What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the Finbud Financial Services Limited IPO allotment date?

The basis of allotment for Finbud Financial Services Limited IPO is scheduled to be finalized on 11 Nov 2025.

Where can I check Finbud Financial Services Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Skyline Financial Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 12 Nov 2025.

IPO GreyPremiumLIVE

Grey Market Intelligence

Finbud Financial Services Limited

ListedSME

Financial Services · NSE

Founded in July 2012, Finbud Financial Services Limited is a loan aggregation platform that helps individuals secure personal, business, and home loans from banks and non-banking financial companies. The company assists customers in comparing loan offers, recommending suitable products, and managing documentation, earning commissions from lenders upon loan disbursement. Its key offerings include personal loans for salaried individuals, business loans for SMEs, and home loans for property purchases or mortgages. As of July 2025, Finbud employed around 276 people.

Price Band

₹140 – ₹142

Issue Size

₹71.68 Cr

Lot Size

1000 shares

GMP

₹8

+5.6%

Est. Listing

₹150

at current GMP

Subscribed

4.24x

overall

Open

6 Nov 2025

10 Nov 2025

Allotment

11 Nov 2025

Refund

12 Nov 2025

Demat Credit

13 Nov 2025

Listing

13 Nov 2025

Last updated 12 months ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

Finbud Financial Services Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

11 Nov 2025

Basis finalization

Refunds Initiate

12 Nov 2025

Mandate release

Demat Credit

13 Nov 2025

Shares in demat

Listing Debut

13 Nov 2025

Trading begins

About Finbud Financial Services Limited Public Issue & Market Profile

Finbud Financial Services Limited is bringing an initial public offering (IPO) in the Financial Services sector with an aggregate issue size of ₹71.68 Crores. The shares are offered at a price band of ₹140 to ₹142 per equity share on NSE. Currently, traders and retail applicants are calculating expected listing gains and break-even points based on unofficial grey market quotations.

Public Issue & Allotment Procedure:

Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 1000 shares (approx. ₹1,42,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.

Official Allotment Timelines & Registrar Guidance:

Allotment reconciliation will be managed by Skyline Financial Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2025-11-13, while un-allotted funds or UPI block mandates will be released on 2025-11-12.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.

Finbud Financial Services Limited

Finbud Financial Services Limited Allotment Status

How to Check Finbud Financial Services Limited IPO Allotment Status

About Finbud Financial Services Limited Public Issue & Market Profile

Frequently Asked Questions

What if my name is not showing on the registrar portal?

How will I receive the refund if I don't get allotment?