247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

247  Total SME IPOs listed in 2024

9572.65 Crs.  Total funds raised in 2024

223  SME IPOs listed with Gain in 2024

24  SME IPOs listed with loss in 2024

Fino Payments Bank Limited IPO (Fino Payments Bank IPO) Details

Fino Payments Bank Limited is an Banking And Finance based company, located in Mumbai, Fino Payments Bank Limited IPO size was 1200.29 Cr. and was issued at 577.00 per share. The share of Fino Payments Bank Limited were listed at 545.25 per share and are currently trading at 300.80 per share.

Type :
Sub Sector : Financial Service
MainBoard IPO

Financial Summary (at the time of ipo, on annualised basis)

Revenue :
824.96 Cr.

PAT :
12.52 Cr.

Pricing Report

Issue Price :
577.00

Listing Price :
545.25

Current Market Price :
300.80

Issue Price vs CMP :
276.2 (47.87%)

listing Price vs CMP :
244.45 (44.83%)

Performance Report (CAGR* wise)

CAGR : -18.45
-ve 0 6 9 12+
Below Average

*CAGR is calculated basis issue price at the time of IPO and Current Market Price without taking into Consideration Bonus/Right issue.

About Fino Payments Bank

Company Information
Fino Payments Bank Limited is a growing fintech firm offering a diverse range of financial products and services with a primary focus on payments. It provides these products and services to its target market via a pan-India distribution network and proprietary technologies. Since 2017, the company has expanded its operational presence, covering over 94% of districts as of March 31, 2021. It became profitable in the fourth quarter of the financial year 2020 and has remained profitable in subsequent quarters. In the financial years 2019, 2020, and 2021, the platform facilitated approximately 154.02 million, 318.56 million, and 434.96 million transactions, respectively, with gross transaction values of '456,847.97 million, '944,525.76 million, and '1,329,306.90 million, respectively. The company operates an asset-light business model, primarily relying on fee
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Object of Issue
  • Augmenting Bank

Fino Payments Bank MainBoard IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Nov, 2021
IPO Size :
1200.29 Cr.
IPO Subscription :
2.03 X     
PE Multiple :
382.12
Merchant Banker :
Axis Capital Limited
IPO Registrar:
Kfin Technologies Limited

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FAQs

Fino Payments Bank operates in Banking And Finance and Financial Service. The Issue is listed on MainBoard in Nov, 2021. Fino Payments Bank IPO size was 1200.29 Cr. with Issue price of 577.00 .

Merchant Banker(s) of Fino Payments Bank IPO: Axis Capital Limited , Clsa India Private Limited , ICICI Securities Limited , Nomura Financial Advisory And Securities (India) Private Limited

Fino Payments Bank IPO subscription was 2.03 X. IPO subscription refers to applications received in an IPO by each quota, i.e., QIB, Retail, and NII. In some IPOs, Eligible employee quota and shareholder’s quota are also present. Learn more about IPO subscriptions here.

Fino Payments Bank IPO listed at a listing price of 545.25 against the offer price of 577.00.

The current market price of Fino Payments Bank is 300.80.

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