Fino Payments Bank IPO - Grey Market, GMP & Reviews

IPO Details

Issue Date 29 Oct 2021 - 02 Nov 2021
Issue Size ₹1200.29 Cr
Issue Price ₹560-577
Market Lot 25 Shares
Shares on Offer 15,602,999
Registrar KFintech
GMP N/A
Kostak N/A
Subject to Sauda N/A
Listing Date 12 Nov 2021
Listing Price ₹544
Listing Gain% -5.00

About Fino Payments Bank Limited

Fino Payments Bank is the Digital Banking Partner for millions of hardworking Indians. Hamesha.

They understand the consumer and their needs from a bank and it is our continuous endeavour to provide the consumer with an unmatched banking experience, through our simple products & services that can easily be accessed anytime, anywhere. Hamesha

They are present in 94% of India’s districts with over 6.41L banking outlets, 54 Bank Branches and 143 Customer Service Points.

Fino Payments Bank was incorporated on 4th April 2017 . Invested in by ICICI Bank, BPCL, Blackstone, IFC Fino Payments Bank has an enviable financial and distribution track record. This powerful network registers impressive growth numbers every year!

Company Promoters

Fino PayTech Limited is the company promoters.

Company Financials

Particulars 31-Mar-21 31-Mar-20 31-Mar-19
Total Assets (In ₹ Millions) 10,102.91 6,240.01 6,840.72
Total Revenue (In ₹ Millions) 7,910.27 6,913.97 3,711.21
Profit After Tax (PAT) (In ₹ Millions) 204.74 -320.36 -623.84

Grey Market Premium Updates

Date GMP Kostak Subject to Sauda

Strengths & Weaknesses

Strength
Weakness

Fino Payments Bank Limited IPO Reviews

  • Rating: 
  • Recommendation:

Subscription Details

Date & Time QIB NII RII Total
Day 1 - 29 Oct 2021 0.00 0.05 2.73 0.51
Day 2 - 01 Nov 2021 0.00 0.10 4.65 0.87
Day 3 - 02 Nov 2021 1.65 0.21 5.92 2.03

Allotment Status

Please click the link below to check the IPO allotment status.

IPO Allotment Status

Fino Payments Bank Limited IPO FAQs

  1. When will Fino Payments Bank Limited IPO open?

    Fino Payments Bank Limited IPO will open on 29 Oct 2021 and close on 02 Nov 2021.

  2. What is the listing date of Fino Payments Bank Limited IPO?

    Fino Payments Bank Limited IPO will list on 12 Nov 2021.

  3. What is the offer price of Fino Payments Bank Limited IPO?

    The offer price of Fino Payments Bank Limited IPO is ₹560-577.

  4. What is the lot size of Fino Payments Bank Limited IPO?

    The lot size of Fino Payments Bank Limited IPO is 25.

  5. What is the Grey Market Premium (GMP) price of Fino Payments Bank Limited IPO?

    The Grey Market Premium (GMP) price of Fino Payments Bank Limited IPO is Not Available at the moment.

  6. What is the Kostak price of Fino Payments Bank Limited IPO?

    The Kostak price of Fino Payments Bank Limited IPO is Not Available at the moment.

  7. What is the Subject to Sauda price for Fino Payments Bank Limited IPO?

    The Subject to Sauda price for Fino Payments Bank Limited IPO is Not Available at the moment.

Fino Payments Bank Limited IPO Review/Comments

Please Leave Your Message