Fedbank Financial Services’s IPO will hit the market on 22 November 2023 and closes on 24 November 2023. The Fedbank Financial Services IPO GMP Kostak rate and subject to sauda updated as of today. The Fedbank Financial Services IPO Grey Market Premium has started with low premium rates at this time, we need to wait for the rates to change with the market sentiment in a few days or to stabilize the rates. You can check Fedbank Financial Services IPO subscription status here.
Fedbank Financial Services Limited is a subsidiary of The Federal Bank Limited. The company’s second and third lowest cost of borrowing among the micro, small, and medium enterprises (“MSMEs”), gold loan, and MSME & gold loan peer set in India in Fiscal 2023 and three-month period ended June 30, 2023. The company is focused on catering to the MSMEs and the emerging self-employed individuals (“ESEIs”) sector.
Fedbank Financial Services IPO Issue size of ₹1092.26 Crores, in which Fresh Issue of ₹600.77 Crores and Offer For Sale of ₹492.26 Crores and issue price band has been fixed at ₹133 to ₹140 Per Share. The Fedbank Financial Services IPO is to be listed on December 05, on NSE and BSE. You can check Fedbank Financial Services IPO Allotment Status here.
What is Fedbank Financial Services IPO GMP Today?
■ The Fedbank Financial Services IPO GMP Today Or Grey Market Premium is ₹1-₹2.
What is Fedbank Financial Services IPO Kostak Rates Today?
■ The Fedbank Financial Services IPO Kostak rate is ₹0.
What is Fedbank Financial Services IPO Subject to Sauda Price Today?
■ The Fedbank Financial Services IPO Subject to Sauda rates is ₹100.
Fedbank Financial Services IPO Approximately Returns?
■ The Fedbank Financial Services IPO’s approximate return is %-%, and it can also change according to the Market Sentiment.
Fedbank Financial Services IPO GMP Live, Kostak, & Subject :
| Date | GMP | Kostak | Subject |
| 30 Nov 2023 | List :₹137.75 Gain :-1.61% | ₹0 | ₹0 |
| 29 Nov 2023 | ₹1-₹2  | ₹0 | ₹100 |
| 28 Nov 2023 | ₹1-₹2 | ₹0 | ₹100 |
| 27 Nov 2023 | ₹1-₹2 | ₹0 | ₹100 |
| 26 Nov 2023 | ₹1-₹2 | ₹0 | ₹100 |
| 25 Nov 2023 | ₹1-₹2  | ₹0 | ₹100 |
| 24 Nov 2023 | ₹2-₹3 | ₹0 | ₹200 |
| 23 Nov 2023 | ₹2-₹3 | ₹0 | ₹400 |
| 22 Nov 2023 | ₹5-₹6 | ₹0 | ₹400 |
| 21 Nov 2023 | ₹5-₹6 | ₹0 | ₹400 |
| 20 Nov 2023 | ₹8-₹9 | ₹0 | ₹700 |
| 19 Nov 2023 | ₹8-₹9 | ₹0 | ₹700 |
| 18 Nov 2023 | ₹8-₹9 | ₹0 | ₹700 |
| 17 Nov 2023 | ₹9-₹10  | ₹0 | ₹800 |
IPO GMP Facts :
- The GMP is usually higher for IPOs of well-known companies with strong fundamentals.
- The GMP is also likely to be higher for IPOs that are heavily subscribed.
- It is important to do your own research before investing in an IPO, regardless of the GMP.
Fedbank Financial Services IPO GMP FAQs :
How much is Fedbank Financial Services IPO GMP Today?
Fedbank Financial Services IPO GMP Today is ₹1-₹2.
How much is Fedbank Financial Services IPO Grey Market Premium today?
Fedbank Financial Services IPO is Grey Market Premium ₹1-₹2.
What is Fedbank Financial Services IPO Kostak Rate?
Fedbank Financial Services IPO Kostak Rate is ₹0.
What is Fedbank Financial Services IPO Subject to Sauda?
Fedbank Financial Services IPO Subject to Deals is ₹200.
What are Fedbank Financial Services IPO Approx Returns?
Fedbank Financial Services IPO approx Returns is %-%, and it can also change according to the Market Sentiment.
IPO GMP Disclaimer :
- GMP is not an indicator of the final listing price: The GMP is just a reflection of the demand and supply of the IPO shares in the grey market. The final listing price will depend on a number of factors, including the overall market sentiment and the performance of the company in the post-IPO period.
- The GMP can be volatile: The GMP can fluctuate significantly in the days leading up to the IPO listing. This is due to the uncertainty surrounding the final listing price and the volatility of the stock market in general.
- There is no guarantee of profit: Even if the GMP is high, there is no guarantee that the IPO shares will list at a profit. The final listing price could be lower than the GMP, or the shares could even decline in value after listing.
- Investing in IPOs carries risks: IPOs are considered to be high-risk investments. There is always the possibility that the company could fail, or that the shares could be diluted in the future.
| Fedbank Financial Services IPO Details: Click Here Fedbank Financial Services IPO Subscription: Click Here Fedbank Financial Services IPO Allotment: Click Here Fedbank Financial Services IPO Listing: Click Here |
All Fedbank Financial Services IPO-related links are available here. If you want to know the details then click on the Click Here Link.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME-RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.