Finbud Financial Services Limited
Bookbuilding IPO · NSE
- Price band
- ₹140 - ₹142
- Lot size
- 1,000 shares
- Issue amount
- ₹71.68 cr
- Total subscription
- 4.24×
- Opens
- 6 Nov 2025
- Closes
- 10 Nov 2025
- Allotment
- 11 Nov 2025
- Listing
- 13 Nov 2025
Offer at a glance
Issue overview
- Issue size
- 50,48,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,40,000
- Fresh issue
- ₹71.68 cr
- Offer for sale
- ₹0 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,42,000
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,40,01,480
- Shares after issue
- 1,90,49,480
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,000 | ₹2,84,000 |
| sHNI | 3 | 3,000 | ₹4,26,000 |
| bHNI | 8 | 8,000 | ₹11,36,000 |
Share reservation
Subscription & GMP
Subscription by category
Reported 10 Nov 2025
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 14 |
| NIB | 0 | 861 |
| RETAIL | 840 | 2,430 |
| HNIs(10L +) | 160 | 571 |
| HNIs (2-10L) | 80 | 290 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 13.6 | 58.87 |
| FIIs | 0 | 7.67 |
| FIs | 0 | 1.51 |
| Others | 0 | 49.7 |
| RETAIL | 23.86 | 69.01 |
| NIB | 13.82 | 89.28 |
| HNIs 2+ | 3.41 | 13.23 |
| HNIs 10+ | 6.82 | 76.04 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Jul-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 2.38 | 6.07 | 4.04 |
| ROE | 8.47 | 23.61 | 47.99 |
| ROCE | 12.19 | 32.11 | 49.85 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 0 | 0 |
| POST IPO(PE) | 0 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Finbud Financial Services Limited | 23.4 | 0 | 10.00 | 25.7 | 23.61 | 6.07 |
| My Mudra Fincorp Limited | 7.79 | 77.6 | 10.00 | 46.85 | 16.87 | 9.96 |
| BLS E-Services Limited | 32.99 | 191 | 10.00 | 53.1 | 12.18 | 5.79 |
| PB Fintech Limited | 236.08 | 1806 | 2.00 | 140.06 | 5.49 | 7.65 |
Company information
Company profile
Founded in July 2012, Finbud Financial Services Limited is a loan aggregation platform that helps individuals secure personal, business, and home loans from banks and non-banking financial companies. The company assists customers in comparing loan offers, recommending suitable products, and managing documentation, earning commissions from lenders upon loan disbursement. Its key offerings include personal loans for salaried individuals, business loans for SMEs, and home loans for property purchases or mortgages. As of July 2025, Finbud employed around 276 people.
Strengths
- Strong Nationwide Agent Network: Finbud has a wide network of agents across India who handle most loan sourcing. This strong offline presence supports its digital system and helps the company reach semi-urban and rural customers effectively.
- Advanced Digital Lending System: The company uses a powerful technology platform with smart analytics, automatic loan matching, and instant approvals — ensuring quick, accurate, and smooth loan processing.
- Wide Range of Lending Partners: Finbud works with several banks and NBFCs, offering customers more loan options, better approval chances, and reduced dependency on a single lender.
Risk factors
- High Reliance on Agent Network: A large part of Finbud’s revenue comes from agents. Any rule changes, agent loss, or disruptions in this channel can directly affect loan disbursals and overall business performance.
- Cybersecurity and Data Threats: Finbud currently does not have dedicated cyber insurance. A cyberattack or data breach could lead to major financial losses, legal issues, and harm to its brand reputation.
- Dependence on Lending Partners: Finbud’s success depends on strong ties with banks and NBFCs. Any issue, contract non-renewal, or compliance failure with these partners could affect product distribution, cash flow, and business growth.
Promoters
Parth Pande
Vivek Bhatia
Parag Agarwal
Registrar & documents
Lead manager
SKI Capital Services Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
No.10, 1st Floor, 6th Main, 9th Cross Jeevan Bhima Nagar Bangalore Urban, Karnataka, 560075
+91 98862 32323
[email protected]Company website ↗Understanding FINBUD IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.