Finbud Financial Services IPO
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Finbud Financial Services IPO details
Schedule of Finbud Financial Services
| Issue open date | 06 Nov 2025 |
| Issue close date | 10 Nov 2025 |
| UPI mandate deadline | 10 Nov 2025 (5 PM) |
| Allotment finalization | 11 Nov 2025 |
| Refund initiation | 12 Nov 2025 |
| Share credit | 12 Nov 2025 |
| Listing date | 13 Nov 2025 |
| Mandate end date | 25 Nov 2025 |
| Lock-in end date for anchor investors (50%) | 11 Dec 2025 |
| Lock-in end date for anchor investors (remaining) | 09 Feb 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Finbud Financial Services
Incorporated in 2012 and initially launched in Bangalore, Finance Buddha has grown into a pan-India retail loan aggregation platform. It partners with a wide network of banks and NBFCs to offer personal, business, and home loans. With a focus on simplifying access to credit, Finance Buddha enables customers to compare loan offers and guides them through the application process to disbursement, without assuming any credit risk.
The company operates through a hybrid model, combining traditional agent-led lending with digital loan distribution. This dual approach helps Finance Buddha reach a broader audience, offering personalised support through its agent network while leveraging technology to scale efficiently. The agent-led channel brings in high-volume, low-profit customers, while the digital channel focuses on high-profit, lower-volume clients, allowing the business to balance growth with profitability.
Financials of Finbud Financial Services
Issue size
| Funds Raised in the IPO | Amount (₹ crores) |
| Total issue size | 71.68 |
| Fresh Issue – Proceeds go to the company | 71.68 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Business Development and Marketing Activities | 4.03 (5.62%) |
| Investment in Wholly Owned Subsidiary (LTCV Credit Pvt. Ltd.) | 15 (20.93%) |
| Working Capital | 20.90 (29.17%) |
| General Corporate Purposes | 13.99 (19.51%) |
Strengths
- Diversified loan portfolio across MSME, personal, and vehicle finance.
- Strong underwriting and risk management systems using tech platforms.
- Growing branch network supporting deeper regional penetration.
- Experienced management team with deep financial services expertise.
- Consistent growth in AUM and improving profitability in recent years.
Risks
- High exposure to unsecured loans increases credit risk.
- Dependence on external borrowings may impact liquidity and margins.
- Subject to RBI regulations and any changes could affect operations.
- Potential for NPAs due to borrower defaults in economically sensitive segments.
- Competition from banks, NBFCs, and fintechs may pressure growth and yields.
Allotment Status for Finbud Financial Services
To check your IPO allotment status:
- Visit the Skyline Financial Services IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.
Subscription Figures for Finbud Financial Services
As per media reports (Link), the Grey Market Premium (GMP) of Finbud Financial Services is reported at ₹0 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on November 10, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 9.58 | 41.46 | 4.33x |
| NII | 7.20 | 60.31 | 8.38x |
| Retail | 16.80 | 47.00 | 2.8x |
| Total | 33.58 | 148.77 | 4.43x |