
As of July 31, 2025, the company has total employed around 276 employees.
Competitive Strength
Finbud Financial Services Ltd.'s revenue increased by 17% and profit after tax (PAT) rose by 50% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Jul 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 76.12 | 68.93 | 44.97 | 27.47 |
| Total Income | 85.82 | 223.50 | 190.28 | 135.57 |
| Profit After Tax | 3.33 | 8.50 | 5.66 | 1.83 |
| EBITDA | 5.87 | 14.66 | 10.59 | 4.23 |
| NET Worth | 39.31 | 35.98 | 11.79 | 6.13 |
| Reserves and Surplus | 25.31 | 21.98 | 11.77 | 6.12 |
| Total Borrowing | 20.48 | 18.51 | 12.43 | 7.40 |
| Amount in ₹ Crore | ||||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Working Capital Requirement | 20.90 |
| 2 | Investment In Wholly Owned Subsidiary i.e. LTCV Credit Private Limited | 15.00 |
| 3 | Funding for Business Development and Marketing Activities | 17.75 |
| 4 | Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company | 4.03 |
| 5 | General Corporate Purposes | 9.54 |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 23.61% |
| ROCE | 32.11% |
| Debt/Equity | 0.51 |
| RoNW | 23.61% |
| PAT Margin | 3.81% |
| EBITDA Margin | 6.57% |
| Price to Book Value | 5.53 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.07 | 5.24 |
| P/E (x) | 23.4 | 27.08 |
| Promoter Holding | 64.92% | 47.72% |
| Market Cap | ₹270.50 Cr. |
The Finbud Financial IPO is subscribed 4.43 times on November 10, 2025 6:20:00 PM (Day 3). The public issue subscribed 2.80 times in the individual investors category, 4.33 times in the QIB category, and 8.38 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 4.33 | 9,58,000 | 41,46,000 | 14 |
| NII* | 8.38 | 7,20,000 | 60,31,000 | 860 |
| bNII (bids above ₹10L) | 10.63 | 4,80,000 | 51,02,000 | |
| sNII (bids below ₹10L) | 3.87 | 2,40,000 | 9,29,000 | |
| Individual Investor | 2.80 | 16,80,000 | 47,00,000 | 2,350 |
| Total | 4.43 | 33,58,000 | 1,48,77,000 | 3,224 |
Total Application : 3,224
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Lead manager(s) fees including underwriting commission, advisors and other experts. | 4.30 |
| 2 | Brokerage, selling commission and upload fees | 0.01 |
| 3 | Registrars to the Issue | 0.01 |
| 4 | Legal Advisors | 0.05 |
| 5 | Peer Review Auditor | 0.01 |
| 6 | Advertising and marketing expenses | 0.05 |
| 7 | Regulators including stock exchanges | 0.01 |
| 8 | Printing and distribution of issue stationary | 0.01 |
| 9 | Others, if any include Bankers to the Issue, Depository, certifications, miscellaneous, etc. | 0.02 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹142.00 |
| Open | ₹157.00 |
| Low | ₹157.00 |
| High | ₹164.85 |
| Last Trade | ₹164.85 |
Lead Manager Reports
Finbud Financial IPO is a SME IPO of 50,48,000 equity shares of the face value of ₹10 aggregating up to ₹72 Crores. The issue is priced at ₹142 per share. The minimum order quantity is 1000.
The IPO opens on Thu, Nov 6, 2025, and closes on Mon, Nov 10, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Finbud Financial IPO using UPI as a payment gateway. Zerodha customers can apply in Finbud Financial IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Finbud Financial IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Finbud Financial IPO opens on Thu, Nov 6, 2025 and closes on Mon, Nov 10, 2025.
Finbud Financial IPO lot size is 1000, and the minimum amount required for application is ₹2,84,000, with 2 lots being the minimum application size.
You can apply in Finbud Financial IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Finbud Financial IPO will be done on Tuesday, November 11, 2025, and the allotted shares will be credited to your demat account by Wed, Nov 12, 2025. Check the Finbud Financial IPO allotment status.
The Finbud Financial IPO listing date is on Thu, Nov 13, 2025.
