Mumbai, Nov. 13 -- The stock listed at Rs 157, a 10.56% premium to the IPO price, and is currently frozen at its 5% upper circuit over the listing price. It touched a high of Rs 164.85 and a low of Rs 157, with 19.96 lakh shares traded on the exchange.

Finbud Financial Services' IPO was subscribed 4.23 times. The issue opened for bidding on 6 November 2025 and it closed on 10 November 2025. The price band of the IPO was fixed between Rs 140 to Rs 142 per equity share.

The IPO comprised fresh issue of 50,48,000 equity shares. The company intends to utilize the net proceeds for working capital requirement, investment in wholly owned subsidiary i.e. LTCV Credit, funding for business development and marketing activities, prepayment or repay...