214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9,804.70 Crs.  Total funds raised in 2025

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

214  Total SME IPOs listed in 2025

9804.70 Crs.  Total funds raised in 2,025.00

145  SME IPOs listed with Gain in 2025

69  SME IPOs listed with loss in 2025

RNFI Services IPO (RNFI Services Limited IPO) Detail

RNFI Services Limited is an Banking And Finance - FinTech based company, located in New Delhi, RNFI Services Limited IPO size was 70.81 Cr. and was issued at 105.00 per share. The share of RNFI Services Limited were listed at 189.55 per share and are currently trading at 326.45 per share.

Type :
Sub Sector : Financial Technology Firm
SME IPO
NSE EMERGE

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

Revenue :
943.05 Cr.

PAT :
9.96 Cr.

Pricing Report

Issue Price :
105.00

Listing Price :
189.55

Current Market Price :
326.45

Issue Price vs CMP :
221.45 (210.90%)

listing Price vs CMP :
136.9 (72.22%)

Performance Report (CAGR* wise)

CAGR : 157.91
-ve 0 6 9 12+
Above Average

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

*Stock splits/Reverse Stock Split are adjusted in Issue price while calculating CAGR and current performance.

About RNFI Services

Company Information
RNFI Services Limited is a tech-enabled platform offering advanced financial technology solutions in the B2B and B2B2C sectors through an integrated business model via an online portal and mobile application. It focuses on providing banking, digital, and Government to Citizen (G2C) services across India. The business is segmented into four areas: (i) business correspondent services; (ii) non-business correspondent services; (iii) full-fledged money changer services; and (iv) insurance broking. Through its wholly-owned subsidiaries, RNFI Money Private Limited (a registered full-fledged money changer with RBI) and Reliassure Insurance Brokers Private Limited (registered with IRDAI as a direct broker for Life and General), the company offers money changing and insurance broking services. The company acts as a bridge to ensure the availability of tech-enabled financial services, including
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Object of Issue
  • Funding the working capital requirements of the Company
  • Funding Capital expenditure requirements for the Purchase of Micro ATMs/laptops/Server
  • Strengthening their technology infrastructure to develop new capabilities
  • Achieving inorganic growth through unidentified acquisitions and other strategic initiatives
  • General Corporate Purposes

RNFI Services SME IPO Details (at the time of IPO)

IPO Type :
Book Building
IPO Date :
Jul, 2024
IPO Size :
70.81 Cr.
Market Cap :
262.00 Cr.   
IPO Subscription :
221.49 X     
PE Multiple :
26.30
Anchor Investors:
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FAQs

RNFI Services operates in Banking And Finance - FinTech and Financial Technology Firm. The Issue is listed on NSE EMERGE in Jul, 2024. RNFI Services IPO size was 70.81 Cr. with Issue price of 105.00 .

RNFI Services IPO subscription was 221.49 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.

RNFI Services IPO listed at a listing price of 189.55 against the offer price of 105.00.

The current market price of RNFI Services is 326.45.

Services

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