IPO Details
Bidding Dates
06 Nov 25 - 10 Nov 25
Lot Size
2000
Price Range ₹
140 - 142
Exchange Status
NSE
Total Equity
₹ 71.68Cr
IPO Doc
IPO Timeline
Listing
--
Offer start
06 Nov 2025
Offer end
10 Nov 2025
Allotment
11 Nov 2025
Refund initiation
12 Nov 2025
Demat transfer
12 Nov 2025
Listing
--
Offer start
06 Nov 2025
Offer end
10 Nov 2025
Allotment
11 Nov 2025
Refund initiation
12 Nov 2025
Demat transfer
12 Nov 2025
About Company
Incorporated in July 2012, Finbud Financial Services Limited is a prominent loan aggregation and financial intermediation platform in India. The company specializes in connecting individual and business borrowers with banks and NBFCs, simplifying loan discovery, comparison, and documentation through its technology-driven platform.Finbud operates as a digital loan aggregator, providing access to personal, business, and home loans, and earns commissions from lending partners once a loan is disbursed. Its platform leverages data analytics and an extensive agent network to enhance loan approvals, ensuring a fast, customer-friendly experience.As of July 31, 2025, Finbud employs 276 people across India.Finbud’s revenue primarily stems from commissions on successful loan disbursements. It acts as a bridge between borrowers and lenders, offering value through:Loan offer comparison (multiple banks/NBFCs)Product recommendation based on borrower profileLoan documentation and processing support.Post-loan customer servicing.Its key growth strategy focuses on expanding its agent network, enhancing digital infrastructure, and strengthening partnerships with lending institutions.
Year Founded
09-07-2012
Promotor Details
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
| Percentage | 64.92 | 0 |
| Share Capital | 9089748 | 0 |
Offer to Public
50,48,000.00 Cr
Project Details
- Working Capital Requirement - 209cr
- Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company - 65cr
- Investment in Data Analytics - 75cr
- Investment In Wholly Owned Subsidiary i.e. LTCV Credit Private Limited - 150cr
- Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company - 40.3cr
- Funding for Business Development and Marketing Activities - 177.5cr
- Investment in Digital Lending and Cloud Software - 80cr
Objectives
- Working Capital RequirementInvestment In Wholly Owned Subsidiary i.e. LTCV Credit Private LimitedFunding for Business Development and Marketing ActivitiesPrepayment or repayment of a portion of certain outstanding borrowings availed by our CompanyGeneral Corporate Purposes
Highlights
- Presence across personal, business, and home loans reduces dependence on any single segment.
- Proprietary loan comparison and analytics platform improves efficiency and scalability.
- Wide reach across India enhances customer acquisition and loan penetration in semi-urban regions.
- Consistent revenue and profit growth with solid ROE (23.61%) and improving margins indicate operational strength.
- Collaborations with multiple banks and NBFCs ensure product variety and recurring business flow.
Challenges
- PAT margin of just 3.8% and EBITDA margin of 6.5% indicate thin spreads typical in aggregation businesses.
- Revenue is commission-based; any loss of partnerships or tightening by lenders can impact topline growth.
- Faces competition from other fintech platforms (e.g., Paisabazaar, BankBazaar) and emerging digital lenders.
- Subject to RBI and NBFC-related compliance norms, especially around data privacy and KYC processes.
- Debt-to-equity ratio of 0.51 is manageable but needs monitoring as the company expands aggressively.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
| 2023 | 2,651.08 | 1.57 | -0.87 | -0.87 | -0.0069 |
| 2022 | 2,345.48 | 1.57 | 183.32 | 183.32 | 1.4537 |
| 2025 | 6,757.69 | 1,400.15 | 565.78 | 565.78 | 4.4867 |
| 2024 | 4,383.29 | 1.57 | -0.87 | -0.87 | -0.0069 |
