Fedbank Fin.l Serv.
New to Zerodha? Sign-up for free.
New to Zerodha? Sign-up for free.
Get instant stock alerts
- Share Price
- Financials
- Revenue mix
- Shareholdings
- Peers
- Forensics
Share Price
Coming soon
- 5D
- 1M
- 6M
- YTD
- 1Y
- 5Y
- MAX
Financials
-
Summary
-
Profit & Loss
-
Balance sheet
-
Cashflow
This data is currently unavailable for this company.
| (In Cr.) |
|---|
| (In Cr.) | ||||
|---|---|---|---|---|
|
This data is currently unavailable for this company. |
| (In %) |
|---|
| (In Cr.) |
|---|
| Financial Year (In Cr.) |
|---|
Revenue mix
-
Product wise
-
Location wise
Revenue Mix
This data is currently unavailable for this company.
Revenue Mix
This data is currently unavailable for this company.
Forensics
Recent events
-
News
-
Corporate Actions
April 28 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES LTD MARCH-QUARTER NET PROFIT 1.01 BILLION RUPEES
FEDBANK FINANCIAL SERVICES LTD MARCH-QUARTER TOTAL REVENUE FROM OPERATIONS 6.16 BILLION RUPEES
Source text: [ID:]
Further company coverage: FEDB.NS
(([email protected];))
April 28 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES LTD MARCH-QUARTER NET PROFIT 1.01 BILLION RUPEES
FEDBANK FINANCIAL SERVICES LTD MARCH-QUARTER TOTAL REVENUE FROM OPERATIONS 6.16 BILLION RUPEES
Source text: [ID:]
Further company coverage: FEDB.NS
(([email protected];))
Feb 26 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
TO CONSIDER ISSUANCE OF NCDS TOTALING 5 BILLION RUPEES
Source text: ID:nBSE85QWn2
Further company coverage: FEDB.NS
(([email protected];))
Feb 26 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
TO CONSIDER ISSUANCE OF NCDS TOTALING 5 BILLION RUPEES
Source text: ID:nBSE85QWn2
Further company coverage: FEDB.NS
(([email protected];))
Jan 15 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES DEC-QUARTER STANDALONE NET PROFIT 879.1 MILLION RUPEES
FEDBANK FINANCIAL SERVICES DEC-QUARTER TOTAL REVENUE FROM OPERATIONS 5.55 BILLION RUPEES
Further company coverage: FEDB.NS
(([email protected];))
Jan 15 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES DEC-QUARTER STANDALONE NET PROFIT 879.1 MILLION RUPEES
FEDBANK FINANCIAL SERVICES DEC-QUARTER TOTAL REVENUE FROM OPERATIONS 5.55 BILLION RUPEES
Further company coverage: FEDB.NS
(([email protected];))
Aug 20 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES LTD - TO CONSIDER ISSUE OF NCDS UP TO 25 BILLION RUPEES
Source text: ID:nBSE4F2Jkp
Further company coverage: FEDB.NS
(([email protected];;))
Aug 20 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES LTD - TO CONSIDER ISSUE OF NCDS UP TO 25 BILLION RUPEES
Source text: ID:nBSE4F2Jkp
Further company coverage: FEDB.NS
(([email protected];;))
Jan 24 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
DEC-QUARTER NET PROFIT 187.6 MILLION RUPEES
DEC-QUARTER TOTAL REVENUE FROM OPERATIONS 5.33 BILLION RUPEES
Source text: [ID:]
Further company coverage: FEDB.NS
(([email protected];;))
Jan 24 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
DEC-QUARTER NET PROFIT 187.6 MILLION RUPEES
DEC-QUARTER TOTAL REVENUE FROM OPERATIONS 5.33 BILLION RUPEES
Source text: [ID:]
Further company coverage: FEDB.NS
(([email protected];;))
Nov 27 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
RESPONDS ON REPORT OF SOUTH INDIAN BANK AND CO FORGING ALLIANCE
DEAL WITH SOUTH INDIAN BANK PURELY FALLS IN NORMAL COURSE OF BUSINESS
Source text: ID:nBSEbDw88c
Further company coverage: FEDB.NS
(([email protected];;))
Nov 27 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
RESPONDS ON REPORT OF SOUTH INDIAN BANK AND CO FORGING ALLIANCE
DEAL WITH SOUTH INDIAN BANK PURELY FALLS IN NORMAL COURSE OF BUSINESS
Source text: ID:nBSEbDw88c
Further company coverage: FEDB.NS
(([email protected];;))
Oct 23 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES SEPT-QUARTER NET PROFIT 645.5 MILLION RUPEES
FEDBANK FINANCIAL SERVICES SEPT-QUARTER TOTAL REVENUE FROM OPERATIONS 5.13 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: FEDB.NS
(([email protected];))
Oct 23 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES SEPT-QUARTER NET PROFIT 645.5 MILLION RUPEES
FEDBANK FINANCIAL SERVICES SEPT-QUARTER TOTAL REVENUE FROM OPERATIONS 5.13 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: FEDB.NS
(([email protected];))
Oct 22 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
NAMES PARVEZ MULLA AS MANAGING DIRECTOR, CHIEF EXECUTIVE OFFICER
Source text for Eikon: ID:nNSE7hbT9q
Further company coverage: FEDB.NS
(([email protected];;))
Oct 22 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
NAMES PARVEZ MULLA AS MANAGING DIRECTOR, CHIEF EXECUTIVE OFFICER
Source text for Eikon: ID:nNSE7hbT9q
Further company coverage: FEDB.NS
(([email protected];;))
Sept 24 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
COMPLETION OF TERM OF K. BALAKRISHNAN AS CHAIRMAN
Source text for Eikon: ID:nBSEsxDHn
Further company coverage: FEDB.NS
(([email protected];;))
Sept 24 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
COMPLETION OF TERM OF K. BALAKRISHNAN AS CHAIRMAN
Source text for Eikon: ID:nBSEsxDHn
Further company coverage: FEDB.NS
(([email protected];;))
Sept 19 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES LTD - CLARIFIES ON CLAIMS OF BREACHED DATABASE
FEDBANK FINANCIAL SERVICES LTD - INVESTIGATION BY IT TEAM SAYS CLAIMS ARE UNFOUNDED
FEDBANK FINANCIAL SERVICES - CLAIMS OF BREACHED DATABASE OF FEDERAL BANK, FEDNET UNFOUNDED
Source text for Eikon: ID:nNSE9CSr4F
Further company coverage: FEDB.NS
(([email protected];))
Sept 19 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES LTD - CLARIFIES ON CLAIMS OF BREACHED DATABASE
FEDBANK FINANCIAL SERVICES LTD - INVESTIGATION BY IT TEAM SAYS CLAIMS ARE UNFOUNDED
FEDBANK FINANCIAL SERVICES - CLAIMS OF BREACHED DATABASE OF FEDERAL BANK, FEDNET UNFOUNDED
Source text for Eikon: ID:nNSE9CSr4F
Further company coverage: FEDB.NS
(([email protected];))
Aug 16 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES - TO CONSIDER OFFER, ISSUE OF NON-CONVERTIBLE DEBENTURES UPTO 25 BILLION RUPEES
Source text for Eikon: ID:nBSE4lWMNW
Further company coverage: FEDB.NS
(([email protected];))
Aug 16 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES - TO CONSIDER OFFER, ISSUE OF NON-CONVERTIBLE DEBENTURES UPTO 25 BILLION RUPEES
Source text for Eikon: ID:nBSE4lWMNW
Further company coverage: FEDB.NS
(([email protected];))
July 19 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES JUNE-QUARTER NET PROFIT 702.3 MILLION RUPEES
FEDBANK FINANCIAL SERVICES - APPROVED ISSUANCE OF NCDS UTPO TO 1.2 BILLION RUPEES
FEDBANK FINANCIAL SERVICES JUNE-QUARTER INTEREST INCOME 4.52 BILLION RUPEES
FEDBANK FINANCIAL SERVICES - ISSUANCE OF NCDS WITH GREEN SHOE OPTION OF UPTO 800 MILLION RUPEES
FEDBANK FINANCIAL SERVICES - ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS
Source text for Eikon: [ID:]
Further company coverage: FEDB.NS
(([email protected];))
July 19 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES JUNE-QUARTER NET PROFIT 702.3 MILLION RUPEES
FEDBANK FINANCIAL SERVICES - APPROVED ISSUANCE OF NCDS UTPO TO 1.2 BILLION RUPEES
FEDBANK FINANCIAL SERVICES JUNE-QUARTER INTEREST INCOME 4.52 BILLION RUPEES
FEDBANK FINANCIAL SERVICES - ISSUANCE OF NCDS WITH GREEN SHOE OPTION OF UPTO 800 MILLION RUPEES
FEDBANK FINANCIAL SERVICES - ISSUANCE OF NCDS ON PRIVATE PLACEMENT BASIS
Source text for Eikon: [ID:]
Further company coverage: FEDB.NS
(([email protected];))
July 15 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
TO CONSIDER ISSUE OF NON-CONVERTIBLE DEBENTURES WORTH UPTO 1.2 BILLION RUPEES
Source text for Eikon: ID:nBSE76Sx0S
Further company coverage: FEDB.NS
(([email protected];))
July 15 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
TO CONSIDER ISSUE OF NON-CONVERTIBLE DEBENTURES WORTH UPTO 1.2 BILLION RUPEES
Source text for Eikon: ID:nBSE76Sx0S
Further company coverage: FEDB.NS
(([email protected];))
April 29 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES MARCH-QUARTER NET PROFIT 676.6 MILLION RUPEES VERSUS 390.4 MILLION RUPEES
FEDBANK FINANCIAL SERVICES MARCH-QUARTER INTEREST INCOME 3.84 BILLION RUPEES VERSUS 3.17 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: FEDB.NS
(([email protected];))
April 29 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES MARCH-QUARTER NET PROFIT 676.6 MILLION RUPEES VERSUS 390.4 MILLION RUPEES
FEDBANK FINANCIAL SERVICES MARCH-QUARTER INTEREST INCOME 3.84 BILLION RUPEES VERSUS 3.17 BILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: FEDB.NS
(([email protected];))
** Shares of Fedbank Financial Services Ltd FEDB.NS up 4% at 128 rupees
** Equirus Securities starts coverage on non-bank lender with "long," which is the equivalent of "strong buy;" price target of 160 rupees - LSEG
** FEDB will be key beneficiary of 13% CAGR in retail lending from FY23-25, driven by increased private consumption and urbanisation in India - Equirus
** Adds, backing by top shareholder Federal Bank FED.NS offers "sharp competitive edge" to FEDB as it ensures "easy access to liquidity and capital"
** Brokerage highlights co's diversified and secured (85% of portfolio) assets
** Equirus third broker to cover FEDB, ICICI Securities has street-high PT of 184 rupees
** FEDB trims losses since listing to 7.3%
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
** Shares of Fedbank Financial Services Ltd FEDB.NS up 4% at 128 rupees
** Equirus Securities starts coverage on non-bank lender with "long," which is the equivalent of "strong buy;" price target of 160 rupees - LSEG
** FEDB will be key beneficiary of 13% CAGR in retail lending from FY23-25, driven by increased private consumption and urbanisation in India - Equirus
** Adds, backing by top shareholder Federal Bank FED.NS offers "sharp competitive edge" to FEDB as it ensures "easy access to liquidity and capital"
** Brokerage highlights co's diversified and secured (85% of portfolio) assets
** Equirus third broker to cover FEDB, ICICI Securities has street-high PT of 184 rupees
** FEDB trims losses since listing to 7.3%
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
Jan 16 (Reuters) - FEDERAL BANK CEO FED.NS:
INDIA'S FEDERAL BANK CEO: FORMAL SEARCH PROCESS UNDERWAY TO SUBMIT NEW NAMES TO RBI FOR POST OF MD, CEO
FEDERAL BANK CEO: EXPECT SEARCH PROCESS TO BE COMPLETED IN NEXT FEW MONTHS
FEDERAL BANK CEO: BOARD WILL CONSIDER EXTERNAL CANDIDATES AS WELL FOR MD, CEO’S POST
FEDERAL BANK CEO: REGULATOR'S PREFERENCE NOT INCLINED TO OFFER ONE-YEAR EXTENSION OF MD & CEO POST
FEDERAL BANK CEO: BOARD WILL SUBMIT CANDIDATES' NAMES TO RBI BY END-APRIL OR EARLY MAY
FEDERAL BANK CEO: NO IMMEDIATE ACTION PLAN TO TRIM FURTHER STAKE IN FEDBANK FINANCIAL
(([email protected];))
Jan 16 (Reuters) - FEDERAL BANK CEO FED.NS:
INDIA'S FEDERAL BANK CEO: FORMAL SEARCH PROCESS UNDERWAY TO SUBMIT NEW NAMES TO RBI FOR POST OF MD, CEO
FEDERAL BANK CEO: EXPECT SEARCH PROCESS TO BE COMPLETED IN NEXT FEW MONTHS
FEDERAL BANK CEO: BOARD WILL CONSIDER EXTERNAL CANDIDATES AS WELL FOR MD, CEO’S POST
FEDERAL BANK CEO: REGULATOR'S PREFERENCE NOT INCLINED TO OFFER ONE-YEAR EXTENSION OF MD & CEO POST
FEDERAL BANK CEO: BOARD WILL SUBMIT CANDIDATES' NAMES TO RBI BY END-APRIL OR EARLY MAY
FEDERAL BANK CEO: NO IMMEDIATE ACTION PLAN TO TRIM FURTHER STAKE IN FEDBANK FINANCIAL
(([email protected];))
Jan 15 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
INDIA'S FEDBANK FINANCIAL SERVICES DEC-QUARTER NET PROFIT 654 MILLION RUPEES VERSUS PROFIT 511.7 MILLION RUPEES
FEDBANK FINANCIAL SERVICES DEC-QUARTER TOTAL REVENUE FROM OPERATIONS 4.13 BILLION RUPEES VERSUS 3.09 BILLION RUPEES
Source text for Eikon: ID:nBSE9cBsC6
Further company coverage: FEDB.NS
(([email protected];;))
Jan 15 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
INDIA'S FEDBANK FINANCIAL SERVICES DEC-QUARTER NET PROFIT 654 MILLION RUPEES VERSUS PROFIT 511.7 MILLION RUPEES
FEDBANK FINANCIAL SERVICES DEC-QUARTER TOTAL REVENUE FROM OPERATIONS 4.13 BILLION RUPEES VERSUS 3.09 BILLION RUPEES
Source text for Eikon: ID:nBSE9cBsC6
Further company coverage: FEDB.NS
(([email protected];;))
Dec 11 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES LTD SEPT-QUARTER NET PROFIT 577.6 MILLION RUPEES VERSUS 461.6 MILLION RUPEES
FEDBANK FINANCIAL SERVICES LTD SEPT-QUARTER INTEREST INCOME 3.74 BILLION RUPEES VERSUS 2.69 BILLION RUPEES
Source text for Eikon: ID:nBSEsrh77
Further company coverage: FEDB.NS
(([email protected];))
Dec 11 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES LTD SEPT-QUARTER NET PROFIT 577.6 MILLION RUPEES VERSUS 461.6 MILLION RUPEES
FEDBANK FINANCIAL SERVICES LTD SEPT-QUARTER INTEREST INCOME 3.74 BILLION RUPEES VERSUS 2.69 BILLION RUPEES
Source text for Eikon: ID:nBSEsrh77
Further company coverage: FEDB.NS
(([email protected];))
** Shares of Flair Writing Industries FLAI.NS close up 48.3% at 450.90 rupees on the listing day
** Shares were listed at 501 rupees, a premium of 64% vs issue price of 304 rupees
** Flair's 5.93 billion rupees IPO was oversubscribed by 47 times
** Given positive secondary market environment and ample liquidity, Flair Writing had a solid listing - Rajan Shinde, Research Analyst, Mehta Equities
** Out of 5 listings on Mumbai's Dalal Steet this week, Tata Technologies TATE.NS listed at a premium of 140%, while Gandhar Oil Refinery (India) GADH.NS surged 76% on its debut; Indian Renewable Energy Development Agency INAR.NS got listed at 56.3% premium, while Fedbank Financial Services FEDB.NS listed at 1.4% discount
** India has seen a record 201 IPOs so far this year, while main indexes have scaled record highs on improving economic growth prospects
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** Shares of Flair Writing Industries FLAI.NS close up 48.3% at 450.90 rupees on the listing day
** Shares were listed at 501 rupees, a premium of 64% vs issue price of 304 rupees
** Flair's 5.93 billion rupees IPO was oversubscribed by 47 times
** Given positive secondary market environment and ample liquidity, Flair Writing had a solid listing - Rajan Shinde, Research Analyst, Mehta Equities
** Out of 5 listings on Mumbai's Dalal Steet this week, Tata Technologies TATE.NS listed at a premium of 140%, while Gandhar Oil Refinery (India) GADH.NS surged 76% on its debut; Indian Renewable Energy Development Agency INAR.NS got listed at 56.3% premium, while Fedbank Financial Services FEDB.NS listed at 1.4% discount
** India has seen a record 201 IPOs so far this year, while main indexes have scaled record highs on improving economic growth prospects
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** India's Tata Technologies TATE.NS and Gandhar Oil Refinery (India) GADH.NS make strong debut in Mumbai market
** TATE surges 140% in trading debut at 1,200 rupees, valuing the engineering and technology services provider at 486.80 bln rupees; issue price was 500 rupees
** GADH climbs 76% to 298 rupees at open, valuing it at 29.17 bln rupees
** White oils maker's 5 bln rupees IPO was subscribed 64 times, with issue price at 169 rupees
** GADH was trading up 83% at 308.55 rupees as of 10:09 a.m IST
** Fedbank Financial Services FEDB.NS made relatively subdued debut on Thursday, falling 1.4% at open at 138 rupees vs issue price of 140 rupees
** Non-banking financial co Fedbank's 10.92 bln rupees IPO was oversubscribed 2.2x
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** India's Tata Technologies TATE.NS and Gandhar Oil Refinery (India) GADH.NS make strong debut in Mumbai market
** TATE surges 140% in trading debut at 1,200 rupees, valuing the engineering and technology services provider at 486.80 bln rupees; issue price was 500 rupees
** GADH climbs 76% to 298 rupees at open, valuing it at 29.17 bln rupees
** White oils maker's 5 bln rupees IPO was subscribed 64 times, with issue price at 169 rupees
** GADH was trading up 83% at 308.55 rupees as of 10:09 a.m IST
** Fedbank Financial Services FEDB.NS made relatively subdued debut on Thursday, falling 1.4% at open at 138 rupees vs issue price of 140 rupees
** Non-banking financial co Fedbank's 10.92 bln rupees IPO was oversubscribed 2.2x
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
Sept 25 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
RESERVE BANK OF INDIA IMPOSED MONETARY PENALTY OF 8,80,000 RUPEES ON FEDBANK FINANCIAL SERVICES
RBI IMPOSED MONETARY PENALTY ON FEDBANK FINANCIAL SERVICES FOR NON-COMPLIANCE WITH PROVISIONS OF MONITORING OF FRAUDS IN NBFCS (RESERVE BANK) DIRECTIONS
Source text for Eikon: [ID:]
Further company coverage: FEDB.NS
(([email protected];))
Sept 25 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
RESERVE BANK OF INDIA IMPOSED MONETARY PENALTY OF 8,80,000 RUPEES ON FEDBANK FINANCIAL SERVICES
RBI IMPOSED MONETARY PENALTY ON FEDBANK FINANCIAL SERVICES FOR NON-COMPLIANCE WITH PROVISIONS OF MONITORING OF FRAUDS IN NBFCS (RESERVE BANK) DIRECTIONS
Source text for Eikon: [ID:]
Further company coverage: FEDB.NS
(([email protected];))
BENGALURU, July 27 (Reuters) - Fedbank Financial Services, a unit of India's Federal Bank FED.NS, has filed draft papers with market regulator for an initial public offering (IPO).
The offering would comprise fresh issue of shares worth up to 7.5 billion rupees ($91.5 million) and an offer for sale of up to 70.3 million shares from existing stakeholders, according to the draft prospectus dated July 26.
The offer for sale portion includes up to 16.5 million shares owned by Federal Bank.
Fedbank Financial Services, a retail focused non-banking finance company (NBFCs), posted profit of 1.80 billion rupees for the year ended March 31, compared with 1.03 billion rupees a year ago.
Its total revenue from operations grew 35.6% to 11.79 billion rupees.
ICICI Securities and JM Financial were among the book running lead managers for the Mumbai-based firm's IPO.
The IPO filing comes as Reliance Industries' Jio Financial Services JIOF.NS gears up to enter the sector following the launch of a joint venture with U.S.-based asset manager BlackRock BLK.N.
A surge in India's equity market fuelled by improved domestic sentiment has fired up stock listings, with Mankind Pharma MNKI.NS, Blackstone's Nexus Select Trust NEXE.NS and drone maker ideaForge Technology IDEF.NS surging in their trading debut.
Several companies had put brakes on their IPO plans in the past few months, citing turbulent stock market conditions over recession worries and fears about the financial health of banks.
Personal care products startup Mamaearth put its IPO on hold while apparel retailer Fabindia and jeweller Joyalukkas withdrew their IPO.
($1 = 81.9356 Indian rupees)
(Reporting by Rama Venkat in Bengaluru; Editing by Dhanya Ann Thoppil)
(([email protected]; https://twitter.com/ramavenkat0607; +91 8095218099;))
BENGALURU, July 27 (Reuters) - Fedbank Financial Services, a unit of India's Federal Bank FED.NS, has filed draft papers with market regulator for an initial public offering (IPO).
The offering would comprise fresh issue of shares worth up to 7.5 billion rupees ($91.5 million) and an offer for sale of up to 70.3 million shares from existing stakeholders, according to the draft prospectus dated July 26.
The offer for sale portion includes up to 16.5 million shares owned by Federal Bank.
Fedbank Financial Services, a retail focused non-banking finance company (NBFCs), posted profit of 1.80 billion rupees for the year ended March 31, compared with 1.03 billion rupees a year ago.
Its total revenue from operations grew 35.6% to 11.79 billion rupees.
ICICI Securities and JM Financial were among the book running lead managers for the Mumbai-based firm's IPO.
The IPO filing comes as Reliance Industries' Jio Financial Services JIOF.NS gears up to enter the sector following the launch of a joint venture with U.S.-based asset manager BlackRock BLK.N.
A surge in India's equity market fuelled by improved domestic sentiment has fired up stock listings, with Mankind Pharma MNKI.NS, Blackstone's Nexus Select Trust NEXE.NS and drone maker ideaForge Technology IDEF.NS surging in their trading debut.
Several companies had put brakes on their IPO plans in the past few months, citing turbulent stock market conditions over recession worries and fears about the financial health of banks.
Personal care products startup Mamaearth put its IPO on hold while apparel retailer Fabindia and jeweller Joyalukkas withdrew their IPO.
($1 = 81.9356 Indian rupees)
(Reporting by Rama Venkat in Bengaluru; Editing by Dhanya Ann Thoppil)
(([email protected]; https://twitter.com/ramavenkat0607; +91 8095218099;))
MUMBAI, May 23 (Reuters) - India's Fedbank Financial Services FEDB.NS has accepted bids worth 2 billion rupees ($24.2 million) for subordinated bonds maturing in six years and 11 months, three bankers said on Friday.
It will pay an annual coupon of 9.00% to the investors and had invited bids on Thursday, they said.
Below is the list of deals reported so far on May 26
Issuer | Tenure | Issue size (in bln rupees) | Bidding date | Rating |
Fedbank Financial Services | 6-yr and 11 mnts | 2 | 25 May | AA (CARE Ratings) |
IIFL Samasta Finance | 3-yr and 6 mnts | 1.5 | 25 May | AA- (Crisil) |
IIFCL | 10-yr | 5 + 15 | 29 May | AAA (ICRA, India Ratings) |
* Size includes base plus greenshoe for some issuances
($1 = 82.7400 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Sonia Cheema)
MUMBAI, May 23 (Reuters) - India's Fedbank Financial Services FEDB.NS has accepted bids worth 2 billion rupees ($24.2 million) for subordinated bonds maturing in six years and 11 months, three bankers said on Friday.
It will pay an annual coupon of 9.00% to the investors and had invited bids on Thursday, they said.
Below is the list of deals reported so far on May 26
Issuer | Tenure | Issue size (in bln rupees) | Bidding date | Rating |
Fedbank Financial Services | 6-yr and 11 mnts | 2 | 25 May | AA (CARE Ratings) |
IIFL Samasta Finance | 3-yr and 6 mnts | 1.5 | 25 May | AA- (Crisil) |
IIFCL | 10-yr | 5 + 15 | 29 May | AAA (ICRA, India Ratings) |
* Size includes base plus greenshoe for some issuances
($1 = 82.7400 Indian rupees)
(Reporting by Dharamraj Dhutia
Editing by Sonia Cheema)
MUMBAI, May 23 (Reuters) - India's Fedbank Financial Services plans to raise at least 1 billion rupees ($12.23 million) through the sale of bonds maturing in six years and 11 months, three bankers said on Tuesday.
It has invited coupon and commitment bids for the issue on Thursday, they said.
Issuer | Tenure | Coupon(in %) | Issue size - base plus greenshoe (in bln rupees) | Bidding date | Rating |
Fedbank Financial Services | 6-yr and 11 months | To be decided | 1 + 1 | May 25 | AA (CARE Ratings) |
Shriram Finance reissue | 4-years and 11-months | To be decided | 0.25 + 0.75 | May 24 | AA+ (Crisil) |
($1 = 81.7800 Indian rupees)
(Reporting by Dharamraj Dhutia)
MUMBAI, May 23 (Reuters) - India's Fedbank Financial Services plans to raise at least 1 billion rupees ($12.23 million) through the sale of bonds maturing in six years and 11 months, three bankers said on Tuesday.
It has invited coupon and commitment bids for the issue on Thursday, they said.
Issuer | Tenure | Coupon(in %) | Issue size - base plus greenshoe (in bln rupees) | Bidding date | Rating |
Fedbank Financial Services | 6-yr and 11 months | To be decided | 1 + 1 | May 25 | AA (CARE Ratings) |
Shriram Finance reissue | 4-years and 11-months | To be decided | 0.25 + 0.75 | May 24 | AA+ (Crisil) |
($1 = 81.7800 Indian rupees)
(Reporting by Dharamraj Dhutia)
April 25 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES LTD - TO CONSIDER ISSUANCE OF NON-CONVERTIBLE DEBENTURES
Source text for Eikon: ID:nBSEbkHDpd
Further company coverage: FEDB.NS
(([email protected];))
April 25 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:
FEDBANK FINANCIAL SERVICES LTD - TO CONSIDER ISSUANCE OF NON-CONVERTIBLE DEBENTURES
Source text for Eikon: ID:nBSEbkHDpd
Further company coverage: FEDB.NS
(([email protected];))
More Small Cap Ideas
See similar 'Small' cap companies with recent activity
Promoter Buying
Companies where the promoters are bullish
Capex
Companies investing on expansion
Superstar Investor
Companies where well known investors have invested
Popular questions
- Business
- Financials
- Share Price
- Shareholdings
What does Fedbank Fin.l Serv. do?
Fedbank Financial Services Limited is a retail-focused NBFC in India with a low cost of borrowing for MSMEs, gold loan sectors. They cater to MSME and ESEI sectors offering products like mortgage loans and unsecured business loans with a Phygital doorstep model.
Who are the competitors of Fedbank Fin.l Serv.?
Fedbank Fin.l Serv. major competitors are OnEMI Technology, Northern ARC Capital, Paisalo Digital, SG Finserve, AYE Finance, Bengal & Assam Co, Sindhu Trade Links. Market Cap of Fedbank Fin.l Serv. is ₹5,736 Crs. While the median market cap of its peers are ₹4,953 Crs.
Is Fedbank Fin.l Serv. financially stable compared to its competitors?
Fedbank Fin.l Serv. seems to be less financially stable compared to its competitors. Altman Z score of Fedbank Fin.l Serv. is 0.87 and is ranked 8 out of its 8 competitors.
Does Fedbank Fin.l Serv. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Fedbank Fin.l Serv. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How strong is Fedbank Fin.l Serv. balance sheet?
Latest balance sheet of Fedbank Fin.l Serv. is strong. Strength was visible historically as well.
Is the profitablity of Fedbank Fin.l Serv. improving?
The profit is oscillating. The profit of Fedbank Fin.l Serv. is ₹344 Crs for TTM, ₹225 Crs for Mar 2025 and ₹245 Crs for Mar 2024.
Is Fedbank Fin.l Serv. stock expensive?
Fedbank Fin.l Serv. is not expensive. Latest PE of Fedbank Fin.l Serv. is 16.69 while 3 year average PE is 19.28. Also latest Price to Book of Fedbank Fin.l Serv. is 1.96 while 3yr average is 2.06.
Has the share price of Fedbank Fin.l Serv. grown faster than its competition?
Fedbank Fin.l Serv. has given better returns compared to its competitors. Fedbank Fin.l Serv. has grown at ~69.78% over the last 1yrs while peers have grown at a median rate of 26.37%
Is the promoter bullish about Fedbank Fin.l Serv.?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Fedbank Fin.l Serv. is 60.79% and last quarter promoter holding is 60.81%
Are mutual funds buying/selling Fedbank Fin.l Serv.?
The mutual fund holding of Fedbank Fin.l Serv. is increasing. The current mutual fund holding in Fedbank Fin.l Serv. is 2.71% while previous quarter holding is 2.1%.