Fino Payments Bank Limited IPO

Fino Payments Bank Limited IPO Details, Financials, Subscription Status, GMP & More.

Fino Payments Bank Limited Logo
Fino Payments Bank Limited IPO Details & Company Portfolio / Business Model: Incorporated in 2017, 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 services include:

  • Current accounts and Savings accounts (CASA),
  • Issuance of debit cards and related transactions,
  • Facilitating domestic remittances
  • Open banking functionality (through their Application Programming Interface)
  • Withdrawing and depositing cash (via micro-ATM or Aadhaar Enabled Payment System (AePS)
  • Cash Management Services (CMS)

You can also check more Fino Payments Bank Limited IPO’s latest news from this portal. Our mission is to keep you up to date on Upcoming IPO information.

Fino Payments Bank IPO Details

IPO Opening Date Oct 29, 2021
IPO Closing Date Nov 2, 2021
Type Of Issue Book Built Issue IPO
Current Face Value ₹10 per equity share
IPO Price ₹560 to ₹577 per equity share
Market Lot Size 25 Shares
Minimum Order Quantity 25 Shares
Will Be Listed At BSE, NSE
Issue Size [.] Eq Shares of ₹10
(aggregating up to ₹1,200.29 Cr)
Fresh Issue [.] Eq Shares of ₹10
(aggregating up to ₹300.00 Cr)
Offer for Sale 15,602,999 Eq Shares of ₹10
(aggregating up to ₹900.29 Cr)

Fino Payments Bank Limited IPO Prospectus

This post shows all information about Fino Payments Bank Limited IPO. You can check more detailed information like company registrar information of this IPO and more information about the company address from this page itself.

Company Financial Reports

Summary of financial Information (Restated Consolidated)

Year/Period (₹ in Millions)
30-March-21 31-Mar-20 31-Mar-19
Total Assets 10,102.91 6,240.01 6,840.72
Total Revenue 7,910.27 6,913.97 3,711.21
Profit After Tax 204.74 (320.36) (623.84)

With the help of the above table, you can figure out company performance over the last few years. You can identify if the company is making profits or losses.

Fino Payments Bank IPO Timetable

The Fino Payments Bank IPO open date is Oct 29, 2021, and the close date is Nov 2, 2021. The issue may list on Nov 12, 2021.

IPO Open Date Oct 29, 2021
IPO Close Date Nov 2, 2021
Basis of Allotment Date Nov 9, 2021
Initiation of Refunds Nov 10, 2021
The credit of Shares to Demat Account Nov 11, 2021
IPO Listing Date Nov 12, 2021

This table is essential as it provides you the complete information about the upcoming IPO’s lot size, several shares, and the minimum amount required to apply for this IPO.

Fino Payments Bank IPO Lot Size

The Fino Payments Bank IPO market lot size is 25 shares. A retail-individual investor can apply for up to 13 lots (325 shares or ₹187,525).

Application Lots Shares Amount (Cut-off)
Minimum 1 25 ₹14,425
Maximum 13 325 ₹187,525

Company Promoters & Holding

Fino PayTech Limited is the company’s promoter.

Company Promoters play a vital role in any company’s success. That’s you need a clear idea about who are the promoters behind this company. You can even check the names given below for a better idea.

Company Registrar & Address

Fino Payments Bank IPO Registrar:

KFin Technologies Limited
Phone: 04067162222, 04079611000
Email: [email protected]

You can also check the company contact information given below, with the help of this information you can communicate with the company easily.

Company Contact Information:

Fino Payments Bank Limited
Mindspace Juinagar, Plot No Gen 2/1/F, Tower 1,
8th Floor, TTC Industrial Area, MIDC Shirwane,
Juinagar, Navi Mumbai – 400 706
Phone: +91 22 7104 7000
Email: [email protected]

This is the complete information about the Fino Payments Bank Limited IPO. If you have any queries/questions regarding any information provided above then feel free to contact us anytime or leave a comment below.

Fino Payments Bank Limited IPO Subscription Status

Day 1 (times) Day 2 (times) Day 3 (times) Day 4 (times)
QIB 0.00 0.00 0.00 0.00
NII 0.00 0.00 0.00 0.00
Retail 0.00 0.00 0.00 0.00
Total 0.00 0.00 0.00 0.00

Fino Payments Bank Limited IPO Subscription Status will be updated in the table regularly. Keep visiting this page to get daily latest IPO subscription updates. If this table is not updated then you can request the updates by commenting below. (Updated Frequently)

GMP (Grey Market Premium)

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