Fedbank Financial Services shares worth ₹329.99 crore gets allotted to investors ahead of IPO
Fedbank Financial Services IPO promoter and investor selling shareholder have transferred ₹329.99 crore worth of equity shares to investors such as SBI Life Insurance, Star Union, Yasya Investments, and Nuvama.
Fedbank Financial Services IPO promoter, the Federal Bank Limited, and investor selling shareholder, True North Fund VI LLP have transferred ₹329.99 crore, worth of equity shares to investors such as SBI Life Insurance, Star Union, Yasya Investments and Nuvama, today. Fedbank Financial Services Limited promoters have transferred 23,571,428 equity shares at the upper end of the price band of ₹140 per equity share following the board's approval.
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