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Fedbank Financial Services IPO opens on November 22, price band set at ₹133-140 apiece
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₹133 to ₹140 per equity share of face value of ₹10. Fedbank Financial Services IPO date of subscription is scheduled for Wednesday, November 22, and will close on Friday, November 24.
The allocation to anchor investors for Fedfina IPO is scheduled to take place on Tuesday, November 21. The floor price is 13.30 times the face value of the equity shares and the cap price is 14 times.
The price to earnings ratio based on diluted EPS for financial year 2023 at the cap price is as high as 25.04 as compared to avaerage industry peer group per ratio of 25.57. Fedbank Financial Services IPO lot size is 107 equity shares and in multiples of 107 equity shares thereafter.
Read more on livemint.comAbout this in other media
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