Finbud Financial Services Limited
Against an issue price of ₹142. Split- and bonus-adjusted official closes — a past move, never a forecast.
Finbud Financial Services Limited raised ₹72 crore through a SME-platform initial public offer.
The book was open from 6 November 2025 to 10 November 2025.
The issue was priced at ₹142 a share, from a band of ₹140 to ₹142.
The whole offer is a fresh issue of shares — ₹72 crore raised by the company itself.
The issuer reported the offer subscribed 4.00 times the shares on offer. That is its own final figure, filed with the exchange after the book closed — not a reading we took while bidding was open.
The shares listed on 13 November 2025.
The last official close on file is ₹111 (21 September 2026), which is 21.9% below the issue price.
It now trades as FINBUD, and its filed financials are on its company page.
Shares sold in the issue at ₹142 last closed at ₹110.85.
See FINBUD’s filed financials and price history →Official exchange closes, restated for splits, bonuses and rights issues since listing. A record of past price movement, not a forecast.
No offer-for-sale leg — every share in this offer is newly issued, so the whole amount raised goes to the company.
- Designated exchange
- NSE
- Discount
- None offered
- Registrar
- Skyline Financial Services Private Limited
- Lead manager
- SKI Capital Services Limited
- Bidding opens6 Nov 2025
- Bidding closes10 Nov 2025
- Basis of allotmentnot published
Not published in the exchange feeds we ingest — we do not estimate it.
- Listing13 Nov 2025
This is the issuer’s own final figure, filed with the exchange once bidding had closed — not a reading we took while the book was open. The exchange publishes only a running cumulative figure and no history, so for an issue nobody polled live this filing is the only account of the book that exists. It covers the whole offer and carries no breakdown by category and no timestamp.
- Anchor investors28.5%14,37,000 sh
- Qualified institutional buyers19.0%9,58,000 sh
- Non-institutional investors14.3%7,20,000 sh
- Retail individual investors33.3%16,80,000 sh
- Market maker5.0%2,53,000 sh
No part of the offer was set aside for reserved portion or other.
The portion of the offer set aside for each category before bidding opened, as the issuer filed it. The anchor allocation is filed as its own line rather than inside the institutional one, so these add up to the whole offer. Shares as filed; the percentages are computed against the offer's own share count.
We did not poll this issue while its book was open. The exchange publishes only the current cumulative figure and no history, so a subscription series cannot be reconstructed after an issue closes.
We have not extracted an anchor allotment list for this issue.
- All other pre-issue capitalSEBI ICDR 2018 Reg. 17 — all other pre-issue capital, 6 months from allotment13 May 2026already free
- Promoters' minimum contributionSEBI ICDR 2018 Reg. 16(1)(a) — promoters' minimum contribution, 18 months from allotment13 May 2027whole tranche releases on this date
Computed from the SEBI ICDR 2018 lock-in rules, not disclosed by the issuer or the exchange. The regulation counts from the date of allotment, which no feed we ingest publishes, so these are counted from the listing date and fall at most two to three business days later than the true expiry.
The "Basis for Offer Price" chapter states the earnings the price was set against and the multiples it implies. We have not extracted it for this issue — several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
We have not extracted this section from the offer document for this issue yet. It is read from the abridged prospectus, and several offer documents are served as .zip archives or as scanned pages with no text layer.
The offer document must name the listed companies the issuer considers comparable, and print their valuation figures beside its own. This is that list — the issuer’s choice of comparison, not ours.
| Company | P/E | P/B | RoNW | EPS | Income |
|---|---|---|---|---|---|
| BLS E-Services Limited | 33.0 | — | 12.2% | 5.79 | ₹51,935 cr |
| Industry Averagenot in our universe | 92.3 | — | 0.1% | 7.84 | ₹1,85,898 cr |
| My Mudra Fincorp Limited | 7.8 | — | 16.9% | 9.96 | ₹8,037 cr |
| PB Fintech Limited | 236.1 | — | 5.5% | 7.77 | ₹4,97,721 cr |
The issuer's own figures as printed at the head of the same table — its claim about itself, on the same basis as its claims about the companies below.
Figures as PRINTED by the issuer in its own offer document. The comparison set is the issuer's choice, not ours.
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
SKI Capital Services Limited 2025 – 2026 | 3 1 measurable | -5.0% | — | — | — |
| Firm | Issues | Typical listing move | Below issue @30d | @90d | @180d |
|---|---|---|---|---|---|
Skyline financial services private limited 2021 – 2026 | 79 2 measurable | +12.3% | 0 of 2 | 1 of 2 | 1 of 4 |
A count of what happened to the other issues each firm was named on, computed from exchange closes. Not a rating, not a ranking, and not a view on the firm.
- Prospectus· PDF · exchange archive11 Nov 2025
- Red herring prospectus (RHP)· PDF · exchange archive28 Oct 2025
- Draft red herring prospectus (DRHP)· PDF · exchange archive27 Jul 2025
- Draft red herring prospectus (DRHP)· PDF · exchange archive5 Feb 2025
- Draft red herring prospectus (DRHP)· ZIP · exchange archive31 Jan 2025
- Financial ratios advertisement· ZIP · exchange archive
- Listing filing (XBRL)· XML · exchange archive
Filed with SEBI and the exchanges by the issuer. These are the source for every figure on this page.
Compiled from NSE and SEBI offer documents and exchange feeds. A description of the issue and of the bids received — not investment advice, and not a view on whether to apply. No grey-market premium, no allotment lookup and no listing-gain estimate is published here.