Thursday, November 11, 2021

Fino Payments Bank IPO Listing on 12 November on NSE & BSE

Fino Payments Bank IPO to list on NSE and BSE on 12 November 2021, Friday at 10:00 AM. The Fino Payments Bank was not looking good from the start as the grey market was not active and the demand was less. The IPO subscribed 2.03x times in that Qualified Institutional Buyer (QIB) 1.65x, Non-institutional Bidders (NII) 0.21x, and Retail (RII) 5.92x. The company reported a profit of ₹20.47 crores in 2021 against a loss of ₹32.04 crores in 2020. The revenues jumped in 2021 to ₹791 crores against ₹691 crores in 2020. The stock will list in B Group. As per the market speculations the stock might list flat or below IPO price. Check out the Fino Payments Bank IPO listing details as given below:

Latest Update: Fino Payments Bank IPO listed at 6% discount. The Fino Payment bank share price listed at ₹543.90 on NSE and ₹548.00 on BSE respectively. Happy Investing!

Fino Payments Bank


    Fino Payments Bank Share Price Live Quote

    Details BSE Listing NSE Listing
    IPO Price
    ₹577.00
    ₹577.00
    List Price
    ₹543.90
    ₹548.00
    High Price
    ₹582.95
    ₹583.35
    Low Price
    ₹511.05
    ₹510.80
    Close Price
    ₹544.35
    ₹545.25
    Volume
    10,113,420
    624,332
    BSE Notice of Listing: Notice 1 | Notice 2

    Fino Payments Bank IPO Listing Details

    Find the Fino Payments Bank IPO listing details like BSE Code, NSE Code, ISIN Number, and Listing Group. The information given below will help you on the Fino Payments Bank share listing day.
    BSE Code543386
    NSE CodeFINOPB
    GroupB Group
    ISIN NoINE02NC01014
    Offer Price₹577
    Face Value₹10
    Listing Date12 November 2021, Friday

    Important Links:


    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 Listing FAQs:


    When is Fino Payments Bank IPO Listing Date?
    Fino Payments Bank IPO listing date is 12 November 2021, Friday.

    What will be the estimated listing price of Fino Payments Bank stock?
    As per the market speculations, the IPO might list at ₹550 to ₹580 level. If the market supports the stock might go on a higher side around ₹600 level while on the downside the stock might hit to ₹520 level.

    How many returns are expected in Fino Payments Bank IPO?
    The IPO might give a listing gain of NIL.

    What is Fino Payments Bank Share Price on Listing Day?
    The IPO is listed at ₹543.90 on NSE and at ₹548.00 on BSE.

    Will Fino Payments Bank will list on NSE and BSE?
    Yes, The IPO to list on NSE and BSE both the indices.

    Should I buy Fino Payments Bank shares on a listing day?
    Long-term investors should buy the stock on a listing day. Stock Market investments are subject to market risks.

    What is a BSE and NSE Code for the Fino Payments Bank IPO?
    The BSE Code is 543386 while NSE Code is FINOPB.

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