Fino Payments Bank Limited IPO Message Board (Page 4)

Retailers are too fast to subscribe just imagine if retailer subscribe 10 time and biggies not apply then all maal have retail and then what should be listing 👍 thanks

No interest shown by QIB and NII even on IInd day. Take a cautious approach and apply tomorrow only, if there is 10-15x demand from these categories.

Not applying
in HNI and Retail also

Message from Indian warren buffet Pramod Gupta which was in Hindi so thought of translating in English and sharing in the group

Share market 11 golden rules
1.Don’t do trading without stop loss
2.Don’t Borrow money and put in share market
3.Don’t put entire fund in one share
4.Minimum invest in 8-10 companies
5.Don’t invest in government firm
6.Invest in growth oriented companies
7.Don’t incur loss of more than 20% in single share
8.Don’t invest without any knowledge and self assessment based on tips
9.Invest money for a span of 5-10 yrs ie for long term
10.Don’t expect more than 20-25% return annually
11.Do not forget above 10 RULES

Excellent advice.

Fino Payments Bank - For those who care beyond the GMP (based on simple annualization of Q1''''FY22 consolidated financials & post-money (top end of the price band)):

Departing from the norm and not presenting the usual multiples and returns analysis as all of it is very poor for this payments bank. Enough has been said and mentioned about how tough the business model is and with the proliferation of any and every sort of overfunded FinTech play, the Payments Bank business model is itself under threat. Completely skipping it! Keep minting!

India is in the midst of a digital revolution and the masses are adopting the digital payments method. Increased technology adoption can be seen among millennials with rising in the use of smartphones and internet penetration. There is a section of the population that is not covered by large financial institutions and this factor works in the favor of emerging Fintechs and NBFCs. Hence the digital payments providers have headroom for growth in the future.

But Lataji FINO me kuch khaas hai? Payments bank toh Paytm bhi hai which is not only doing what FINO does but lot more - ecommerce (nykaa) direct insurance selling (policybazaar) wallet services (mobikwik) and much more.. FINO is no market leader and the headroom for growth (if any in this OVERCROWDED SECTOR) is going to be taken by Market Leaders!

Please anyone reply in this ipo apply or not i can''t find any basics of information pe ratio is negative pb ratio so expensive any other valuation method i can''t find any reason to apply this ipo for listing gain thanks

If you can take risk then yes. Flat to negative gain expected

Sahi kaha bhai i observe that let''s see tomorrow afternoon will decide apply or not thanks

Anyone suggest how many application axis bank asba

Too expensive in BFSI universe. There are better buys in falling market. Any bank can roll out like them and with Paytm coming in- Future of Fino is questionable

Nothing wrong with fundamentals, Numbers are good for 2021

last day 2:30 pm. ko bating hue to bharege varna tata... bye bye.... gaya...!!

good one...👍

Do they have a quota for shareholders of Fino Paytech Limited ?

Like people managing multiple retail accounts for multiple applications, same way indiaway seems to have many Chittorgarh accounts too from family friends :) who can have likes for his No reply too :)
Observed Same way more than 10 likes in sigachi post of 1000x hni subscription and many others....

@lokes & Marwari
Good One
I had pointed this early also, even genuine post which is helpful for all of us did not get that many likes. somehow this account is belong to paymzia.

Anchor List

https://www.bseindia.com/markets/MarketInfo/DispNoticesNCirculars.aspx?page=20211028-58

@jstm,
much appreacited for your review on those 2 IPO''s.

Thanks

@jstm,
after long time, I avoided this IPO. thanks for your early advise. (even retail I did not apply)

Thanks

शेयर मार्केट के 11 महत्वपूर्ण नियम

1- Stop Loss के बिना ट्रेड मत करो
2- उधार का पैसा मत लगाओ
3- सारा पैसा एक ही कंपनी में मत लगाओ
4- कम से कम 8-10 कंपनियों में बराबर पैसा लगाओ
5- सरकारी कंपनी में पैसा मत लगाओ
6- अच्छी ग्रोथ वाली कंपनियों में पैसा लगाओ
7- 20% से ज्यादा loss मत करो एक शेयर में
8- बिना जानकारी के दुसरो की सलाह से मत खरीदो
9- पैसा 5-10 साल की लंबी अवधि के लिए लगाओ
10- 20-25% से ज्यादा की सालाना उम्मीद मत करो
11- ऊपर वाले 10 नियमो को कभी मत भूलो

Key Strengths and Strategies

      DTP Framework:
The bank’s Distribution, Technology, and Partnership (DTP) enables it to serve the target market efficiently and is designed to achieve improvements on three key challenges like scale, service, and sustainability associated with serving such target market.

      Asset Light Business Model:
Bank’s merchant-led model is a capital-light business strategy in respect of network expansion and except for referrals of third-party loan providers, Fino does not offer any lending products and it does not hold credit risk for loans.

      Continued Innovation:
Continue Innovation Leading to High Growth Products and Diversified Revenue Streams.

Risks and Concerns

      High Concentration of Merchants in the Few States:
Out of the total number of ‘own’ merchants, 46% of them are in three states of Uttar Pradesh (70,847), Bihar (58,452), and Madhya Pradesh (38,277) as of June 2021. Also, the revenue from these three states contributes 43% (FY21) and 47% (As of June 2021) to the total revenue.

      Highly Competitive Industry:
Fino payments bank faces competition across all its products and services from other payments banks, certain fintech companies, microfinance institutions, small finance banks, as well as from scheduled commercial banks, public sector banks, private sector banks, NBFCs, and foreign banks in India.

      Negative Cash Flows:
In FY20 (-83.67 crores), FY21 (-32.22 crores), and as of June 2021 (-64.06 crores), the bank has negative cash flow from operations

Retail subscription started....

Retailers are FOOLS although they are aware this not the ipo which going to give them any profit on listing still they are applying
It will be another Sarvoday

Foreign Portfolio Investors who participated in the anchor were US based, Pinebridge Global Funds, Fidelty fund, HSBC, France based Societe Generale and Matthews Asia.
Amongst domestic investors Aditya Birla across with 4 schemes, Motilal Oswal with 3 schemes, Tata across with 4 schemes, BNP Paribas across with 2 schemes, Invesco across with 4 schemes.

Any GMP?

EAGLE EYE, YOUR OPINION MATTERS A LOT

24+ first trade

Gmp Fino 24+ first trade

Fino Banks has built a pan-India presence with 724,671 merchants (own and API) as of June 30, 2021 which are typically located in Tier-2 and Tier-3 towns. They currently have approximately 17,430 active BCs across India. Additionally, they operate 54 branches and 130 Customer Service Points (“CSPs”) as of June 30, 2021.

Very Expensive and heavily overpriced.
IPO price - 577
Current price Offline - 425
EPS - 2.62 (20-21)
PE - 162+ that too if we consider current price of 425.
PE - 220+ if we consider ipo price.
With an issue size of 1200cr, and with exorbitant valuations, why would anyone waste money on this. Weak listing is expected.

Ignore the above message.
In offline market, FINO PAYTECH (parent co) is being traded at 425 and not Fino payments bank.
Still, the fundamentals and asking price isn''t justified.....it may go Suryoday SFB way.

I doubt if it will go suryodaya SFB way as Fino payments bank is not into the lending business and is pure fintech with digital payments, which is the future. Survodaya got battered due to a heavy dent in lending business because of COVID.