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Finkurve Financial Services Shares Debut on NSE, Stock Jumps 8.6% on Listing Day

By Shishta Dutta | Published at: Oct 1, 2025 01:10 PM IST

Finkurve Financial Services Shares Debut on NSE, Stock Jumps 8.6% on Listing Day
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Mumbai, October 1, 2025: Finkurve Financial Services Limited (NSE: FINKURVE, BSE: 508954) made its trading debut on the National Stock Exchange (NSE) today, opening at ₹105 and rising to ₹111.39, marking a 7.42% gain over its issue price of ₹103.70.

The company had earlier announced that the NSE approved the listing of 14,00,19,206 fully paid-up equity shares, each with a face value of ₹1, on its Main Board, effective 1 October 2025.

Finkurve Financial Services Limited is a Mumbai-based company that provides financial services through lending, investments, and other related activities. Through the current listing on the NSE, its equity shares are now actively trading and are listed on both the BSE and NSE, promoting liquidity and visibility across the capital markets.

Market Performance

Shares of Finkurve Financial Services Limited are currently trading at ₹112.65, up 8.6% as of 12:36 p.m. IST. The stock opened at ₹105.00, touched an intraday high of ₹114.07, and the day’s lowest was at the opening price of ₹105.00. The counter recorded a trading volume of 33,947 shares and a turnover of ₹38.19 lakh.

The company’s market capitalisation stands at ₹1,427 crore, with a book value per share of ₹15.50. At the current price, the stock trades at a price-to-earnings (P/E) ratio of 78.67 and a price-to-book (P/B) ratio of 7.26, notably higher than the sector P/E of 29.50. The stock’s 52-week high and low stand at ₹114.07 and ₹100.80, respectively, while the volume-weighted average price (VWAP) for the day is ₹110.82. The scrip has an upper circuit limit of ₹114.07 and a lower circuit limit of ₹93.33, highlighting its volatility on debut.

Listing Details

As per the National Stock Exchange (NSE) approval letter, Finkurve Financial Services Limited’s equity shares were admitted to trading in the EQ series under the symbol FINKURVE. The listing comprised 14,00,19,206 fully paid-up equity shares, each with a face value of ₹1.

Lock-In Structure (Annexure – I, NSE approval)

According to the National Stock Exchange (NSE) approval, the shareholding lock-in schedule for Finkurve Financial Services Limited is as follows:

  • 12.69 crore shares (Distinctive Nos. 1 – 12,69,07,457) are free from lock-in.
  • 1,149 shares (Distinctive Nos. 12,69,07,458 – 12,69,08,606) will remain locked in till November 30, 2025.
  • 49.69 lakh shares (Distinctive Nos. 12,69,08,607 – 13,18,77,606) are locked in till February 27, 2026.
  • 80.44 lakh shares (Distinctive Nos. 13,18,77,607 – 13,99,21,706) are also locked in till February 27, 2026.
  • 97,500 shares (Distinctive Nos. 13,99,21,707 – 14,00,19,206) are free from lock-in.

This schedule outlines the portion of shares that will be freely tradable immediately and those that will remain under lock-in for a defined period.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/7f693f2f-ce66-446f-8da3-874013f90506.pdf

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