Finance

Fino Payments Bank IPO Listing on 12 November on NSE & BSE

Written by Luck Wilson on November 12, 2021

Fino Payments Bank IPO Listing on 12 November on NSE & BSE – Correct Success

Fino Funds Financial institution IPO to checklist on NSE and BSE on 12 November 2021, Friday at 10:00 AM. The Fino Funds Financial institution was not trying good from the beginning because the gray market was not lively and the demand was much less. The IPO subscribed 2.03x occasions in that Certified Institutional Purchaser (QIB) 1.65x, Non-institutional Bidders (NII) 0.21x and Retail (RII) 5.92x. The corporate reported revenue of ₹20.47 crores in 2021 in opposition to lack of ₹32.04 crores in 2020. The revenues jumped in 2021 to ₹791 crores in opposition to ₹691 crores in 2020. The inventory will checklist in B Group. As per the market speculations the inventory may checklist flat or beneath IPO value. Take a look at the Fino Funds Financial institution IPO itemizing particulars as given beneath:

Newest Replace: Fino Funds Financial institution IPO just isn’t listed but. The small print might be up to date as on the itemizing date. Comfortable Investing!

Fino Funds Financial institution Share Value Live Quote

Particulars	BSE Itemizing	NSE Itemizing
IPO Value
Record Value
Excessive Value
Low Value
Shut Value
Quantity

BSE Discover of Itemizing: Notice 1 | Discover 2

Fino Funds Financial institution IPO Itemizing Particulars

Discover the Fino Funds Financial institution IPO itemizing particulars like BSE Code, NSE Code, ISIN Quantity and Itemizing Group. The knowledge given beneath will enable you to on the Fino Funds Financial institution share itemizing day.

BSE Code	543386
NSE Code	FINOPB
Group	B Group
ISIN No	INE02NC01014
Supply Value	₹577
Face Worth	₹10
Itemizing Date	12 November 2021, Friday

Essential Hyperlinks:

Fino Funds Financial institution IPO Subscription Standing (Closing Knowledge)

(Over Subscribed)

The Fino Funds Financial institution IPO subscribed 2.03x on day 3. The subscription contains Certified Institutional Purchaser (QIB) 1.65x, Non-institutional Bidders (NII) 0.21x and Retail (RII) 5.92x.

Class	Day 1	Day 2	Day 3
QIB	0.00x	0.00x	1.65x
NII	0.05x	0.10x	0.21x
RII	2.73x	4.65x	5.92x
EMP	0.25x	0.56x	0.93x
Complete	0.51x	0.87x	2.03x

Fino Funds Financial institution IPO Date & Value Band

IPO Open:	29 October 2021
IPO Shut:	02 November 2021
IPO Measurement:	Approx ₹1200 Crore
Recent Challenge:	Approx ₹300 Crore
Supply for Sale:	Approx 15,602,999 Fairness Shares ₹900 Crore
Face Worth:	₹10 Per Fairness Share
Value Band:	₹560 to ₹577 Per Share
Itemizing on:	BSE & NSE
Retail Quota:	10%
QIB Quota:	75%
NII Quota:	15%
DRHP Draft Prospectus::	Click Here
RHP Draft Prospectus::	Click Here

Fino Funds Financial institution IPO Market Lot

Minimal Lot Measurement:	Minimal 25 Shares for 1 lot
Minimal Quantity:	₹14,425 for 1 lot
Most Lot Measurement:	Most 325 Shares for 13 lot
Most Quantity:	₹187,525 for 13 lot

Fino Funds Financial institution IPO Date, Time Desk, Allotment & Itemizing

Value Band Announcement:	October 2021
Anchor Buyers Allotment:	28 October 2021
IPO Open Date:	29 October 2021
IPO Shut Date:	02 November 2021
Foundation of Allotment:	09 November 2021
Refunds:	10 November 2021
Credit score to Demat Account:	11 November 2021
IPO Itemizing Date:	12 November 2021

Fino Funds Financial institution IPO Itemizing FAQs:

When is Fino Funds Financial institution IPO Itemizing Date?

Fino Funds Financial institution IPO itemizing date is 12 November 2021, Friday.

What might be estimated itemizing value of Fino Funds Financial institution inventory?

As per the market speculations the IPO may checklist at ₹550 to ₹580 stage. If market helps the inventory may go one the next aspect round ₹600 stage whereas on the down aspect the inventory may hit to ₹520 stage.

How a lot returns anticipated in Fino Funds Financial institution IPO?

The IPO may give an inventory acquire of NIL.

What’s Fino Funds Financial institution Share Value on Itemizing Day?

The IPO listed at ₹0.00 on NSE and at ₹0.00 on BSE.

Will Fino Funds Financial institution will checklist on NSE and BSE?

Sure, The IPO to checklist on NSE and BSE each the indices.

Ought to I purchase Fino Funds Financial institution shares on itemizing day?

The long run buyers can purchase the inventory on the itemizing day. Inventory Market investments are topic to market dangers.

What’s a BSE and NSE Code for the Fino Funds Financial institution IPO?

The BSE Code is 543386 whereas NSE Code is FINOPB.

– Supply : IPOWATCH

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