Fino Payments Bank IPO Date – 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.
Fino Payments Bank IPO Promoters – Fino PayTech Limited is the company promoters.
Fino Payments Bank IPO Price Band – The bank has set the price band at Rs 560-577 per share.
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 Rs 187,525).
Fino Payments Bank IPO Equity Size – The IPO comprises Rs 300 crore of fresh fund raise and Rs 900 crore of secondary share sale by promoter Fino Paytech. The bank will use the fresh proceeds to augment its tier-1 capital base to meet its future capital requirements.
Fino Payments Bank IPO Listing Date – The issue may list on Nov 12, 2021.
Fino Payments Bank IPO Subscription – The Fino Payments Bank IPO is subscribed 0.78 times on Nov 1. The public issue subscribed 4.17 in the retail category, 0.00 in the QIB category, and 0.07 in the NII category.
Fino Payments Bank IPO Allotment Status – These are the following ways to check the allotment status of IPO:
You can check your Demat account or ask your stockbroker. If the equity shares are credited into your Demat account then you have got the allotment. You can log in to your Bank Account to check if the amount is Debited or not or visit this link and select the IPO to check the Status. You can Click on Registrar Link and check the Allotment.
Fino Payments Bank IPO Financial Statements
|Particulars||For the year/period ended (Rs in Millions)|
|Profit After Tax||204.74||(320.36)||(623.84)|
Objects of the Issue:
- Augmenting Bank’s Tier – 1 capital base to meet its future capital requirements.
- To meet the expenses in relation to the offer.
Fino Payments Bank IPO Grey Market Premium – This IPO GMP To be updated.
Fino Payments Bank IPO Listing Price – To be updated.