Fino Payment Bank Share Price
The minimum market lot of Fino Payments Bank IPO is 25 shares with 14425 applications. The offer price of Fino Payments Bank Limited IPO is 560-577.
The price band is fixed at Rs.
Fino Payment Bank share price
. The issue will open on October 29 and close on November 2. Retail investors can apply for 13 lots with 325 shares application worth 187525. Captures the details on its Issue Open Date Issue Close Date Listing Date Face Value Price band Issue Size Issue Type and Listing Dates Open Price High Price Low Price Close price and Volume. Fino Payments Bank IPO worth issue size of Rs 120029 Cr comprising a fresh issue of Rs.Fino Payments Bank is a wholly owned subsidiary of Fino PayTech. The IPO page of Fino Payments Bank Ltd. With Historic price. Browse thousands of reports and search by company or the broker.
The Fino Paytech Ltd IPO will offer Fino Paytech. Retail investors can invest up to. CRISIL Research forecasts the digital payments value in India to reach 3500 trillion in financial year 2025 from 1379 trillion in FY21 translating into CAGR of 25-27 between financial year FY21 and FY25. 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.
Fino Payments Bank a fintech company that offers a diverse range of financial products and services has fixed a price band of Rs 560-577 per share for its initial public offering IPO. Check Fino Payments Bank share price financial data and complete stock analysisGet Fino Payments Bank stock rating based on quarterly result profit and loss account balance sheet shareholding pattern and annual report. 791 Crores and Net Profit is Rs. Get latest Fino Payment Bank Share Price news updates stories.
The lot size of Fino Payments Bank Limited IPO is 25. Latest broker research reports with buy sell hold recommendations along with forecast target prices and upside. Fino-Payment bank is the only profitable subsidiary of Fino-Paytech in FY21. The initial public offering IPO of Fino Payments Bank will hit the primary market on Friday October 29.
The issue consists of issuance of fresh equity shares worth Rs 300 crore with a face value of Rs 10 each and an offer-for-sale OFS of up to 15602999 equity. Home Markets Ipo Fino Payments Bank IPO price band fixed at 560-577 a share. The company also aims to become the preferred bank for customers by providing the simplest the most accessible financial services to grow their wealth. This growth was led by a 11 increase in commission.
Fino Payments Bank fixes IPO price band at Rs 560-577 a share to raise Rs 1200 crore. The total revenue from the operation of Fino Payments Bank Limited during the year under review is Rs. Fino Paytech is the promoter of Fino Payments Bank. 300 Cr and offer for sale of Rs.
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. Last year the revenue was 691 Crores and company was in loss. Fino PayTech Limited incorporated in year 2006 at Mumbai. Fino Payments Bank IPO to hit the market on October 29 and will close on November 02 2021.
It also captures the. If you are interested then you can Apply to Fino Payments Bank IPO via Zerodha. Retail digital payments forecast to grow at a 34 CAGR during FY20 to FY25. Get Fino Payments Bank Share Price Stock Analysis BuySell Signal Targets Charts Latest News Technical Analysis Fundamental Analysis Live NSEBSE Updates Financial data and Ratios at Equitypandit.
The company has set a price band for the offer at Rs 560-577 apiece. In FY21 revenue growth was 15 as compared to last year. SENSEX 600835 16381 027 NIFTY 50 1792665 5305 03 NIFTY AUTO 116564-3375 -029 Charts. 560-577 the floor price is 56 times and the cap price is 577 times the face value of Rs.
Fino PayTech group is engaged in business of providing technology solutions to various banks insurance companies government and non- government institutions and body corporates. The group includes a non banking financial company Non-Deposit Accepting or holding company NBFC. The minimum order quantity is 25 Shares. FINO Payments Share Price FINO Payments Stock Price FINO Payments Bank Ltd.
Fino Payments Bank IPO is a main-board IPO of equity shares of the face value of 10 aggregating up to 120029 Crores. Fino Payments Bank Ltd. Preipo finopaytech share price is near Rs 100. The company reported revenue of 791 crore in 2021 against the revenues of 691 crores in 2020.
The issue is priced at 560 to 577 per equity share. Fino Payments Bank IPO - Get Fino Payments Bank IPO Issue Date Share Price Subscription Rate and Allotment Status Including Bidding Dates Lot Size Min Investment at One Place. Reco - This broker has downgraded this stock from its previous report. Fino Payments Bank IPO Share Price The Fino Payments Bank IPO Share Price is Rs 560-577 per equity share.
Live BSENSE FO Quote of FINO Payments Bank Ltd. 90029 Cr coming soonThe IPO opens for subscription from 29 Oct to 2 Nov 2021. What is the lot size of Fino Payments Bank Limited IPO. The company to raise 1300 crores via IPO that comprises 300 crore of fresh issue and offer for sale up to 15602999 equity shares.
StockShare prices FINO Payments Bank Ltd. This deal values FINO Paytech at around 1250 crores or aprox Rs 175 per share.
Fino Payments Bank Ipo Price Band Fixed At 560 577 A Share
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