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October 29, 2021 - November 2, 2021

Fino Payments Bank IPO FAQ

Fino Payments Bank IPO Date & Price

The Fino Payments Bank IPO opens on October 29, 2021 and closes on November 2, 2021.

Fino Payments Bank IPO timetable / schedule is as below:
  • Bid/Offer Opens On: October 29, 2021
  • Bid/Offer Closes On: November 2, 2021
  • Finalization of Basis of Allotment: November 9, 2021
  • Initiation of refunds: November 10, 2021
  • Credit of Equity Shares: November 11, 2021
  • Listing Date: November 12, 2021

Fino Payments Bank IPO price is set at ₹577 per equity share.

Fino Payments Bank IPO will close for subscription at 5 PM on November 2, 2021. But most brokers stop accepting application between 1 PM to 3 PM.

The Fino Payments Bank IPO starts on October 29, 2021. The issue ends on November 2, 2021.

Fino Payments Bank IPO Issue Size and Subscription Status

The Fino Payments Bank IPO size is Equity Shares of ₹10 aggregating up to ₹1,200.29 Cr.

Fino Payments Bank Limited is selling its shares to the public through an Initial Public Offer (IPO). Retail investors can apply online for Fino Payments Bank IPO shares through the banks (using ASBA) or through the broker (using UPI).

Fino Payments Bank IPO Offer Size

Qualified Institutional Buyers (QIB)6,225,094 Shares
Non-Institutional Investors (NII)3,112,546 Shares
Retail Individual Investor (RII)2,075,031 Shares
Employee Reservations51,993 Shares
Other Reservations0 Shares
Total Issue Size11,464,664 Shares

Fino Payments Bank IPO IPO Subscription Status

Qualified Institutional Buyers (QIB)1.65 times times
Non-Institutional Investors (NII)0.21 times times
Retail Individual Investor (RII)5.92 times times
Employee Reservations0.93 times times
Other Reservations times
Total Issue Size2.03 times times

Click here to check the Fino Payments Bank IPO live subscription status.

If you have a demat account, most banks offer the online IPO application. You could also contact your broker to apply in Fino Payments Bank IPO.

Zerodha, the largest stockbroker in India, offers an online IPO application. You can apply for an IPO online with Zerodha by visiting https://zerodha.com/ipo

You could check Fino Payments Bank IPO Grey Market Premium (GMP Rate) by visiting our IPO Grey Market Price (Message Board). Note that there is no official source of GMP Rate as it's a black market.

Fino Payments Bank IPO Allotment and Listing

The Fino Payments Bank IPO allot status will be available online on November 9, 2021. Check the Fino Payments Bank IPO Allotment Status here.

Click here to check Fino Payments Bank IPO Allotment Status.

Fino Payments Bank IPO listing Date is November 12, 2021. The regular trading starts at 10 AM on listing day.BSE and NSE allow a pre-open trading on listing day. This 45 minutes session starts at 9 AM and ends at 9:45 AM. This session allows buyers and sellers to place/ modify /cancel orders. The next 15 minutes are for price discovery and processing orders placed in the pre-open trading session. The Fino Payments Bank IPO listing date and time is published by the exchange in a circular.

Click here to view the Fino Payments Bank IPO Basis of Allotment.

It is hard to say at what price Fino Payments Bank IPO Shares will list. The price varies by the demand and supply of IPO shares on the day of listing.

The Fino Payments Bank IPO shares will list on November 12, 2021 at BSE, NSE.

Fino Payments Bank IPO - Should I apply?

Visit our IPO Analysis and Recommendations page to view IPO Notes from experts.

Sorry, we do not provide IPO recommendations. But we share a lot of information about Fino Payments Bank IPO which could help you with questions like Fino Payments Bank IPO buy or not? You should also read Fino Payments Bank IPO Analysis from experts and check the daily subscription status.

It actually depends on many factors. This includes company financials, segment outlook, market situation, issue pricing, the background of promoters, lead managers performance, company strengths, risks and oversubscription. You should read the prospectus document, IPO Analysis from experts and follow the subscriptions.

Fino Payments Bank IPO listing day gains are highly unpredictable as depends on many factors on the day listing. It depends on factors like the demand (IPO oversubscription), the market situation on the day of listing, Issue size etc.

Visit our IPO Performance Tracker to check the Fino Payments Bank IPO performance. The performance reports are available 1 day after listing.