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IPO Details


Fino Payments Bank Ltd
Registered Office: Mindspace Juinagar Plot No Gen, 2/1/F Tower 1 8thFlr TTC IndlA, Navi Mumbai - 400706, Maharashtra
Phone: 91-22-7104 7000
Email: basavraj.loni@finobank.com
Website: www.finobank.com
Initial public offer of 2,08,02,305* equity shares of face value of Rs. 10 each (Equity Shares) of Fino Payments Bank Limited (The Bank) for cash at a price of Rs. 577 per equity share (including a share premium of Rs. 567 per equity share) aggregating to Rs. 1200.29* crores (The Offer) comprising a fresh issue of 51,99,306* equity shares aggregating to Rs. 300.00* crores (The Fresh Issue) and an offer for sale of 15,602,999* equity shares by Fino Paytech Limited (Promoter Selling Shareholder, and such equity shares the Offered Shares) aggregating to Rs. 900.29* crores (The Offer for Sale). The offer included a reservation of 51,993* equity shares, aggregating to Rs. 3.00* crores (constituting 5% of the post-offer paid-up equity share capital), for subscription by eligible employees (the Employee Reservation Portion). The employee reservation portion shall not exceed 5%of th postoffer paid-up equity share capital. The offer less the employee reservation portion is hereinafter referred to as the Net Offer. The offer and the net offer constituted 25.00% and 24.94%, respectively, of the post-offer paid-up equity share capital of the bank. The face value of equity shares is Rs. 10 each. The offer price is Rs. 577 per equity share and is 57.7 times the face value of the equity shares, the anchor investor offer price is Rs. 577 per equity share. *Subject to finalisation of the basis of allotment
Issue Money Payable On
Opens On Closes On Application Allotment
29-Oct-2021 02-Nov-2021 577.00 0.00
Minimum Application for shares in Nos : 25 Further Multiples of : 25
()Cr. Lead Managers to the Issue
Project Cost 0.00 Axis Capital Ltd
Project Financed through Current Offer 1,200.29
Post Issue Equity Share Capital 83.21
Issue Price 577.00
Projects
To be Utilised towards Augmentation of the Bank's Tier-I Capital base to meet the Bank's future Capital Requirements
Promoted By
Fino Paytech Ltd
Listing At
BSE
NSE
Registrar to the Issue
KFin Techologies Ltd

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