Fino Payments Bank Limited IPO Details

About the Company:-

Fino Payments Bank is a growing fintech company offering a diverse range of financial products and services that are primarily digital and have a payments focus It first became profitable in the fourth quarter of financial year 2020 and has been profitable in subsequent quarterly periods. In addition, in the financial years 2019, 2020 and 2021, its platform facilitated approximately 154.02 million, 318.56 million and 434.96 million transactions respectively.

Fino Payments Bank Limited.

Fino payment bank is provide all service with rural area coverage, fino business model is distribution line and available all inda, fino is first payment bank this is provide service is urban and rural area and best service provide and continuously rise in this sector, fino provide technology based service, ie aadhar based payment, micro atms, atms, fino is provide debit card for payment, digital saving & current account account service provider, fino payment related many type of service provide, IPO to list on NSE and BSE.

FINO BUSINESS

They currently have approximately 17,430 active BCs across India. Additionally, they operate 54 branches and 130 Customer Service Points as of June 30, 2021.

We have included various operational and financial performance indicators in this Red Herring Prospectus, many of which may

or any other expert. The manner in which such operational and financial performance indicators are calculated and presented, and
the assumptions and estimates used in such calculations, may vary from that used by other companies in India and other
jurisdictions. For the purposes of this section, for certain analyses we have used historical methodologies and internal
categorizations to enable a consistent representation of our business.

Such information may vary from similar information publicly
disclosed by us in compliance with applicable regulations in India.
reliance on such information in marking an investment decision, and should consult their own advisors and evaluate such
information in the context of the Restated Financial Statements and other information relating to our business and operations
included in this Red Herring Prospectus.

ended March 31 of that year.

The industry-related information contained in this section is derived from the CRISIL Report. We commissioned and paid for the
CRISIL Report for the purposes of understanding the industry in connection with the Offer.

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Fino Payments Bank Limited Company Promoters:-

Fino PayTech Limited is the company promoters.

Fino IPO Details:-

Fino IPO Market Lot Size:-

Fino IPO minimum market lot is 25 shares with Rs 14,425 application amount (Cut-off). The retail investors can apply up-to 13 lots, 325 shares with Rs 187,525 application amount (Cut-off).

Fino Payments Bank IPO Date, Time Table, Allotment, Refund & Listing:-

The Fino IPO open date is Oct 29, 2021, and the close date is Nov 2, 2021. The issue may list on Nov 12, 2021.

Objects of the Issue:-

• Augmenting Bank’s Tier – 1 capital base to meet its future capital requirements.

Competitive Strengths:-

• Unique DTP (Distribution, Technology, Partnership) network helps in better customer servicing.
• They currently have approximately 17,430 active BCs across India.
• they operate 54 branches and 130 Customer Service Points as of June 30, 2021.

Company Financials:-

Particulars For the year/period ended (Amount in Crores)

Fino IPO Promoter Holding:-

Pre Issue Share Holding 100%

Post Issue Share Holding 75%

Fino Registrar:-

KFintech Private Limited

Phone: 04067162222, 04079611000
Email: finopayments.ipo@kfintech.com
Website: https://karisma.kfintech.com/

Fino IPO Prospectus:-

Click Here DRHP Draft Prospectus

Click Here IPO_RHP_FINO

What is Fino Payments Bank IPO?

Fino Payments Bank IPO 1.200.29 Cr.

How to apply in Fino Payments Bank IPO through Zerodha?

Login zerodha/kite app with your user id and password and go to user section and choose IPO option and select FINO IPO click Bid and fill your UPI id and quantity tick cut-off price and tick the term condition and rule regulations and click submit and pay the amount, open your upi app and click pay option and enter your upi payment pin then click pay, if enter your upi pin IPO amount debit/hold on your bank account, Maintain the balance on bank account.

Company Address:-

Fino Payments Bank Limited

Mindspace Juinagar, Plot No Gen 2/1/F, Tower 1,
8th Floor, TTC Industrial Area, MIDC Shirwane,
Juinagar, Navi Mumbai – 400 706
Phone: +91 22 7104 7000
Email: basavraj.loni@finobank.com
Website: https://www.finobank.com/

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