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Fino Payments Bank Ltd.
Issue Open Date 29-Oct-21  
Issue Closing Date 02-Nov-21  
Application Money 100  
Allotment Money  
Price Band () 560 - 577  
Minimum Bid Quantity. 25  
Issue Size (Shares) 20960141  
Market Lot 1  
Objective

Offer for SaleThe Promoter Selling Shareholder shall be entitled to the proceeds from the Offer for Sale. Our Bank will not receive any proceeds from the Offer for Sale.Objects of the OfferOur Bank proposes to utilise the Net Proceeds from the Fresh Issue towards augmenting its Tier – 1 capital base to meet its future capital requirements. Further, the proceeds from the Fresh Issue will also be used towards meeting the expenses in relation to the Offer.Additionally, our Bank expects to receive the benefits of listing the Equity Shares on the Stock Exchanges.

Business Description

We are a growing fintech company offering a diverse range of financial products and services that are primarily digital and have apayments focus. We offer such products and services to our target market via a pan-India distribution network and proprietarytechnologies, and since 2017, we have grown our operational presence to cover over 94% of districts as of March 31, 2021. We firstbecame profi...

Promoter's Holding
Total Share Capital   78014996  
Offered to Public   20960141  
Promoter's Holding (Pre-Issue)   100  
Promoter's Holding (Post-Issue)   75  
Address
Address :Mindspace Juinagar
Plot No Gen 2/1/ F
Tower 1
8th Floor
T T C Industrial Area
M I D C Shirwane
Juinagar
City :Navi Mumbai, State :Maharashtra Pincode :400706 Phone :022-71047000 Email : cs@finobank.com Website : www.finobank.com
Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
Karvy Selenium Tower B
Plot 31-32
Gachibowli
Financial District
Nanakramguda
Hyderabad
Listed at
BSE, NSE
Lead Manager
Axis Capital Ltd.
CLSA India Ltd
ICICI Securities Ltd
Nomura Financial Advisory & Securities (India) Pvt Ltd.
Promoters
Fino Paytech Ltd
BNK Securities Pvt. Ltd

CIN No.:U67120WB1995PTC071182 (ISO 90001:2015 & ISO 27001:2013 Certified Company)

Registered Office: Mayfair Tower, 2,Palm Avenue,Kolkata-700 019

Tel:+91-33-4602-2160/61/62/63 Email:contact@bnkcapital.com

BNK Securities Pvt Ltd. MEMBERS OF NSE, BSE AND MSEI SEBI Registration no: INZ000220037

SEBI Registration No: MB / INM000011641 (Category I Merchant Banker), Research Analyst. Reg no INH300003520

DEPOSITORY PARTICIPANT SEBI Registration No-In-DP-673-2022, CDSL DP ID - 12060500.

AMFI certified Mutual Fund Distributor Registration No: ARN–86507

For any grievances, investors can contact at: grievance@bnkstockline.com, Tel:+91-33-4602-2160/61/62/63

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