Wednesday, November 10, 2021

Fino Payments Bank IPO Allotment Status, Allotment Date & Link Details

Fino Payments Bank IPO Allotment Date & Status: Fino Payments Bank IPO allotment is will be available on November 09 on KFintech website. Please check the IPO allotment status on the KFintech registrar as on the allotment date.

FSN E-Commerce Ventures Private Limited aka Fino Payments Bank IPO Allotment to be finalized by KFintech on November 09, 2021. The refund will be initiated on November 10 and the shares will be credited to the Demat account on November 11. The IPO may list on November 12. To check the Fino Payments Bank IPO Allotment the investors can go online via BSE Website, KFintech website or they can check it via their bank account and demat login as well. Here are step to step guide from where you can check Fino Payments Bank IPO allotment status online or offline.

Fino Payments Bank IPO subscribed 2.03x times with 5.92x times in retail as on day 3. Based on the retail subscription the basis of allotment will be around 5:1.

Fino Payments Bank IPO Allotment Links

The IPO allotment will be available on the website given below. Check the status of allotment on website of the registrar Link Intime India Private Limited.
 Check Allotment on IPOWatch
 Click Here
 Check Allotment on KFintech  Click Here
 Check Allotment on BSE India  Click Here
Fino Payments Bank

    #Step 1: How to check Fino Payments Bank IPO Allotment at KFintech?

    • Log on to KFintech IPO allotment link - KFintech.com/ipostatus/
    • Select IPO Name 'Fino Payments Bank Limited' from drop down menu bar
    • Select Option from PAN Number, Application Number or DP ID Option
    • As per selection add  PAN Number, Application Number or Demat Account Number
    • Click on 'Search' Button
    • You will able to see your Fino Payments Bank IPO Allotment on the screen (mobile / desktop).

    Check the Allotment on KFintech

    #Step 2: How to check Fino Payments Bank IPO Allotment at BSE?

    • Log on to BSE Website - bseindia.com/investors/appli_check.aspx
    • Select box 'Equity' in the issue type
    • Select IPO Name 'Fino Payments Bank Limited'
    • Type Your Application Number & PAN Number
    • Click on 'Search' Button
    • You will able to see your Fino Payments Bank IPO Allotment on the screen (mobile / desktop).

    Check the Allotment on BSE

    #Step 3: How to check Fino Payments Bank IPO Allotment in Demant Account?

    • Call Your Broker or Login to Your Demat Account / Trading Account
    • Check the stock is credited to your account or not
    • If you got the allotment the credited shares will appear in the demat account

    #Step 4: How to check Fino Payments Bank IPO Allotment in Bank Account?

    • Login to your Bank Account from which you applied the Fino Payments Bank IPO
    • Check the Balance Tab
    • If you got the allotment the Amount will be debited
    • If you did not get the allotment the Amount will be released
    • If you got the allotment you got SMS "Dear Customer, Bank Name Account 00001 is debited with INR 00000.00 on Date. Info: IPOName. The Available Balance is INR 000000."

    Fino Payments Bank IPO Subscription Status (Final Data)

    (Over Subscribed)

    The Fino Payments Bank IPO subscribed 2.03x on day 3. The subscription comprises Qualified Institutional Buyer (QIB) 1.65x, Non-institutional Bidders (NII) 0.21x and Retail (RII) 5.92x.
    Category 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
    Total 0.51x 0.87x 2.03x

    Fino Payments Bank IPO Date & Price Band

     IPO Open:  29 October 2021
     IPO Close:  02 November 2021
     IPO Size:  Approx ₹1200 Crore
     Fresh Issue:  Approx ₹300 Crore
     Offer for Sale:  Approx 15,602,999 Equity Shares
    ₹900 Crore
     Face Value:  ₹10 Per Equity Share
     Price Band:  ₹560 to ₹577 Per Share
     Listing on:  BSE & NSE
     Retail Quota:  10%
     QIB Quota:  75%
     NII Quota:  15%
     DRHP Draft Prospectus::  Click Here
     RHP Draft Prospectus::  Click Here

    Fino Payments Bank IPO Market Lot

     Minimum Lot Size:  Minimum 25 Shares for 1 lot
     Minimum Amount:  ₹14,425 for 1 lot
     Maximum Lot Size:  Maximum 325 Shares for 13 lot
     Maximum Amount:  ₹187,525 for 13 lot

    Fino Payments Bank IPO Date, Time Table, Allotment & Listing

     Price Band Announcement:  October 2021
     Anchor Investors Allotment:  28 October 2021
     IPO Open Date:  29 October 2021
     IPO Close Date:  02 November 2021
     Basis of Allotment:  09 November 2021
     Refunds:  10 November 2021
     Credit to Demat Account:  11 November 2021
     IPO Listing Date:  12 November 2021

    Fino Payments Bank IPO Details

    A Mumbai based FinTech company Fino Payments Bank to raise ₹1200 crores via initial public offer. The company reported a profit of ₹20.47 crores in the year ended 2021 that was loss of ₹32.04 crores in 2020. The financial results are positive in 2021 but we need to check the coming quarter results to justify the IPO cost. Fino Payments Bank IPO opened on October 29, 2021 and closed on November 02, 2021. The price band fixed at ₹560 to ₹577. The face value of the stock is ₹10.

    Fino Payments Bank IPO Allotment FAQs


    When is Fino Payments Bank IPO Allotment Date?
    Fino Payments Bank IPO Allotment date is 09 November 2021.

    What will be Fino Payments Bank IPO Refund Date?
    The IPO refund date is 10 November 2021.

    What is the chance to get the Fino Payments Bank IPO Allotment?
    The IPO allotment is based of the subscription. As per the retail application received the basis of allotment will be around 5:1.

    How to check the Fino Payments Bank IPO Allotment?
    Check Fino Payments Bank IPO allotment via your PAN number, the application number, or amount deducted in your bank.

    How to check the Fino Payments Bank IPO Allotment via Registrar?
    Just log on to KFintech IPO Allotment page here: Click Here and Check via Application Number, PAN Number of your Demat Account Number. Its Easy Right!

    Open FREE Demat Account