31 Mar 2019
Assets684.07
Total Income371.12
EBITDA-18.59
Profit After Tax-62.38
NET Worth162.11
Reserves and Surplus117.53
Total Borrowing82.90
At a glance
Updated 2026-08-23Fino Payments Bank is a Mainboard IPO with an issue size of ₹1,200.29 crore, proposed for listing on BSE, NSE. The offer opens on 29th Oct 2021 and closes on 2nd Nov 2021. The issue structure includes a fresh issue of ₹300.00 crore and an offer-for-sale component of ₹900.29 crore. The current listing schedule points to 12th Nov 2021.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹1,200.29 Cr
Fresh issue₹300.00 Cr
Offer for sale₹900.29 Cr
Face value₹10
Price band₹560.00–₹577.00
Allotment9th Nov 2021
Listing12th Nov 2021
Grey market
GMP page ↗Latest GMP₹0.00
GMP / upper price0.00%
Est. listingNO DATA
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens29th Oct 2021
Closes2nd Nov 2021
Allotment9th Nov 2021
Refund10th Nov 2021
Demat11th Nov 2021
Listing12th Nov 2021
Subscription demand
Full bidding ↗NO DATAWaiting for a verified live exchange update.
Company
Use of proceeds
| Object | Amount |
|---|---|
| Augmenting its Tier-1 capital base to meet its future capital requirements | ₹300.00 Cr |
| Issue expenses | ₹66.59 Cr |
| Total | ₹366.59 Cr |
Financials
Full financials ↗31 Mar 2020
Assets624.00
Total Income691.40
EBITDA-8.47
Profit After Tax-32.04
NET Worth130.07
Reserves and Surplus85.49
Total Borrowing110.79
31 Mar 2021
Assets1,010.29
Total Income791.03
EBITDA74.06
Profit After Tax20.47
NET Worth150.55
Reserves and Surplus105.97
Total Borrowing180.80
30 Jun 2021
Assets1,020.16
Total Income206.24
EBITDA9.91
Profit After Tax3.13
NET Worth153.68
Reserves and Surplus109.10
Total Borrowing211.28
Trend chart₹ crore
KPIs
| KPI | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | BRLMs fees and commissions (including underwriting commission, brokerage and selling commission payable to members of the syndicate) | 35.17 |
| 2 | Commission/processing fee for SCSBs and Bankers to the Offer and fee payable to the Sponsor Bank for Bids made by RIBs using UPI | 1.14 |
| 3 | Brokerage and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | 1.05 |
| 4 | Fees payable to the Registrar to the Offer | 0.06 |
| 5 | Fees payable to legal counsel | 6.53 |
| 6 | Listing fees, SEBI filing fees, upload fees, BSE and NSE processing fees, book building software fees and other regulatory expenses | 4.64 |
| 7 | Printing and stationery | 1.81 |
| 8 | Advertising and marketing expenses | 8.23 |
| 9 | Miscellaneous | 7.97 |
Issue expenses
| Expense | Amount |
|---|---|
| Augmenting its Tier-1 capital base to meet its future capital requirements | ₹300.00 Cr |
| Issue expenses | ₹66.59 Cr |
| Total | ₹366.59 Cr |
Registrar & lead managers
Registrar
Kfin Technologies Ltd.Lead managers
- ICICI Securities Ltd.
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-08-23.