Finbud Financial IPO: Price, GMP, Analysis, And Details

Finbud Financial IPO- Company Analysis

Finbud Financial IPO under the SME IPO category is a bookbuild issue of Rs. 71.68 Cr by Finbud Financial Services Private Limited, which was incorporated in 2012, started operations in Bengaluru as a retail loan origination and aggregation platform. As a “phygital” platform, Finbud utilises a hybrid of physical and digital systems and fully integrates retail loan origination services. 

The company uses a combination of digital marketing and a vast network of loan origination agents and connectors to bridge the gap between borrowers and loan providers (e.g. banks, NBFCs).

Finbud Financial IPO Details

The Finbud Financial IPO date is on 06 November 2025, and its initial public offering will end on 10 Nov with IPO allotment on Nov 11, and refund initiation on Nov 12, 2025.

The Rs. 71.68 crore new SME IPO comprises a wholly fresh issue of 0.50 crore shares.

The Finbud Financial IPO listing date (expected) might be on Thursday, Nov 13, 2025, and listing at the NSE and SME. 

The Finbud Financial IPO price band is Rs. 140 to Rs. 142.

IPO Timetable (Tentative)

Events	Date
IPO Opening Date	Nov 06, 2025
IPO Closing Date	Nov 10, 2025
IPO Allotment Date	Nov 11, 2025
Refund Initiation	Nov 12, 2025
IPO Listing Date	Nov 13, 2025

 

Click to open demat account and apply for the IPO.

 

 

Company Financials

(Amount in Cr)

Period Ended	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	68.93	44.97	27.47
Total Income	223.50	190.28	135.57
Profit After Tax	8.50	5.66	1.83
EBITDA	14.66	10.59	4.23
Net Worth	35.98	11.79	6.13
Reserves and Surplus	21.98	11.77	6.12
Total Borrowing	18.51	12.43	7.40

 

Cash Flows

(Amount in lac)

Net Cash Flow	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	(1333.08)	(209.76)	268.82
Net Cash Flow Investing Activities	(145.74)	(165.83)	(145.90)
Net Cash Flow Financing Activities	2,036.73	387.39	82.92

Revenue Bifurcation

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Requirement for Working Capital. ~ Rs. 20.90 Cr.

• Investing in LTCV Credit Private Limited, a wholly owned subsidiary. ~ Rs. 15 Cr.

• Funding for Marketing and Business Development Projects.~ Rs. 17.75 Cr.

• Repayment or prepayment of a percentage of some outstanding loans that our company has obtained. ~ Rs. 4.03 Cr.

• General Corporate Purposes.

Listed Peers of Finbud Financial Ltd.

Company Name	Face Value (Rs. )	EPS (Rs. )	P/E Ratio (x)
My Mudra Fincorp Ltd.	10	9.96	7.79
BLS E-Services Ltd.	10	5.79	32.99
PB Fintech Ltd.	2	7.77	236.08

 

Valuation

KPI	Values
ROE	23.61%
ROCE	32.11%
Debt-to-Equity Ratio	0.51
RoNW	23.61%
PAT Margin	3.81%
EBITDA Margin	6.57%
PB Value	5.53

 

 

Evaluation of P/E Ratio

Considering the period ended on FY 2025 with an EPS of Rs. 6.07 from the last year, the resulting P/E ratio is 23.39x.

Explore the Lenskart Solutions IPO.

IPO's Strengths

• The IPO is backed by the Dhoni family office and Ashish Kacholia, which adds credibility to the IPO as does the established brand in retail and loan-aggregation. 

• The company has relationships with numerous banks and non-banking financial companies (NBFCs) to help grow their physical and digital business. 

• Revenue and profit after tax (PAT) have been steadily growing for the company over the years.   

IPO’s Weaknesses 

• EBITDA and PAT margins are at 6.6% and 3.8% respectively, which are lower compared to other fintech companies. 

• The business relies on credit availability and the actions of the partnering banks and NBFCs. Greater controls on lending and banking and regulatory restrictions on credit growth directly affect the company’s growth. 

• SME IPOs are known to have lower liquidity and volatility after they are listed. 
  
  

Finbud Financial IPO GMP (Grey Market Premium)

Finbud Financial IPO GMP today is Rs. 0, as of 01 Nov 2025 at the time of writing this information.

Finbud Financial IPO Summary

The Finbud Financial IPO has a market maker portion size of 2,53,000 Shares (Rs. 3.59 Cr).

IPO Opening & Closing Date	06 Nov, 2025 to 10 Nov, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 140 to Rs. 142 per Share.
Lot Size	1000 Shares
Issue Size	50,48,000 Shares (Rs. 71.68 Cr)
Offer for Sale	-
Fresh Issue	50,48,000 Shares (Rs. 71.68 Cr)
Listing at	NSE, SME
Issue Type	Bookbuild issue IPO
Registrar	Skyline Financial Services Pvt. Ltd.

 

 

IPO Lot Details 

Retail investors can invest in a minimum and maximum of 2 Lots (2000 Shares) for Rs. 2,84,000 and in multiples thereof, while for S-HNI investors, the minimum Lot is 3 (3000 Shares) for Rs. 4,26,000.

Minimum Lot Investment (Retail)	2 Lots
Maximum Lot Investment (Retail)	2 Lots
S-HNI (Min)	3 Lots

 

Finbud Financial IPO Allotment Status

To check the Finbud Financial IPO Allotment Status, visit the official Registrar’s website or the BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

Promoters And Management of Finbud Financial Ltd.

• Parth Pande

• Vivek Bhatia

• Parag Agarwal.

Pre-Issue Promoter Shareholding	64.92%
Post-Issue Promoter Shareholding	-

IPO Lead Managers

• SKI Capital Services Ltd. 

Dividend Policy

The company has no formal dividend policy.

Conclusion

In the context of the SME IPO segment, Finbud Financial IPO is most certainly an enticing proposition and for all the right reasons: the company has fintech-anchored loan-aggregation backed by credible investors and has consistently grown. They also operate an intelligently designed phygital model. 

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

Click Here To Stay Updated With The Upcoming IPOs.

DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.