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FINO Payments Bank Limited IPO Subscription Status

📅Offer Date: 29 Oct 2021 – 02 Nov 2021

Minimum investment
₹14,42525 shares
View IPO details

Data sourced from BSE & NSE · Last updated

Total2.03x
QIB1.65x
NII0.22x
Retail5.92x

FINO Payments Bank Limited IPO was subscribed 2.03x in total when bidding closed on 02 Nov 2021, with 1.65x in the QIB category, 0.22x in NII, 5.92x in retail. The issue ran from 29 Oct 2021 to 02 Nov 2021 at a price band of ₹560.00–₹577.00 per share.

QIB1.65xNII0.22xRetail5.92xTotal2.03x1×

Times subscribed by category against the 1× line.

6
≈ 1 in 6 retail allotment
low allotment chance

Based on retail subscription (5.92x). Final allotment decided by registrar's computerised lottery.

Subscription Details (No. of Shares)

CategoryOfferAppliedTimes
QIBs62,25,0941,02,71,4051.65x
NIIs7,31,12,5461,60,84,7600.22x
Retail20,75,0311,22,84,1845.92x
Total1,14,64,6642,32,73,2682.03x
EMP51,99348,3530.93x

Subscription in Crores (₹Cr)

CategoryOfferedDemandTimes
QIBs359.19592.661.65x
NIIs4218.59928.090.22x
Retail119.73708.805.92x
EMP3.002.790.93x
Total4700.512232.342.03x

Values derived from share count × issue price (₹577.00)

What this means for allotment & listing

Because FINO Payments Bank Limited closed oversubscribed, allotment follows the applicable category and exchange rules. A high subscription figure reflects strong demand but does not guarantee a premium listing, and a low figure does not guarantee a discount. This page is for information only and is not investment advice.

BSE, NSE listed · Bidding data sourced from BSE & NSE under SEBI ICDR regulations.

FINO Payments Bank Limited IPO subscription FAQs