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Fino Payments Bank IPO Subscription Status Live

Fino Payments Bank IPO subscribed 2.03 times. The public issue subscribed 5.92 times in the retail category, 1.65 times in QIB, and 0.21 times in the NII category by Nov 2, 2021.

Application Wise IPO Subscription (Retail): 4.76 times

Investor CategorySubscription (times)
Qualified Institutions1.65
Non-Institutional Buyers0.21
Retail Investors5.92
Employees0.93
Others[.]
Total2.03

Fino Payments Bank IPO (Day-wise) Subscription Details (times)

DateQIBNIIRetailEMPTotal
Day 1
Oct 29, 2021
0.000.052.730.250.51
Day 2
Nov 1, 2021
0.000.104.650.560.87
Day 3
Nov 2, 2021
1.650.215.920.932.03

Fino Payments Bank IPO Shares Offered

Fino Payments Bank IPO is a public issue of 11,464,664 equity shares. The issue offers 2,075,031 shares to retail investors, 6,225,094 shares to qualified institutional buyers, and 3,112,546 shares to non-institutional investors.

CategoryShares OfferedAmount (Rs Cr) Size (%)
QIB6,225,094359.1954.30%
NII3,112,546179.5927.15%
Retail2,075,031119.7318.10%
Employee51,9933.000.45%
Total*11,464,664661.51100%

* Anchor Investor portion is not included.

IPO Investor Categories

  • Qualified Institutional Buyers (QIB)

    Financial Institutions, Banks, FIIs, and Mutual Funds registered with SEBI are called QIBs. In most cases, QIBs represent small investors who invest through mutual funds, ULIP schemes of insurance companies, and pension schemes.

  • Non-Institutional Investors(NII)

    Retail Individual Investors (HNI), NRIs, Companies, Trusts, etc who bid for shares worth more than Rs 2 lakhs are known as Non-institutional bidders (NII). Unlike QIB bidders, they do not need SEBI registration.

    NII category has two subcategories:

    1. sNII (bids below Rs 10L)

      The Small NII category is for NII investors who bid for shares between Rs 2 lakhs to Rs 10 lakhs. The 1/3 of NII category shares are reserved for the Small NII sub-category. This subcategory is also known as Small HNI (sHNI).

    2. bNII (bids above Rs 10L)

      The Big NII category is for NII investors who bid for shares worth more than Rs 10 Lakhs. The 2/3 of NII category shares are reserved for the Big NII subcategory. This subcategory is also known as Big HNI (bHNI).

  • Retail Individual Investors(RII)

    The retail individual investor or NRIs who apply up to Rs 2 lakhs in an IPO are considered as RII reserved category.

  • Employee (EMP)

    A category of eligible employees who have a reserved quota in the IPO.

  • Others

    A category of eligible shareholders or other investors who have a reserved quota in the IPO.

What is the difference between RII, NII, QIB and Anchor Investor?

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Fino Payments Bank IPO Subscription FAQs

The Fino Payments Bank IPO is subscribed 2.03 by Nov 2, 2021.

Fino Payments Bank IPO Subscription

Investor CategorySubscription (times)
Qualified Institutional1.65
Non Institutional0.21
Retail Individual5.92
Employee Reservations0.93
Others[.]
Total Subscription2.03

Retail category of Fino Payments Bank IPO subscribed 5.92 times as of date Nov 2, 2021. The public issue closes on Nov 2, 2021 for bidding.

An investor can apply in Fino Payments Bank IPO online via bank (using ASBA) or the broker (using UPI). The Fino Payments Bank IPO shares are offered online only.

The Fino Payments Bank IPO is subscribed 2.03 by Nov 2, 2021.

The Fino Payments Bank IPO allotment status is expected on or around Nov 9, 2021. Visit Fino Payments Bank IPO allotment status to check.

The Fino Payments Bank IPO listing date is Friday, November 12, 2021. The equity share of Fino Payments Bank Limited will list on BSE, NSE.

Visit Fino Payments Bank IPO subscription status page for real-time bidding information about Fino Payments Bank IPO.

Fino Payments Bank IPO Timetable

IPO Opens OnOct 29, 2021
IPO Closes OnNov 2, 2021
Finalisation of Basis of AllotmentNov 9, 2021
Initiation of RefundsNov 10, 2021
Credit of Shares to Demat AccountNov 11, 2021
IPO Listing DateNov 12, 2021