Exchanges
BSE, NSE
Industry
Other Bank
Issue
Book building

Fino Payments Bank IPO

₹543.90

−5.74% on listing

Listing-day close · NSE · 12 Nov 2021 · issue price ₹577

Fino Payments Bank’s ₹1,200 crore IPO was priced at ₹577 a share. It listed on the NSE on 12 Nov 2021 and closed its first day at ₹543.90, down 5.74% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹1,200 Cr
Fresh issue
₹300 Cr
Offer for sale
₹900 Cr
Lot size
25 shares
Minimum investment
₹14,425
Face value
₹10
Registrar
Kfin Technologies

Subscription

Fino Payments Bank IPO subscription by investor category
CategoryShares offeredTimes subscribed
Total—1.34×

Overall, from the basis of allotment.

Financials and valuation

Market cap (post-issue)
₹4,801 Cr
Promoter holding
100.00% → 75.00%

From the offer documents.

Listing

Listing date
12 Nov 2021
Issue price
₹577
Open
₹544.35
High
₹582.95
Low
₹511.05
Close
₹543.90

Listing day on the NSE. The close was −5.74% on the issue price.

FINOPB share price today

FAQs

When did the Fino Payments Bank IPO open and close?

It opened on 29 Oct 2021 and closed on 2 Nov 2021.

What was the Fino Payments Bank IPO price?

The price band was ₹560–577 a share. The final issue price was ₹577.

What is the lot size and minimum investment?

One lot is 25 shares, ₹14,425 at ₹577 a share. Retail investors apply in whole lots.

How much did Fino Payments Bank raise?

₹1,200 crore: ₹300 crore of new shares and ₹900 crore offered by existing shareholders.

How many times was the Fino Payments Bank IPO subscribed?

1.34 times overall.

How did Fino Payments Bank list?

It listed on the NSE on 12 Nov 2021 at ₹544.35 and closed the day at ₹543.90, down 5.74% on the ₹577 issue price.

Who is the registrar of the Fino Payments Bank IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

Full disclaimer

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