Fedbank Financial Services Q3 Results 2024 - Find Fedbank Financial Services Q3 Earnings Result | FEDFINA Q3 results (2024)

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What is the result of FedFina Q3? ›

FedBank Financial Services Q3 results: Net profit increases to ₹65.4 crore. FedFina announced its Q3 results on Monday.

Fedbank Financial Services IPO is a main-board IPO of 78,073,810 equity shares of the face value of ₹10 aggregating up to ₹1,092.26 Crores. The issue is priced at ₹133 to ₹140 per share.

Though Fedbank Financial Services logged the third-fastest AUM growth among its peer and has an edge over them due to access to capital from its promoter Federal Bank, most of the positives are seemingly priced in at a P/BV of 3.3x on the upper price band based on FY23 book value,” Shreyansh Shah, Research Analyst, ...

Federal Bank has TTM P/E ratio 8.95 as compared to the sector P/E of 8.76. There are 30 analysts who have initiated coverage on Federal Bank. There are 14 analysts who have given it a strong buy rating & 7 analysts have given it a buy rating. 1 analysts have given the stock a sell rating.

The promotor/promotors of Fedbank Financial Services Ltd are K Balakrishnan, GAURI RUSHABH SHAH, ANIL KOTHURI, Shyam Srinivasan, MANINDER SINGH JUNEJA, Ashutosh Khajuria, P R Seshadri.

Fedbank IPO Synopsis

The total IPO size is ₹1,092.26 cr. The share allotment date is 28th November, and the IPO will be listed on 30th of November on the stock exchanges. The price band is ₹133 to ₹140 per share and the lot size is 107 shares.

What is the lot size of Fedbank Financial Services IPO? Fedbank Financial Services IPO lot size is 107 Shares, and the minimum amount required is ₹14,980.

The IPO price band is fixed at ₹133 to ₹140 Per Equity Share.