Fino Payment Bank

2 If we take FY21 EPS of Rs 262 and upper price band of Rs 577 the PE ratio works out to 220x. Fino Payments Bank is the Digital Banking Partner for millions of hardworking Indians.

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As of June 30 2021 they also have 54 branches and 130 Customer Service Points.

Fino payment bank

. Case Study Company Profile Founding Team and Many More. There are roughly 17430 active BCs in India right now. Fino Payments Bank Limited was founded in 2007 and provided a wide variety of financial goods and services most of which are digital and geared toward payments. Fino Payment Bank Details.

Fino Payments Bank IPO is a main-board IPO of equity shares of the face value of 10 aggregating up to 120029 Crores. Resumed subscription on Monday with the lender looking to raise up to Rs 1200 croreThe retail portion of the offer was fully subscribed within 45 minutes of opening on Oct. Fino Payments Bank Mitra Application serves as a one stop solution for its merchants by providing all the banking and payment-related services that include Account opening and management Debit Card Issuance Money transfer Cash withdrawal Aadhaar based Cash withdrawal MicroATM through any bank Debit Card Cash Deposit Bill Payment DTH Electricity and Utility Bills Mobile. Fino Payments Bank has fixed retail quota at 10 per cent of the net offer.

1 Last 3 years average EPS is negative hence we cannot compute PE. FPBL is a growing fintech company offering a diverse range of financial products and services that are primarily digital and have a payments focus. Fino Payments Bank is. They understand the consumer and their needs from a bank and it is our continuous endeavour to provide the consumer with an unmatched banking experience through our simple products services that can easily be accessed anytime anywhere.

Is looking to sell shares at Rs 560-577 apiece in its three-day initial public offering that begins on Friday in which its looking to raise up to Rs 1200 crore. Fino Payments Bank IPO Subscription Live Updates. Angularjs Html5 Music Landing 4 in 1 ui kits package. 3 If we take Q1 FY22 EPS of Rs 04 and annualize for FY22 the PE works out to be 360x.

By being a part of Fino Payments Banks network you will be able to provide your customers all the services of a bank branch and also offer additional services such as travel bookings and bill payments amongst others. A Mumbai based FinTech company Fino Payments Bank to raise 1200 crores via initial public offer. 90029 Cr coming soonThe IPO opens for subscription from 29 Oct to 2 Nov 2021The price band is fixed at Rs. The initial public offering of Fino Payments Bank Ltd.

The company reported a profit of 2047 crores in the year ended 2021 that was loss of 3204 crores in 2020. The price band is fixed at 560 to 577. The company which started operations in June 2017 is one of the two profitable payments banks active in India. FINO PAYMENTS BANK Branches All Branch Addresses Phone IFSC code MICR code Find IFSC MICR Codes Address All Bank Branches in India for NEFT RTGS ECS Transactions.

About Fino Payments Bank Limited. Fino Payments Bank IPO Details. The minimum order quantity is 25 Shares. The issue is priced at 560 to 577 per equity share.

Fino Payments Bank Ltd. The IPO includes a reservation of Rs 3 crore worth of shares for the companys employees. The fintech company is looking to raise 1200 crore through public listing with a price band of 560-. Fino Payments Bank gives you the opportunity of making your business establishment into a bank branch enabling you to act as a banker in your neighbourhood.

Fino Payments Bank IPO application minimum bid is for 25 Shares 14425 and maximum bid is 325 shares 187525The Book Running Lead Managers of the IPO are Axis Capital Limited CLSA India Private Limited ICICI Securities Limited and Nomura Financial. The price of Fino Payments Banks shares was fixed at 560-577 during the public issue. The Fino Payments Bank IPO to open on 29 October and closes on 02 November 2021. QIB quota is fixed at 75 per cent while the quota for NII investors is reserved at 15 per cent.

Fino Payments Bank share price band is Rs 560 to Rs 577 per share. Use Branch Locator tool here if you know State City and Branch Name. Fino Payments Bank Ltd. Fino Payments Bank is the first payments bank making profits to get listed on the stock exchange.

The IPO opens on Oct 29 2021 and closes on Nov 2 2021. It has guided us to a new and modernized India. Fino Payments Bank IPO GMP Today Dates Share Price Financials Review and more Check the Fino Payments Bank IPO Grey Market Premium important Dates Share Price Financials and Review. It offers such products and services to the target market via a Pan-India distribution network and proprietary technologies and since 2017 the company has grown its operational presence to cover over 90 of.

Fino Payments Bank IPO worth issue size of Rs 120029 Cr comprising a fresh issue of Rs. Get to know whether you should subscribe to this IPO or not. Fino Payments Bank IPO - Read Fino Payments Bank IPO Review and Analysis on The Economic Times. -- Indias Fastest growing Online Shopping Community to find Hottest deals Coupon codes and Freebies.

The ongoing pandemic has paved the way for many online banks shops businesses and coaching institutes. 300 Cr and offer for sale of Rs. Fino Payments Bank IPO The offer comprises a fresh issue of Rs 300 crore by the company and an offer for sale of 156 crore equity shares by sole promoter Fino Paytech. Through digital banks users can enjoy all the facilities through their.

Find out Fino Payments Bank IPO Issue Price Subscription Dates and Status Fino Payments Bank IPO Listing Date and more. KFintech Private Limited is the registrar for the IPO. Fino Payments Bank Mitra Application serves as a one stop solution for its merchants by providing all the banking and payment related services that includes Account opening and management Debit Card Issuance Money transfer Cash withdrawal Aadhaar based Cash withdrawal MicroATM through any bank Debit Card Cash Deposit Bill Payment DTH Electricity and Utility Bills Mobile. By aastha Mehta Sep 15 2021.

Indian Financial System Code IFSC. Fino Payments IPO opens today on Friday October 29 and closes on November 1. Fino Payment Bank. 560-577 the floor price is 56 times and the cap price is 577 times the face value of Rs.

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Fino Payments Bank To Have A Mix Of Physical And Digital Platforms A Network Of Access Points To Increase Reach And In 2021 Banks Logo Payment Backyard Diy Projects