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Fedbank Financial Services Ltd
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Registered Office:
Kanakia Wall Street A Wing,5th Flr Unit No 511 Andheri(E)
,
Mumbai
-
400093
,
Maharashtra
, India.
Phone :
91-22-6852 0601 Fax:
Email : cs@fedfina.com
Website : www.fedfina.com
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Initial public offer of 78,073,810* equity shares of face value of  10 each ("Equity Shares") of Fedbank Financial Services Limited ("Company" or "Issuer") for cash at a price of 140 per equity share (including a share premium of 130 per equity share) ("Offer Price") aggregating to
1092.26*^ crores (the "Offer") comprising a fresh issue of 42,912,087* equity shares aggregating to 6,00.00*^ crores (the "Fresh Issue") and an offer for sale of 35,161,723* equity shares aggregating to 492.26* crores (the "Offer for Sale"), comprising 5,474,670* equity shares aggregating to 76.65* crores by the Federal Bank Limited ("Promoter Selling Shareholder") and 29,687,053* equity shares aggregating to
415.62* crores by true north fund vi llp ("Investor Selling Shareholder", and together with the promoter selling shareholder, the "Selling Shareholders", and such equity shares offered by the selling shareholders, the "Offered Shares").
This offer included a reservation of 769,230* equity shares aggregating to 10.00^ crores for subscription by eligible employees (the "Employee Reservation Portion"). The company in consultation with the brlms, offered a discount of 10 per equity share of the offer price to eligible employee bidding in the employee reservation portion ("Employee Discount"). The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 21.16% and 20.95% of the post-offer paid-up equity share capital, respectively.
*Subject to finalisation of basis of allotment
^ After employee discount
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Issue
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Money Payable On
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Opens On
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Closes On
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Application
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Allotment
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22-Nov-23
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24-Nov-23
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140.00-0.00
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0.00-0.00
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Minimum Application for shares in Nos :107 Further
Multiples of :107
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Cr
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Lead Managers to the Issue
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Project Cost
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0.00
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Project Financed through Current Offer
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1092.26
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Post Issue Equity Share Capital
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368.99
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Issue Price
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140.00
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