
Non-Banking Finance Company (NBFC) Fedbank Financial Services has fixed the price band for its initial public offer (IPO) at ₹133-140 per share. The lost size has been fixed as a minimum bid for 107 equity shares and in multiples of 107 shares thereafter. The IPO of the South-based Federal Bank subsidiary will open for public subscription on November 22. The issue will remain open for public bidding till November 24. Tune in to watch Sakshi Batra share all the key details you need to know before looking to invest in the IPO.