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Finbud Financial to launch ₹270 crore IPO on November 13 targeting mid-cap investors
Finbud Financial’s ₹270 crore IPO opens November 13, aimed at expanding its digital lending and capital adequacy base.
Finbud Financial announced that its ₹270 crore initial public offering will open on November 13, positioning itself as one of the mid-cap entries in the financial services segment. The company plans to utilize proceeds for capital adequacy improvement, digital lending expansion, and technology modernization. Pre-IPO interest from institutional investors indicates strong appetite for fintech-led credit models.
Finbud’s valuation aligns with sector peers, and listing is expected to enhance its lending capacity across retail and MSME portfolios.