Fedbank Financial Services IPO: GMP, review, other details. Apply or not?

livemint.com:

Fedbank Financial Services IPO opens today: The initial public offering (IPO) of Fedbank Financial Services Ltd has hit primary market today and it will remain open for bidding till 24th November 2023. This means Fedbank Financial Services IPO opens today and it will remain open for bidders till Friday this week. The NBFC has fixed Fedbank Financial Services IPO price at ₹133 to ₹140 per equity share.

The NBFC aims to raise ₹1,092.26 crore from its initial public offer and it is proposed for listing on both BSE and NSE. Meanwhile grey market is signaling muted trend on Fedbank Financial Services IPO. According to investorgain.com, shares of Fedbank Financial Services Ltd are available at a premium of ₹5 in grey market today.

Also Read: Fedbank Financial Services shares worth ₹329.99 crore gets allotted to investors ahead of IPO 1] Fedbank Financial Services IPO GMP: Shares of the NBFC are available at a premium of ₹5 in grey market today. 2] Fedbank Financial Services IPO date: The public issue has opened today and it will remain open till Friday this week. 3] Fedbank Financial Services IPO price: The NBFC has fixed price band of the public issue at ₹133 to ₹140 per equity share.

4] Fedbank Financial Services IPO size: The company aims to raise ₹1,092.26 crore from its initial offer out of which ₹600.77 crore is aimed via issuance of fresh shares. 5] Fedbank Financial Services IPO lot size: A bidder will be able to apply in lots and one lot of the issue comprises 107 company shares. 6] Fedbank Financial Services IPO investment limit: A retail investor would require at least ₹14,980 ( ₹140 x 107) to apply for this public issue.