Fino Payments Bank IPO Subscription Status {Live Data – Day 1}
Written by ABC Audio All Rights Reserved on October 28, 2021
Fino Funds Financial institution IPO subscription to start out from October 29, Friday, Thursday. The retail portion of this IPO is 10%, QIB is 75% and HNI is 15% quota. The IPO subscription will shut on November 02, 2021, Tuesday. The corporate to lift ₹1200 crores by way of IPO at a value band of ₹560 to ₹577. The minimal bid for the IPO is 25 shares that value ₹14,425 for l lot. The gray market continues to be silent and no trades.
The Mumbai primarily based Fino Funds Financial institution present digital monetary services and products. The providers they provide to their clients are Financial savings Account, Present Account, BPay, Loans, Insurance coverage providers to their clients. The corporate reported ₹2453 crores of revenues in 2021 towards ₹1778 crores in 2020. The PAT was stood at ₹61.95 crores in 2021 in comparison with lack of ₹16.34 crores in 2020. Please test the Fino Funds Financial institution IPO particulars over right here.
IPOWatch View
Fino Funds Financial institution IPO Subscription Standing (Stay Knowledge)
(Day 1)
The Fino Funds Financial institution IPO subscribed 0.00x on day 1. The subscription includes Certified Institutional Purchaser (QIB) 0.00x, Non-institutional Bidders (NII) 0.00x and Retail (RII) 0.00x.
| Class | Day 1 | Day 2 | Day 3 |
| QIB | 0.00x | 0.00x | 0.00x |
| NII | 0.00x | 0.00x | 0.00x |
| RII | 0.00x | 0.00x | 0.00x |
| EMP | 0.00x | 0.00x | 0.00x |
| Whole | 0.00x | 0.00x | 0.00x |
Fino Funds Financial institution IPO Date & Value Band
| IPO Open: | 29 October 2021 |
| IPO Shut: | 02 November 2021 |
| IPO Measurement: | Approx ₹1200 Crore |
| Recent Concern: | Approx ₹300 Crore |
| Provide 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 Subscription FAQs:
When Fino Funds Financial institution IPO Subscription will begin?
The IPO subscription begins on October 29, 2021 for QIB, NII, and Retail Buyers.
How a lot Fino Funds Financial institution IPO subscribed?
The IPO subscribed 0.00x occasions on day 1.
What’s Fino Funds Financial institution IPO Retail subscription standing?
The RII subscription is 0.00x on day 1.
Find out how to subscribe Fino Funds Financial institution IPO?
You’ll be able to go along with ASBA and Non ASBA choice for subscription. Go to your checking account and apply IPO on-line by way of ASBA or obtain type on-line or get the bodily type and submit the stuffed type to your dealer or financial institution.
How do i test stay Fino Funds Financial institution IPO Subscription Numbers?
One can go to our portal for stay IPO subscription numbers that we’re updating hourly foundation from the official web site NSE and BSE web site. One can test the stay subscription on BSE or NSE web site on the actual IPO web page.
– Supply : IPOWATCH
The post Fino Payments Bank IPO Subscription Status {Live Data – Day 1} appeared first on Correct Success.
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