Finbud Financial SME IPO Subscription
ListedUpdated 13 November 2025, 9:15 AM IST· NSE SME
Finbud Financial SME IPO subscription closed on 10 November 2025 at 4.43x overall by shares. QIB demand came in at 4.33x, NII at 6.46x, and retail at 2.89x. See Retail, SHNI, and BHNI allotment chances in the table…
Finbud Financial SME IPO subscription closed on 10 November 2025 at 4.43x overall by shares. QIB demand came in at 4.33x, NII at 6.46x, and retail at 2.89x. See Retail, SHNI, and BHNI allotment chances in the table below.
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Allotment date is 11 November 2025. Listing date on NSE and BSE is 13 November 2025.
Finbud Financial SME IPO Day-wise Subscription
Daily QIB, NII, Retail, and overall subscription as bids come in
| Day | QIB | NII | Retail | Overall |
|---|---|---|---|---|
| Day 1 - 6 Nov 2025 | 0.04x | 1.42x | 0.34x | 0.48x |
| Day 2 - 7 Nov 2025 | 2.37x | 1.28x | 0.53x | 1.21x |
| Day 3 - 10 Nov 2025 | 4.33x | 8.38x | 2.80x | 4.43x |
Finbud Financial SME IPO Allotment Chances
Retail, SHNI, and BHNI chances based on application subscription
Finbud Financial SME IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.
| Category | Subscription (Apps) | Allotment Chances |
|---|---|---|
| Retail (IND) | 2.89x | 1 in 3 |
| SHNI (Rs 2L to Rs 10L) | 2.69x | 1 in 3 |
| BHNI (above Rs 10L) | 2.64x | 1 in 3 |
Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.
Check the Finbud Financial SME IPO Allotment Status page from 11 November 2025 for your result.
Finbud Financial SME IPO Subscription by Amount
Category-wise subscription based on amount applied at issue price Rs 142.00
| Category | Amount Offered | Amount Applied | Subscription |
|---|---|---|---|
| QIB | Rs 13.60 Cr | Rs 58.87 Cr | 4.33x |
| FII | - | Rs 7.67 Cr | - |
| DFI | - | Rs 1.51 Cr | - |
| Mutual Funds | - | - | - |
| Other | - | Rs 49.70 Cr | - |
| NII | Rs 13.82 Cr | Rs 89.28 Cr | 6.46x |
| bNII (above Rs 10L) | Rs 9.21 Cr | Rs 76.04 Cr | 8.26x |
| Corporate | - | Rs 6.49 Cr | - |
| Individual | - | Rs 68.64 Cr | - |
| Other | - | Rs 90.88 L | - |
| sNII (Rs 2L to Rs 10L) | Rs 4.61 Cr | Rs 13.23 Cr | 2.87x |
| Corporate | - | Rs 51.12 L | - |
| Individual | - | Rs 12.47 Cr | - |
| Other | - | Rs 25.56 L | - |
| IND | Rs 23.86 Cr | Rs 69.01 Cr | 2.89x |
| Total | Rs 51.28 Cr | Rs 217.16 Cr | 4.24x |
Finbud Financial SME IPO Subscription by Applications
Category-wise subscription based on applications received
| Category | Applications Offered | Applications Received | Subscription |
|---|---|---|---|
| QIB | 958 | 14 | 0.01x |
| FII | - | 3 | - |
| DFI | - | 1 | - |
| Mutual Funds | - | - | - |
| Other | - | 10 | - |
| NII | 324 | 861 | 2.66x |
| bNII (above Rs 10L) | 216 | 571 | 2.64x |
| Corporate | - | 10 | - |
| Individual | - | 553 | - |
| Other | - | 8 | - |
| sNII (Rs 2L to Rs 10L) | 108 | 290 | 2.69x |
| Corporate | - | 12 | - |
| Individual | - | 272 | - |
| Other | - | 6 | - |
| IND | 840 | 2,430 | 2.89x |
| Total | 2,122 | 3,305 | 1.56x |
What Do These Subscription Numbers Mean?
4.43x overall by shares means bids covered about 4 times the shares on offer. Allotment chances depend on applications in each category.
QIB at 4.33x by shares shows institutional demand from mutual funds, FIIs, and banks.
NII covers bids above Rs 2 lakh (2.66x by applications). Split: SHNI 2.69x, BHNI 2.64x by applications. SHNI and BHNI allotment is by lottery.
At 2.89x subscription by applications, about 1 in 3 retail applicants may get allotment (~35% chance per application). Retail allotment is also by lottery.
Finbud Financial SME IPO GMP After Subscription
GMP for Finbud Financial SME stands at Rs 11.00 today, giving an estimated listing price of Rs 153.00 per share.
A subscription of 4.43x combined with a GMP of 7.75% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.
Track live GMP on the Finbud Financial SME IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.
Finbud Financial SME IPO Key Dates
| Event | Date |
|---|---|
| IPO Open Date | 6 November 2025 |
| IPO Close Date | 10 November 2025 |
| Allotment Date | 11 November 2025 |
| Refund Initiation | 12 November 2025 |
| Share Credit to Demat | 12 November 2025 |
| Listing Date | 13 November 2025 |
| Minimum Investment | Rs 2,84,000.00 |
| Lot Size | 1000 shares |
About Finbud Financial SME
Finbud Financial Services Ltd. , operating under the brand 'Finance Buddha', is a leading hybrid retail loan aggregation platform established in 2012. It connects borrowers with banks and NBFCs for a comprehensive range of loan products, including personal loans (74.
Understanding Subscription Categories
QIB - Qualified Institutional Buyers
Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.
NII - Non-Institutional Investors (SHNI & BHNI)
Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.
IND - Individual Investors
Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.
Finbud Financial SME IPO Pages
Open related pages for this IPO: details, GMP, subscription, allotment, review, FAQ, registrar, timeline, and news.
Finbud Financial SME Details
Issue size, price, financials, and company info
Finbud Financial SME GMP
Live grey market premium and listing estimate
Finbud Financial SME Subscription
QIB, NII, Retail, SHNI and BHNI subscription
Finbud Financial SME Allotment
Allotment date, chances, and check by PAN
Finbud Financial SME Review
SWOT, strengths, risks, and IPO review
Finbud Financial SME FAQ
Common questions on dates, GMP, and allotment
Finbud Financial SME Registrar
Registrar website and how to check allotment
Finbud Financial SME Timeline
Open, close, allotment, and listing dates
Finbud Financial SME News
Updates, blogs, and latest IPO news
Finbud Financial SME IPO Subscription FAQs
What is Finbud Financial SME IPO subscription status today?
Finbud Financial SME IPO subscription closed on 10 November 2025 with overall subscription of 4.43x (by shares) as of 27 August 2026, 4:32 AM IST. QIB 4.33x, NII 2.66x, IND 2.89x.
What is the overall subscription of Finbud Financial SME IPO?
Finbud Financial SME IPO is subscribed 4.43x overall by shares at close on 10 November 2025. QIB 4.33x, NII 2.66x, and IND 2.89x.
What is Finbud Financial SME IPO QIB subscription?
Finbud Financial SME IPO QIB (Qualified Institutional Buyers) subscription is 4.33x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.
What is Finbud Financial SME IPO IND subscription?
Finbud Financial SME IPO IND subscription is 2.89x by applications. Retail bids are up to Rs 2 lakh per PAN.
What is Finbud Financial SME IPO NII, SHNI, and BHNI subscription?
Finbud Financial SME IPO NII subscription is 2.66x by applications. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) at 2.69x and BHNI (above Rs 10L) at 2.64x.
What are Finbud Financial SME IPO retail allotment chances?
At 2.89x subscription by applications, about 1 in 3 retail applicants may get allotment (~35% chance per application). Allotment is by lottery.
What are Finbud Financial SME IPO SHNI allotment chances?
At 2.69x subscription by applications, about 1 in 3 SHNI applicants may get allotment (~37% chance per application). Allotment is by lottery.
What are Finbud Financial SME IPO BHNI allotment chances?
At 2.64x subscription by applications, about 1 in 3 BHNI applicants may get allotment (~38% chance per application). Allotment is by lottery. Share subscription was 8.26x. Allotment chances use applications, not share volume.
When is Finbud Financial SME IPO allotment date?
Finbud Financial SME IPO allotment date is 11 November 2025. Check Finbud Financial SME IPO Allotment Status on IPOwiz from that day using your PAN.
When does Finbud Financial SME IPO subscription close?
Finbud Financial SME IPO subscription closed on 10 November 2025. No new applications are accepted after the close.
What is Finbud Financial SME IPO GMP today?
Finbud Financial SME IPO GMP is ₹11 today (+7.75% over issue price ₹142). See live GMP on the Finbud Financial SME IPO GMP Today page.
What is Finbud Financial SME IPO issue price and lot size?
Finbud Financial SME IPO issue price is ₹142 per share. Lot size is 1000 shares. Minimum investment is ₹2,84,000 per lot (minimum 2 lots for SME). Issue size: ₹68.09 Cr.
When is Finbud Financial SME IPO listing date?
Finbud Financial SME IPO listing date is 13 November 2025 on NSE and BSE. Allotment is on 11 November 2025.
How does subscription affect Finbud Financial SME IPO allotment?
In Finbud Financial SME IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 4.43x overall, competition is moderate.
For allotment results from 11 November 2025, visit the Finbud Financial SME IPO Allotment Status page. For listing day updates on 13 November 2025, download the IPOwiz App.
Sources
We match Finbud Financial SME IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.
- SEBIRules for IPO allotment and disclosures in India
- NSEExchange notices, bidding data, and listing updates
- BSEExchange notices and IPO allotment check tools
- RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
- IPO RegistrarRegistrar details are on the allotment page for this IPO
Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.
Reviewed by
Dinesh Agrawal · Lead IPO Analyst
15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.