Finbud Financial Targets Scale Acceleration Through Capital Raise on NSE SME Board

Finbud Financial’s ₹72 crore IPO will open November 6–10 on NSE SME, positioning the NBFC to deepen its credit underwriting capability, expand digital distribution infrastructure and grow its secured retail lending portfolio. Capital deployment will be focused on strengthening core buffers, enabling regional expansion and widening product depth in secured consumer finance. Formalization of Tier 2 and Tier 3 lending markets continues to drive sustained demand for structured secured products. Investor book quality across anchor allocation buckets will be a key indicator of valuation durability post listing.