Fino Payment Bank Share Price In Grey Market

We are buying and selling Fino PayTech Limited Shares. Fino is a professionally managed company and is the parent company of Fino payments bank which was launched with a vision to catalyse nation-building by making every citizen financially secure.

Fino Payments Bank Ipo Gmp Grey Market Premium Kostak Rates Today Correct Success

The initial stake sale of the banl was open for subscription between October 29 and November 2.

Fino payment bank share price in grey market

. Fino Payments Bank fixes IPO price band at Rs 560-577 a share to raise Rs 1200 crore The issue will open on October 29 and close on November 2. Grey market also called gray market is an informal setup used by traders to buy and sell shares and is not recognized by stock exchanges. Get to know whether you should subscribe to this IPO or not. The listing of an IPO might vary against the estimated listing price suggested by the grey market due to the bull bear market or the demand of the company shares.

The fintech player which is eyeing to raise up to Rs 1300 crore from its stake sale had filed its draft red herring prospectus DRHPin July 2021. Shares of Fino Payments Bank listed at a discount of over 5 to the issue price today. There is financial risk involved with these as they may not get any allocated share or they may receive the shares that may list below the issue price. Abhishek Securities has taken all reasonable measures to ensure that material contained in this website is correct.

It sold its shares in the price range of Rs 560-577 a piece to raise Rs 120029 crore via IPO. However we gives no warranty and accepts no responsibility for the accuracy or. The issue is priced at 161 to 163 per equity share. The issue is priced at 560 to 577 per equity share.

Preipo finopaytech share price is near Rs 100. 0 Subject to Rates. Fino Payments Subscription Trend The Bank- tag in this IPO seems to have affected the sentiment towards it. The new age lender is going to make its Dalal Street debut on Friday.

Earnings per share TTM tells the profit after tax earned on a per share basis by a stock over the last twelve months or four quarters. The Grey market fancy is not strong. The company to raise 1300 crores via IPO that comprises 300 crore of fresh issue and offer for sale up to 15602999 equity shares. Fino Payments Bank has received the go-ahead from the capital markets regulator Sebi to float its initial public offering IPO and raise funds.

The IPO opens on Oct 29 2021 and closes on Nov 2 2021. The IPO may be avoided so far as listing gains are concerned. In July 2016 Government-owned oil marketing company Bharat Petroleum Co Ltd BPCL picked up a 21 stake in the company for Rs 251 crore in an all-cash deal. To check the share buying and selling price of the above company.

Call now on 1800 209 2929 for quick response. Fino Payments Bank IPO GMP Today Dates Share Price Financials Review and more Check the Fino Payments Bank IPO Grey Market Premium important Dates Share Price Financials and Review. Since IPO GMP tells us about the premium someone is willing to pay it is often used to forecast listing price of public offers. Investor applies for shares through an IPO.

Fino Payments Bank IPO GMP Grey Market Premium. The minimum order quantity is 90 Shares. Bigshare Services Pvt Ltd is the registrar for the IPO. MCap or Market capitalization of a stock is calculated by multiplying the total number of shares outstanding of that particular stock with its current market price.

Fino Payments Bank receives Great Indian Workplace Award 2018 Read All Disclaimer. Fino Payments Bank Limited is proposing subject to receipt of requisite approvals market conditions and other considerations to make an initial public offer of its equity shares and has filed a draft red herring prospectus DRHP with the Securities and Exchange Board of India SEBI. The company reported revenue of 791 crore in 2021 against the revenues of 691 crores in 2020. 0 Application Rates Rs.

This happened after Fino Payments Bank on. Fino Payments Bank IPO is a main-board IPO of equity shares of the face value of 10 aggregating up to 120029 Crores. 90029 Cr coming soonThe IPO opens for subscription from 29 Oct to 2 Nov 2021The price band is fixed at Rs. Which has played in favour of the Fino Paytech Ltd share price in the unlisted stock share market.

KFintech Private Limited is the registrar for the IPO. Retail investors can invest up to Rs 2 lakh in the. -- Indias Fastest growing Online Shopping Community to find Hottest deals Coupon codes and Freebies. Currently Fino Paytech holds 100 stake in.

We have witnessed that some of the IPOs had lower grey market but listing with higher gain while few IPOs in 2021 where the grey market was on a higher side but the listing was at the lower levels. Fino Payments Bank IPO worth issue size of Rs 120029 Cr comprising a fresh issue of Rs. Fino Payments Bank IPO price band fixed at 560-577 a share Premium Rishi Gupta MD and CEO Fino Payments Bank. The minimum order quantity is 25 Shares.

Sigachi Industries IPO is a main-board IPO of 7695000 equity shares of the face value of 10 aggregating up to 12543 Crores. Option 1 Trading IPO Allocated shares in the grey market. Unlisted shares are different from grey market as dealings in former are legal. The IPO opens on Nov 1 2021 and closes on Nov 3 2021.

The payments bank is expected to be operational before the end of this calendar year. 300 Cr and offer for sale of Rs. Fino Payments Bank IPO subscription to start from Oct 29 to Nov 02 2021. However the lender has not seen any activity in the grey market.

GMP of several IPOs has correctly predicted eventual listing prices although. Fino Payments Bank. Shares of Fino Payments Bank made a weak stock market debut on Friday as the stock opened for trading at Rs 544 on the National Stock Exchange compared with. Fino Payments Bank IPO to hit the market on October 29 and will close on November 02 2021.

Fino Payments Grey Market News Today On 11 November 2021 Grey Market Premium Rs. 560-577 the floor price is 56 times and the cap price is 577 times the face value of Rs. Reputation of intermediary dealing in unlisted shares is paramount as these are off-market transactions directly between buyer and seller. Unlisted shares can be bought through intermediaries or platforms and are transferred to your demand account through NSDLCDSL.

Fino Payments Bank receives Sebis nod for the IPO. There are few other people in the market who believe that share value more than the issue price. The IPO consists of a fresh issue of 300 crore and offer for sale of upto 1560 mln shares by Fino Paytech Ltd. The fintech firm made its market debut at Rs 54435 per share on the NSE against the IPO issue price of.

Fino Paytech is the promoter of Fino Payments Bank. Mint 1 min read. Unlisted shares of Fino PayTech the 100 owner of IPO-bound Fino Payments Bank have shot up to a price of INR 375 apiece in the grey market.

Unlisted Shares Of Ipo Bound Fino S Owner Trading At Inr 375