FINO Payments Bank Limited

FINO Payments Bank Limited

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₹14,425(25 Shares)

Minimum Investment

IPO Dates

Oct 29, 2021 – Nov 2, 2021

Price Band

₹560–577 per equity share

Lot Size

25

Listing

Nov 12, 2021

Listing At

BSE, NSE

Oct 29, 2021Open DateCompleted
Nov 2, 2021Close DateCompleted
TBAAllotment DateUpcoming
Nov 12, 2021Listing DateCompleted

FINO Payments Bank Limited Live Subscription Details

All IPOs
QIB1.65x
Retail5.92x
Employee0.93x
NIIs
0.22x

Overall Subscription

Total Bids Received

2.03x

FINO Payments Bank Limited IPO Issue Details

Issue Price
₹560-577 Per Equity Share
Face Value
₹10 Per Equity Share
Listing At
BSE, NSE
Listing Date
Nov 12, 2021

Market Lot Details

CategoryLotsSharesAmount
Retail (Min)125₹14,425
Retail (Max)13325₹1,87,525
sHNI (Min)14350₹2,01,950
sHNI (Max)691,725₹9,95,325
bHNI (Min)701,750₹10,09,750

Company Information

Fino Payments is a growing fintech company offering a wide portfolio of digital financial products and services in India. The company has a pan-India distribution network and its' major products and s...

Valuations

RoNW

14.6%

Financial Information (₹ in Crores)

MetricFY 21FY 20FY 19
Total Assets1010.29624684.07
Total Revenue791.02691.39371.12
Profit After Tax20.4732.0362.38
Net Worth

* All figures are in ₹ Crores unless otherwise stated.

Objectives of the Issue

  1. 1Augmenting Bank’s Tier – 1 capital base to meet its future capital requirements.
  2. 2To meet the expenses in relation to the offer.

FINO Payments Bank Limited – Promoter(s)

Fino PayTech Limited

Contact Details

FINO Payments Bank Limited IPO Documents

Frequently Asked Questions — FINO Payments Bank Limited IPO

The FINO Payments Bank Limited IPO price band is set at ₹560.00 to ₹577.00 per equity share.

The lot size for FINO Payments Bank Limited IPO is 25 shares per lot. The minimum investment amount is approximately ₹14,425.

The FINO Payments Bank Limited IPO opens on Oct 29, 2021 and closes on Nov 2, 2021.

FINO Payments Bank Limited IPO is expected to be listed on Nov 12, 2021 on BSE, NSE.

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