The company has fixed a price band of Rs 140 to Rs 142 per equity share and plans to list its equity shares on NSE Emerge on November 13, 2025.
The IPO comprises a fresh issue of 50,48,000 equity shares, aggregating to Rs 71.68 crore at the upper end of the price band.
The offer is entirely a fresh issue, with no Offer for Sale (OFS) component. The company stated that the proceeds from the IPO will be utilised for expansion initiatives, upgrading its proprietary technology platform, and entering new and emerging markets.
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Founded in 2012 by Vivek Bhatia, Parth Pande, and Parag Agarwal, Finance Buddha operates a hybrid, agent-assisted loan distribution platform. It allows consumers and small businesses to access suitable loan products across multiple banks and NBFCs. According to the company, the matching engine powering its services is backed by advisory-driven processes.The platform spans over 30 states and 19,000 pincodes, and the company has reported a total income of Rs 223 crore in FY25. It recorded a profit after tax of Rs 8.5 crore with an EBITDA margin of 6.7%. Its weighted average Return on Net Worth (RONW) stood at 32.78% over the past three years, as per the company’s disclosures.Finance Buddha is backed by investors, including Ashish Kacholia, the MS Dhoni Family Office, and Shankar V, Founder of CAMS and a member of The Chennai Angels.
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Commenting on the IPO, Co-founder Parag Agarwal said that the offering is an outcome of the company’s belief in technology, trust, and responsibility. He added that Finance Buddha has built a differentiated model combining data intelligence and advisory-led processes.
“Finance Buddha was built on a simple idea that access to credit should be transparent, fair, and within everyone’s reach. Over the past decade, we have used technology and human insight to bridge real gaps in India’s lending ecosystem, empowering both consumers and small businesses. As we prepare for our listing, the focus is on deepening this impact, expanding our presence across emerging markets, strengthening our agent network, and continuing to deliver credit solutions that combine speed, simplicity, and trust,” said Vivek Bhatia, Co-founder, Finance Buddha.
SKI Capital Services Limited is the Book Running Lead Manager (BRLM) to the issue, and Skyline Financial Services Private Limited is acting as the Registrar.
