Fedbank Financial Services Reports No Deviation in IPO Fund Utilization for Q3 FY26
Fedbank Financial Services Limited filed its Q3 FY26 compliance statement confirming no deviation in IPO fund utilization for the quarter ended December 31, 2025. The company raised ₹1,092.26 crores through its IPO on November 29, 2023, with proceeds allocated for Tier I capital augmentation. No funds were utilized during the reporting quarter, making monitoring agency reports inapplicable.

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Fedbank Financial Services Limited has submitted its quarterly compliance statement to stock exchanges, confirming no deviation or variation in the utilization of funds raised through its Initial Public Offer (IPO) during the quarter ended December 31, 2025.
IPO Fund Details and Compliance
The company filed the statement pursuant to Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing confirms that there were no deviations or variations in respect of the utilization of IPO proceeds during the third quarter of FY26.
| Parameter: | Details |
|---|---|
| IPO Date: | November 29, 2023 |
| Amount Raised: | ₹1,092.26 crores |
| Quarter Ended: | December 31, 2025 |
| Monitoring Agency: | ICRA Limited |
| Deviation Status: | No |
Fund Utilization Status
According to the statement, no funds were utilized during the quarter ended December 31, 2025. Due to this non-utilization, the Monitoring Agency Report was deemed not applicable for the reporting period. The IPO proceeds are designated for augmenting the company's Tier I capital base to meet future capital requirements expected to arise from growth in the company's business and assets.
Regulatory Compliance Framework
The statement was signed by Parthasarathy Iyengar, Company Secretary & Compliance Officer, and CV Ganesh, Chief Financial Officer, as authorized signatories. The filing demonstrates the company's adherence to regulatory requirements under SEBI guidelines for listed entities.
| Compliance Aspect: | Status |
|---|---|
| Shareholder Approval Required: | Not Applicable |
| Contract Terms Change: | Not Applicable |
| Auditor Comments: | Not Applicable |
| Audit Committee Review: | Completed |
The company maintains that the net proceeds continue to be allocated toward their original object of augmenting Tier I capital base, with no modifications to the original allocation or purpose. This compliance filing reinforces Fedbank Financial Services' commitment to transparent fund utilization reporting and regulatory adherence.
Historical Stock Returns for Fedbank Financial Services
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +8.82% | +9.44% | +23.63% | +53.53% | +79.66% | +25.77% |












































