Fedbank Financial Services IPO

edbank Financial Services IPO is a book built issue of Rs 1,092.26 crores. The issue is a combination of fresh issue of 4.29 crore shares aggregating to Rs 600.77 crores and offer for sale of 3.52 crore shares aggregating to Rs 492.26 crores.

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Fedbank Financial Services IPO price band is set at ?133 to ?140 per share. The minimum lot size for an application is 107 Shares. The minimum amount of investment required by retail investors is ?14,980. The minimum lot size investment for sNII is 14 lots (1,498 shares), amounting to ?209,720, and for bNII, it is 67 lots (7,169 shares), amounting to ?1,003,660. Read more

How do I apply for the Fedbank Financial Services IPO?

You can apply for the Fedbank Financial Services IPO using any supported UPI app by following two steps:

• Enter your bid on rocket
• Accept UPI mandate on your phone

On acceptance of the mandate, the bid amount will get blocked in your bank account.