Fino Payments Bank Limited IPO
Fino Payments Bank Limited IPO is listed on BSE and NSE, priced at ₹560–₹577 per share. The stock debuted at ₹544.35. The IPO had a lot size of ₹25 shares and a minimum investment of ₹14,425.
Fino Payments Bank Limited IPO
- IPO Dates
- Oct 29, 2021 – Nov 2, 2021
- Price band
- ₹560-577 per equity share
- Minimum Investment
- ₹14,425
- Issue size
- 1200 Crores Approx.
- Lot size
- 25
- Allotment Date
- Nov 10, 2021
- Listing
- Nov 12, 2021
- Listing At
- BSE, NSE
IPO timeline
-
Oct 29, 2021
Open Date
Completed
-
Nov 2, 2021
Close Date
Completed
-
Nov 10, 2021
Allotment Date
Completed
-
Nov 12, 2021
Listing Date
Completed
Price Summary
- Last closing
- 122.90 (-78.7%)
- 52 week high
- 339.00
- 52 week low
- 110.03
- Last update
Fino Payments Bank Limited IPO Essentials
Fino Payments Bank Limited IPO Details
Fino Payments Bank Limited IPO is priced at ₹560-577 per share with a total issue size of 1200 Crores Approx.. The IPO has a lot size of 25 shares and is listed on BSE and NSE.
- Issue price
- ₹560-577 per equity share
- Lot size
- 25 shares
- Face value
- ₹10 Per Equity Share
- Issue size
- 1200 Crores Approx.
- Listing at
- BSE, NSE
- List price
- 544.35(NSE)
- Listing date
- Registrar
- KFintech Private Limited
- Lead manager
-
Axis Capital Limited, CLSA India Private Limited, ICICI Securities Limited, Nomura Financial Advisory And Securities (India) Pvt Ltd
Fino Payments Bank Limited IPO Analytics
Fino Payments Bank Limited IPO category-wise subscription trends show day-wise participation across QIB, NII, and retail investors.
Fino Payments Bank Limited IPO Subscription Status
Fino Payments Bank Limited IPO subscription status shows demand across retail, NII, and QIB categories, helping investors understand overall participation trends.
The IPO subscription status indicates investor demand across categories.
| As on | QIB |
NII
|
Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 62,25,094 |
731,12,546
|
20,75,031 | 114,64,664 |
|
Day 1
29-10-21 05:00 PM
|
0.00 x |
0.05x
|
2.73 x | 0.51 x |
|
Day 2
01-11-21 04:30 PM
|
0.00 x |
0.07x
|
4.33 x | 0.81 x |
|
Day 3
02-11-21 05:00 PM
|
1.65 x |
0.22x
|
5.92 x | 2.03 x |
|
Total No. of Applications
|
category wise applications | ||
|---|---|---|---|
| 395374 (Approx) | 4.76 | ||
Fino Payments Bank Limited Valuations
Earnings
- EPS (Post IPO)
- ₹2.46/-
- P/E Ratio
- 234.52
Returns
- RoNW
- 14.6%
Fino Payments Bank Limited Financials( In Crs.)
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
|---|---|---|---|
| Assets | 1,010.29 | 624.00 | 684.07 |
| Revenue | 791.02 | 691.39 | 371.12 |
| Profit After Tax | 20.47 | (32.03) | (62.38) |
Fino Payments Bank Limited Company & Offer Insights
About Fino Payments Bank Limited
Fino Payments is a growing fintech company offering a wide portfolio of digital financial products and services in India. The company has a pan-India distribution network and its' major products and services include:
• Current accounts and Savings accounts (CASA),
• Issuance of debit card and related transactions,
• Facilitating domestic remittances,
• Open banking functionality (through their Application Programming Interface),
• Withdrawing and depositing cash (via micro-ATM or Aadhaar Enabled Payment System (AePS) and
• Cash Management Services (CMS).
The company's merchants facilitate them in cross-selling their other financial products and services such as third-party gold loans, insurance, bill payments and recharges. Fino Payments also manages a large BC (Business Correspondents) network on behalf of other banks.
Fino Payments Bank Limited Promoter(s)
Fino PayTech Limited are the company's promoters of Fino Payments Bank Limited.
Fino Payments Bank Limited IPO Issue Objectives
- •
- 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 Limited IPO - Anchor Investors
Fino Payments Bank mobilises Rs 538.78 crore from 29 anchor investors ahead of IPO
Marquee investors that picked stake in the company through anchor book included Pinebridge Global Funds, HSBC, Invesco Trustee, ITPL Invesco, Matthews Asia Small Companies Fund, Fidelity Funds, Societe Generale, and Segantii India Mauritius.
Among other investors, BNP Paribas, Tata MF, SBI Life Insurance, Motilal Oswal MF, and Aditya Birla Sun Life Trustee also invested in the fintech company, via anchor book on Thursday.
Contact Information
Frequently Asked Questions
Click any question to reveal the answer
Fino Payments Bank Limited IPO is a book-built IPO worth ₹1200 Crores Approx.. The price band is ₹560–₹577 per share. The IPO opens on Oct 29, 2021 and closes on Nov 2, 2021. It will be listed on BSE and NSE. KFintech Private Limited is the registrar.
The price band of Fino Payments Bank Limited IPO is ₹560 to ₹577 per share.
The lot size of Fino Payments Bank Limited IPO is 25 shares.
The minimum investment for Fino Payments Bank Limited IPO is approximately ₹14,425 based on the upper price band .
Fino Payments Bank Limited IPO opens on Oct 29, 2021 and closes on Nov 2, 2021.
The allotment date of Fino Payments Bank Limited IPO is Nov 10, 2021.
Fino Payments Bank Limited IPO is expected to be listed on Nov 12, 2021, on BSE and NSE .
Fino Payments Bank Limited IPO listed on Nov 12, 2021. It was issued at ₹544.35(NSE) and is currently around ₹122.90 as on 14-May-2026 3:30 PM, which is approximately -78.7% versus issue price. The 52-week high is ₹339.00.
Based on listing and post-listing performance, Fino Payments Bank Limited IPO delivered around -78.7% over issue price. Whether it was worth applying depends on your risk profile, allocation, and holding horizon.
To buy Fino Payments Bank Limited IPO shares after listing, log in to your broker app (such as Zerodha, Angel One, Groww, Upstox, ICICI Direct), search the stock symbol, place a delivery/CNC order, and confirm quantity and price.
Fino Payments Bank Limited IPO valuation snapshot: P/E 234.52, EPS ₹2.46/-, P/B N/A, RoNW 14.6%, and market cap N/A.
To apply for Fino Payments Bank Limited IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Fino Payments Bank Limited IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Fino Payments Bank Limited IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Fino Payments Bank Limited IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Fino Payments Bank Limited IPO allotment status on IPO Ji for quick and easy access.