Finbud Financial Services Ltd. is a book-building issue of entirely fresh issue of 50,48,000 Equity Shares at a face value of ₹10, aggregating to ₹71.68 crores. The IPO bidding subscription to open on 6 November 2025 and close on 10 November 2025.
The Finbud Financial Services IPO allotment is scheduled on 11 November 2025. Finbud Financial Services IPO will be listed on NSE SME as on 13 November 2025.
Finbud Financial Services Ltd. IPO price band is set at ₹140.00 to ₹142.00 per share. The lot size for the IPO is 1,000 shares with a minimum investment of ₹2,84,000, that is 2 lots based on the upper price, by the retail investors. The lot size investment for HNIs is 3 lots of 3,000 shares, amounting to ₹4,26,000.
Finbud Financial Services Ltd. IPO Details
This table provides a clear view of Finbud Financial Services Ltd. IPO Share price, issue type, net offered to the public, and much more.
Check out Finbud Financial Services Ltd. IPO details in India:
| IPO Open Date | 6 November 2025 |
| Close Date | 10 November 2025 |
| Face Value | ₹10 |
| Price Band | ₹140.00 to ₹142.00 |
| Issue Price | Undisclosed |
| IPO Lot Size | 1000 shares |
| Sale Type | Fresh capital |
| Offer for Sale | NA |
| Fresh Issue | 50,48,000 Equity Shares |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size (₹ Cr) | Up to ₹71.68 Cr |
| Reserved for Market Maker | 2,53,000 shares up to ₹3.59 Cr |
| Net Offered to Public | 47,95,000 shares up to ₹68.09 Cr |
| Minimum Investment(₹) | ₹2,84,000 (2 lots of 1000 shares each) |
| Retail Discount | NA |
Finbud Financial Services Ltd. IPO Timeline
A view of the IPO timeline, including opening date, closing, and listing date:
| IPO Open Date | 6 November 2025 |
| IPO Closing Date | 10 November 2025 |
| Tentative Allotment | 11 November 2025 |
| Initiation of Refunds | 12 November 2025 |
| Credit of Shares to demat | 12 November 2025 |
| Tentative Listing Date | 13 November 2025 |
| Cut-off Time for UPI Mandate Confirmation | 10 November 2025, 5 PM |
Finbud Financial Services Ltd. IPO Grey Market Premium (GMP Today)
The Finbud Financial Services Ltd. IPO GMP today stands at ₹0. A steady increase in the GMP of an IPO reflects positive sentiment of the investors and the market ahead of the listing.
| Date | GMP (₹) | Estimated Listing Price | Estimated Listing Gain | Trend |
| 30 October 2025 | ₹0 | ₹142 (0.00%) | ₹0 | – |
| 30 October 2025 | ₹0 | ₹ (0.00%) | ₹0 | – |
Grey Market Premium (GMP) values reflect real-time fluctuations in demand for the IPO, level of subscription, and market sentiment.
What is the Percentage of Finbud Financial Services Ltd. IPO GMP?
The Grey Market Premium (GMP) for Finbud Financial Services Ltd. IPO is currently ₹0, that is the GMP percentage is 0.00%. The estimated listing price is ₹142, matching the IPO price, as on 30 October 2025.
Finbud Financial Services Ltd. IPO Reservation
The issue comprises reservations made for market makers, QIBs, retail investors, and NIIs.
| Category | % of Shares Offered | Shares offered |
| Market Maker Shares Offered | 5% | Undisclosed |
| QIB Shares Offered | Not more than 50% | Undisclosed |
| Retail Shares Offered | Not less than 35% | Undisclosed |
| NII (HNI) Shares Offered | Not less than 15% | Undisclosed |
| Total Shares Offered | 100% | 50,48,000 |
Finbud Financial Services Ltd. Key Performance Indicator
Overview of Finbud Financial Services Ltd.’s performance for the past three years (2022 to 2024).
| KPIs | 2024 | 2023 | 2022 |
| ROE (%) | 49.15 | 29.93 | -0.20 |
| ROCE (%) | 51.36 | 25.60 | 51.36 |
| Debt to Equity Ratio (in times) | 1.06 | 1.27 | 1.38 |
| RoNW (%) | 49.15 | 29.93 | -0.20 |
| PAT Margin (%) | 3.12 | 1.36 | -0.01 |
| EBITDA Margin (%) | 5.59 | 3.19 | 2.35 |
| Price Book Value | – | – | – |
Finbud Financial Services Ltd. Financials
| Aspect | 2024 (₹ lakh) | 2023 (₹ lakh) | 2022 (₹ lakh) |
| Revenue | 19,027.22 | 13,547.82 | 8,812.02 |
| Total Asset | 4,566.75 | 2,790.34 | 2,459.32 |
| Profit | 593.08 | 183.60 | -0.87 |
Finbud Financial Services Ltd. IPO Lot Size
This table breaks down the Finbud Financial Services Ltd. IPO lot size and minimum investment requirement by each investor category:
| Application | Lot Size | Shares | Amount(in ₹) |
| Individual investors (Retail) (Min) | 2 | 2,000 | 2,84,000 |
| Individual investors (Retail) (Max) | 2 | 2,000 | 2,84,000 |
| S-HNI (Min) | 3 | 3,000 | 4,26,000 |
| S-HNI (Max) | 7 | 7,000 | 9,94,000 |
| B-HNI (Min) | 8 | 8,000 | 11,36,000 |
Finbud Financial Services Ltd. Promoter Holding
Parth Pande, Vivek Bhatia, and Parag Agarwal are the promoters of Finbud Financial Services Ltd.
Pre-Issue Promoter Holding
| Pre-Issue Promoter Holding | 64.92% |
| Post-Issue Promoter Holding | 47.71% |
Finbud Financial Services Ltd. IPO Anchor Investors Details
This table showcases the funds raised from the anchor investors through Finbud Financial Services Ltd. IPO.
| Bid Date | 4 November 2025 |
| Shares Offered | Up to 60% of QIBs portion |
| Anchor Portion Size (In Cr.) | Undisclosed |
| Anchor lock-in period end date for 50% shares (30 Days) | 11 December 2025 |
| Anchor lock-in period end date for remaining shares (90 Days) | 9 February 2026 |
Finbud Financial Services Ltd. IPO Prospectus
For more details on the Finbud Financial Services Ltd. IPO check out the official document filed with SEBI.
About Finbud Financial Services Ltd.
| Founded in | 2012 |
| Whole Time Director | Parth Pande, Vivek Bhatia and Parag Agarwal |
| Parent Organisation | NA |
| Services Provided | Retail loan aggregation, product recommendation, and loan documentation. |
| Book running lead manager | SKI Capital Services Limited |
| Registrar of the issue | Skyline Financial Services Private Limited |
Objectives of the Finbud Financial Services Ltd.
The Finbud Financial Services Ltd. IPO details of the use of net proceeds from the fresh issue are described below:
| Fund Utilisation | Amount (in ₹ lakh) |
| Working capital needs | 2,090.00 |
| Investment in LTCV Credit Pvt. Ltd. | 1,500.00 |
| Business Development and Marketing Activities | 1,775.00 |
| Payment of a portion of outstanding borrowings | 403.00 |
| General Corporate Purposes | Undisclosed |
Strength Of Finbud Financial Services Ltd.
- Hybrid Business Model: The company combines a wide network of agents along with a strong digital platform to ensure reach, faster processing, and better customer experience.
- Diverse Loan Portfolio: The company offers personal, home, and business loans, designed to meet the different needs of the borrowers across India.
- Institutional Partnerships: The company works with the leading banks and NBFCs to deliver competitive loan products to customers and strengthen their market presence.
- Data-Driven Operations: The company leverages analytics for precise customer profiling, which enhances the loan matchmaking and approval process.
Risk of Finbud Financial Services Ltd.
- Dependence on Agent Network: The company’s heavy reliance on its agents for customer acquisition may impact their scalability and cost efficiency.
- Competitive Pressure: The company faces intense competition from the established lenders and emerging digital platforms, squeezing its margins and retention.
- Regulatory & Economic Risks: The company is subject to the impact of policy shifts, economic slowdowns, and changes in lending norms, which may affect its demand and repayment.
- Operational & Cyber Risks: The company manages a hybrid model that adds to complexity, while data privacy and cybersecurity raise significant challenges.
Finbud Financial Services Ltd. IPO Review
Finbud Financial Services Ltd. IPO presents a steady growth prospect with its mix of agent-based and digital lending models. The company also shows consistent revenue growth and improving margins, which is backed by strong partnerships and data-driven operations.
However, investors should note its reliance on agents, regulatory exposure, and competition. Overall, it offers a promising opportunity in India’s growing retail loan distribution space for medium to long-term investors.
Other Recent IPO List
Check out more ongoing and upcoming IPOs in India, 2025:
| Orkla India IPO | Groww (Billionbrain) IPO |
| Jayesh Logistics IPO | Midwest IPO |
| Game Changers Texfab IPO | Sihora Industries IPO |
| Shreeji Global FMCG | Canara HSBC Life IPO |
Finbud Financial Services Ltd. IPO FAQ‘s
The Finbud Financial Services Ltd. IPO is an SME issue of 50,48,000 fresh equity shares with a face value of ₹10 each, aggregating up to ₹71.68 crore, to be listed on NSE SME.
Investors may apply for the Finbud Financial Services Ltd. IPO through the ASBA process or through UPI by using a broker app. They can select the lot size, enter the bid within the price band, submit before the closing date, and their bank balance gets blocked until allotment.
The Finbud Financial Services Ltd. IPO presents a growth opportunity, backed by a hybrid digital agent model. At the same time, it also carries risks like strong competition and regulation. Whether it’s good or bad, it depends on an investor’s time-horizon and comfort level with SME IPOs.
The returns depend on the demand on the listing day, subscription levels, and post-listing performance. Since the IPO is a fresh issue, the subscription data isn’t yet finalised, and expected returns cannot be forecasted at this stage.
The Finbud Financial Services Ltd. IPO opens on 6 November 2025 and closes on 10 November 2025.
The lot size is 1,000 shares per application for the retail investors. The minimum investment is ₹2,84,000, which is 2 lots of 1000 shares each.
Investors may use their trading apps or bank platforms that support IPO applications. Before applying, they must ensure they have a demat account, select the correct lot size, choose the price within the band if applicable, and apply by the closing date. The payment is blocked through ASBA/UPI until allotment.
The Finbud Financial Services Ltd. IPO allotment is scheduled for 11 November 2025.
The Finbud Financial Services Ltd. The IPO tentative listing date is scheduled for 13 November 2025 on the NSE SME platform.
