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News Details

( As on 30/10/2025 14:31)

Finbud Financial Ser announces launch of initial public offering

Finbud Financial Services Ltd. has announced public offering of 5048000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 132.00 per share. The gross proceeds of the issue are expected to be Rs 7,168.16 lakhs.

The company's initial public offer (IPO) will open on 06 November 2025 and is expected to close on 10 November 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 140.00-142.00 per share.

The IPO includes a fresh Issue of 5048000 Equity Shares of the Company at an price of Rs 142.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 1000 shares with bids in multiples of 1000.

Finbud Financial Services Ltd. anticipates using the proceeds of the issue for .

SKI Capital Services Limited as lead manager & Skyline Financial Services Pvt. Ltd. is the registrar, to the issue.