The Finbud Financial IPO minimum market lot is 2,000 shares with ₹2,84,000 application amount. The Finbud Financial IPO is a SME IPO, and it is to be listed on NSE SME.
Finbud Financial is a leading loan platform in India that helps people get personal, business, and home loans from banks and NBFCs. The company finds customers through digital marketing and a network of external agents. Once a customer shows interest, Finbud Financial uses its matchmaking system to suggest the best loan options, helps them compare offers from different lenders, and supports them through the entire process from applying to getting the loan amount disbursed.
The company uses a hybrid business model to serve all types of customers, those who prefer traditional methods and those who are comfortable online. Further, with a strong agent network and effective digital marketing, they can easily attract and retain customers. In addition, partnerships with major banks and NBFCs help build a strong position in the market.
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
Finbud Financial IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.04 | 2.37 | 4.33 |
| NII | 1.41 | 1.28 | 8.38 |
| RII | 0.34 | 0.53 | 2.80 |
| Total | 0.48 | 1.21 | 4.43 |
Finbud Financial IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Finbud Financial IPO Review
- May Apply for long term
Finbud Financial IPO Form
How to apply for the Finbud Financial IPO? You can apply for Finbud Financial IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Finbud Financial IPO in the Invest section. The other option is you can apply for Finbud Financial IPO via IPO forms downloaded online. Check out the finbud-financial-services forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
