Finbud Financial Services Limited (FFSL) is a Bengaluru-based loan aggregation and financial services platform that simplifies borrowing for individuals and small businesses across India. Operating under the brand name Finance Buddha, the company connects borrowers with multiple banks and non-banking financial companies (NBFCs) to help them find the most suitable credit solutions.
Services:
- Offer Comparison: FFSL allows customers to compare loan offers from a wide range of lenders, enabling them to make informed financial decisions.
- Product Recommendations: Based on customer profiles, the platform suggests the most appropriate loan products tailored to their needs.
- Documentation Support: The company assists customers throughout the loan documentation process, ensuring a smooth and efficient experience.
- Commission-Based Model: FFSL earns commission income from lending partners upon successful loan disbursal, forming the core of its revenue stream.
Product Portfolio:
- Personal Loans: Unsecured loans designed for salaried professionals, with an average ticket size of around ₹10 lakh — the company’s largest revenue contributor through its agent network.
- Business Loans: Unsecured loans for small and medium enterprises (SMEs), averaging ₹20 lakh, contributing significantly to overall revenue.
- Home Loans: Secured loans offered for home purchases and mortgage-based financing solutions for individuals and SMEs.
As of July 31, 2025, Finbud Financial Services Limited employs approximately 276 professionals across its offices in India, reflecting its growing operational scale and focus on customer-centric financial solutions.
Finbud Financial IPO – Details
| IPO Opening Date | 06 November 2025 |
| IPO Closing Date | 10 November 2025 |
| Issue Type | Bookbuilding IPO |
| Issue Size | Total Issue: 50,48,000 Shares Worth ₹71.68 Crore Fresh Issue: 50,48,000 Shares Worth ₹71.68 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹140 – ₹142 per share |
| Market Lot | 1000 Shares |
| Min Order | 1000 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Finbud Financial IPO – Date Schedule
| IPO Open Date | 06 November 2025 |
| IPO Close Date | 10 November 2025 |
| Basis of Allotment | 11 November 2025 |
| Initiation of Refund | 12 November 2025 |
| Credit of Shares to Demat | 12 November 2025 |
| IPO Listing Date | 13 November 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on November 10, 2025 |
Finbud Financial IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,000 | ₹2,84,000 |
| Retail (Max) | 2 | 2,000 | ₹2,84,000 |
| S-HNI (Min) | 3 | 3,000 | ₹4,26,000 |
| S-HNI (Max) | 7 | 7,000 | ₹9,94,000 |
| B-HNI (Min) | 8 | 8,000 | ₹11,36,000 |
Competitive Strength
- Extensive agent network across India.
- Strong digital lending platform with robust technological infrastructure.
- Comprehensive range of loan products.
- Partnerships with lending institutions.
- Effective use of data analytics for customer profiling and loan approval.
Company Promoters
- Parth Pande
- Vivek Bhatia
- Parag Agarwal
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹135.57 Cr | ₹133.13 Cr | ₹1.83 Cr | ₹7.40 Cr |
| 31 March 2024 | ₹190.28 Cr | ₹182.25 Cr | ₹5.66 Cr | ₹12.43 Cr |
| 31 March 2025 | ₹223.50 Cr | ₹211.55 Cr | ₹8.50 Cr | ₹18.51 Cr |
| 31 July 2025 | ₹85.82 Cr | ₹81.10 Cr | ₹3.33 Cr | ₹20.48 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | 23.61% |
| ROCE | 32.11% |
| Debt/Equity | 0.51 |
| RoNW | 23.61% |
| PAT Margin | 3.81% |
| EBITDA Margin | 6.57% |
| Price to Book Value | 5.53 |
| Market Capitalization | 270.50 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 6.07 | 5.24 |
| P/E (x) | 23.40 | 27.08 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Working Capital Requirement. | ₹20.90 |
| Investment In Wholly Owned Subsidiary, i.e., LTCV Credit Private Limited. | ₹15.00 |
| Funding for Business Development and Marketing Activities. | ₹17.75 |
| Prepayment or repayment of a portion of certain outstanding borrowings availed by our Company. | ₹4.03 |
| General Corporate Purposes. | – |
✅Strengths
- Established digital loan aggregator under Finance Buddha brand.
- Strong partnerships with banks and NBFCs.
- Consistent revenue growth, crossing ₹200 crore in FY2025.
- Tech-driven operations improving efficiency and scalability.
- Diversified portfolio of personal, business, and home loans.
- Experienced promoters and professional management team.
⚠️Risks
- High dependence on partner banks and NBFCs for revenue.
- Intense competition in the loan aggregation market.
- Exposure to regulatory and compliance changes.
- Vulnerability to cyber and operational risks.
- Sensitive to economic downturns and credit demand fluctuations.
- Limited brand presence in newer markets.
Finbud Financial IPO Promoter Holding
| Pre Issue Share Holding | 64.92% |
| Post Issue Share Holding | – |
Finbud Financial IPO Prospectus
Company Contact Information
| Finbud Financial Services Ltd. No.10, 1st Floor, 6th Main, 9th Cross Jeevan Bhima Nagar Bangalore Urban, Karnataka, 560075 Phone: +91 98862 32323 Email: cs@financebuddha.com Website: https://www.financebuddha.com/ |
Finbud Financial IPO Registrar
| Skyline Financial Services Pvt.Ltd. Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
Finbud Financial IPO Lead Manager(s)
| 1. SKI Capital Services Ltd. |
Finbud Financial IPO FAQ
| What is Finbud Financial IPO? Finbud Financial IPO is an SME IPO. The issue is priced at ₹140 – ₹142 per equity share. The IPO is to be listed on NSE SME. |
| When Finbud Financial IPO will open? The IPO is to open on 06 November 2025 for QIB, NII, and Retail Investors. |
| What is Finbud Financial IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Finbud Financial IPO Size? Finbud Financial IPO size is ₹71.68 Crore. |
| What is Finbud Financial IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2,000 Shares with ₹2,84,000 amount, while the maximum bid is 2,000 Shares with ₹2,84,000. |
| What is the Finbud Financial IPO Allotment Date? Finbud Financial IPO allotment date is 11 November 2025. |
| What is the Finbud Financial IPO Listing Date? Finbud Financial IPO listing date is 13 November 2025. The IPO is to be listed on the NSE SME. |
