Fedbank Financial IPO Subscription Details

Bookbuilding IPO | ₹1,092 Cr | Listed at BSE, NSE | Wed, Nov 22, 2023 - Fri, Nov 24, 2023

Basis of Allotment - Fedbank Financial IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB Below ₹10L Above ₹10L Total NII
Allocation (No. of shares)1,54,60,9162,31,91,3743,86,52,29038,65,22977,30,4581,15,95,6872,70,56,6037,69,2307,80,73,810
Allotment price (Rs.)140140140140140140140130140
No.of applications1822404,4751,2505,7253,33,2818553,39,901
No.of shares applied5,36,71,6282,46,48,0927,83,19,72076,20,75498,58,7661,74,79,5204,86,64,0283,36,08714,47,99,355
Amount collected (Rs.cr.)751.40 345.07 1,096.48 106.69 138.02 244.71 681.30 4.37 2,026.57
No.of times subscribed3.471.062.031.971.281.511.800.441.85
No.of shares allotted1,56,62,0172,31,91,3743,88,53,39138,85,33977,70,6791,16,56,0182,71,97,3753,36,0877,80,42,871
Amount (Rs.cr.)219.27 324.68 543.95 54.39 108.79 163.18 380.76 4.37 1,092.26
No.of allottees1822402,5931,0373,6302,54,1818552,58,706

IPO Shares Offered

Fedbank Financial IPO is a public issue of 7.81 Cr equity shares. The issue offers 2.71 Cr shares to retail investors, 3.87 Cr shares to qualified institutional buyers, and 1.16 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 3,86,52,290541.13 49.51%
    Anchor 2,31,91,374 324.68 29.70%
    QIB (Ex Anchor) 1,54,60,916 216.45 19.80%
NII 1,15,95,687162.34 14.85%
    bNII (> ₹10L)77,30,458108.23 9.90%
    sNII (< ₹10L)38,65,22954.11 4.95%
Retail2,70,56,603378.79 34.66%
Employee7,69,23010.77 0.99%
Total7,80,73,8101,093.03 100%

Fedbank Financial IPO Anchor Investor Allocation

A total of 2,31,91,374 shares at a price of Rs 140 per share will be allotted to the anchor investors.

Anchor investors bid opening dateNov 21, 2023
Anchor investor price₹140.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days1,15,95,687
No. of shares locked-in for 90 days1,15,95,687
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 NIPPON INDIA BANKING & FINANCIAL SERVICES FUND NIPPON INDIA MUTUAL FUND 17,85,723 25.00 7.70 2.29
2 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 17,85,723 25.00 7.70 2.29
3 HDFC BANKING & FINANCIAL SERVICES FUND HDFC MUTUAL FUND 17,85,723 25.00 7.70 2.29
4 HDFC LIFE INSURANCE CO.LTD. HDFC LIFE INSURANCE 17,85,723 25.00 7.70 2.29
5 BANDHAN SMALL CAP FUND BANDHAN MUTUAL FUND 17,85,723 25.00 7.70 2.29
6 SOCIETE GENERALE-ODI SOCIETE GENERAL 14,14,640 19.80 6.10 1.81
7 KOTAK MAHINDRA LIFE INSURANCE CO.LTD. KOTAK LIFE INSURANCE 12,85,712 18.00 5.54 1.65
8 TATA AIA LIFE INSURANCE CO.LTD.-UNIT LINKED MULTICAP FUND TATA AIA LIFE INSURANCE 12,85,712 18.00 5.54 1.65
9 BAJAJ ALLIANZ LIFE INSURANCE CO.LTD. BAJAJ ALLIANZ LIFE INSURANCE 12,85,712 18.00 5.54 1.65
10 NATIXIS INTERNATIONAL FUNDS (LUX) I-LOOMIS SAYLES GLOBAL EMERGING MARKETS EQUITY FUND NATIXIS 12,85,712 18.00 5.54 1.65
11 CANARA HSBC LIFE INSURANCE CO.LTD. CANARA HSBC 10,71,498 15.00 4.62 1.37
12 MARSHALL WACE INVESTMENT STRATEGIES-EUREKA FUND MARSHALL WACE 10,71,498 15.00 4.62 1.37
13 EDELWEISS RECENTLY LISTED IPO FUND EDELWEISS MUTUAL FUND 8,57,177 12.00 3.70 1.10
14 BCAD FUND BCAD 7,23,641 10.13 3.12 0.93
15 INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD. INTEGRATED CORE 7,23,641 10.13 3.12 0.93
16 SEGANTII INDIA (MAURITIUS) SEGANTII INDIA 4,71,547 6.60 2.03 0.60
17 GOLDMAN SACHS (SINGAPORE) PTE.-ODI GOLDMAN SACHS 4,71,547 6.60 2.03 0.60
18 INDIA MAX INVESTMENT FUND LTD. INDIA MAX INVESTMENT FUND LTD. 4,71,546 6.60 2.03 0.60
19 COPTHALL MAURITIUS INVESTMENT LTD.-ODI ACCOUNT COPTHALL 4,71,547 6.60 2.03 0.60
20 UNIVERSAL SOMPO GENERAL INSURANCE CO.LTD. UNIVERSAL SOMPO GENERAL INSURANCE 4,71,547 6.60 2.03 0.60
21 CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD. CITIGROUP 4,71,547 6.60 2.03 0.60
22 EDELWEISS AGGRESSIVE HYBRID FUND EDELWEISS MUTUAL FUND 4,28,535 6.00 1.85 0.55
2,31,91,374324.6810029.72

IPO Subscription FAQs

The Fedbank Financial IPO is subscribed 2.24 times by Nov 24, 2023 19:02.

Fedbank Financial IPO Subscription

Investor Category Subscription (times)
Qualified Institutional3.48
Non Institutional1.49
Retail Individual1.88
Employee Reservations1.34
Total Subscription2.24

Retail category of Fedbank Financial IPO subscribed 1.88 times as of date Nov 24, 2023 19:02. The public issue closes on Fri, Nov 24, 2023 for bidding.

An investor can apply in Fedbank Financial IPO online via bank (using ASBA) or the broker (using UPI). The Fedbank Financial IPO shares are offered online only.

The Fedbank Financial IPO is subscribed 2.24 times by Nov 24, 2023 19:02.

The Fedbank Financial IPO allotment status is expected on or around Tuesday, November 28, 2023. Visit Fedbank Financial IPO allotment status to check.

The Fedbank Financial IPO listing date is November 30, 2023. The equity share of Fedbank Financial IPO will list on BSE, NSE.

Visit Fedbank Financial IPO subscription status page for real-time bidding information about Fedbank Financial IPO.

Fedbank Financial IPO Timetable

IPO opens OnWednesday, November 22, 2023
IPO Closes OnFriday, November 24, 2023
Finalisation of Basis of AllotmentTuesday, November 28, 2023
Initiation of RefundsTuesday, November 28, 2023
Credit of Shares to Demat AccountWednesday, November 29, 2023
IPO Listing DateThursday, November 30, 2023
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