Finance Buddha IPO: Check Price Band, Dates & Should You Subscribe?
Yes, the Finance Buddha IPO has already seen strong demand before opening for public subscription. The company completed its anchor book allocation, which was subscribed 1.6 times, raising about ₹20.4 crore from institutional investors.
Who Invested in the Finance Buddha IPO Anchor Book?
Leading investor Ashish Kacholia invested nearly ₹7.17 crore through Bengal Finance & Investment. In addition, Bandhan Small Cap Fund participated with ₹6.17 crore, marking its first-ever investment in an SME IPO a rare move for a fund of that scale. Around seven other domestic and global funds contributed approximately ₹1 crore each, showing strong institutional interest in the company.
Finance Buddha IPO Details
| Particulars | Details |
|---|---|
| IPO Type | SME IPO |
| Issue Size | Fresh issue of 50.48 lakh shares |
| Price Band | ₹140 – ₹142 per share |
| Issue Opens On | November 6, 2025 |
| Issue Closes On | November 10, 2025 |
| Anchor Portion Raised | ₹20.4 crore (1.6x subscribed) |
About the Company
Finance Buddha (Finbud Financial Services Ltd) is a phygital loan marketplace, connecting borrowers and lenders through both digital and offline channels. The company counts Ashish Kacholia and the MS Dhoni Family Office among its backers.
How Will the IPO Funds Be Used?
The proceeds from the IPO will go toward:
- Technology upgrades
- Expanding the agent network
- Entering new markets
Is Finance Buddha IPO a good investment?
IPO has received strong anchor investor interest, suggesting confidence in its business model. However, as with all SME IPOs, investors should review financials, valuations, and risk factors before applying.
What to Expect Next
With a strong start in the anchor round, all eyes are now on how retail and NII investors respond when the issue opens for subscription on November 6. The Finance Buddha IPO comes at a time when SME listings are under close watch due to mixed post-listing performances.

Frequently asked questions
The IPO consists entirely of a fresh issue of 50.48 lakh equity shares, aiming to raise funds for technology upgrades, agent expansion, and business growth.
The price band for the Finance Buddha IPO is ₹140 to ₹142 per share.
The company is supported by Ashish Kacholia and the MS Dhoni Family Office, among other investors.
