FEDFINA

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

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** Shares of Fedbank Financial Services FEDB.NS jump 14% to 108 rupees after confirming a news report about an alliance with South Indian Bank SIBK.NS; SIBK up 1.3%

** Deal aims at exploring and maximizing business opportunities together in the gold loan sector, Fedbank said

** Stock on track to log best day on record since listing on Nov. 30, 2023

** FEDB eyes busiest trading session since Dec. 2023, with over 8 mln shares traded

** At current levels, FEDB and SIBK are down ~21% and 4.4% YTD, respectively

(Reporting by Manvi Pant in Bengaluru)

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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

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Oct 22 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:

• NAMES PARVEZ MULLA AS MANAGING DIRECTOR, CHIEF EXECUTIVE OFFICER

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Sept 24 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:

• COMPLETION OF TERM OF K. BALAKRISHNAN AS CHAIRMAN

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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

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Aug 16 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:

• FEDBANK FINANCIAL SERVICES - TO CONSIDER OFFER, ISSUE OF NON-CONVERTIBLE DEBENTURES UPTO 25 BILLION RUPEES

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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

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July 15 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:

• TO CONSIDER ISSUE OF NON-CONVERTIBLE DEBENTURES WORTH UPTO 1.2 BILLION RUPEES

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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

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** 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)

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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

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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

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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

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** 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)

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** 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)

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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

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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)

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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

* Size includes base plus greenshoe for some issuances

($1 = 82.7400 Indian rupees)

(Reporting by Dharamraj Dhutia
Editing by Sonia Cheema)

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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.

($1 = 81.7800 Indian rupees)

(Reporting by Dharamraj Dhutia)

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April 25 (Reuters) - Fedbank Financial Services Ltd FEDB.NS:

• FEDBANK FINANCIAL SERVICES LTD - TO CONSIDER ISSUANCE OF NON-CONVERTIBLE DEBENTURES

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