anubhai angaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

Technology . Transparency . Trust

MARKET

IPO Synopsis
Fino Payments Bank Ltd
Registered Office: Mindspace Juinagar Plot No Gen, 2/1/F Tower 1 8thFlr TTC IndlA, Navi Mumbai - 400706, Maharashtra
Phone: 1
Email: 1
Website: 1
Initial public offer of 2,08,02,305* equity shares of face value of Rs. 10 each ("Equity Shares") of Fino Payments Bank Limited (The "Bank") for cash at a price of Rs. 577 per equity share (including a share premium of Rs. 567 per equity share) aggregating to Rs. 1200.29* crores (The "Offer") comprising a fresh issue of 51,99,306* equity shares aggregating to Rs. 300.00* crores (The "Fresh Issue") and an offer for sale of 15,602,999* equity shares by Fino Paytech Limited ("Promoter Selling Shareholder", and such equity shares the "Offered Shares") aggregating to Rs. 900.29* crores (The "Offer for Sale"). The offer included a reservation of 51,993* equity shares, aggregating to Rs. 3.00* crores (constituting 5% of the post-offer paid-up equity share capital), for subscription by eligible employees (the "Employee Reservation Portion"). The employee reservation portion shall not exceed 5%of th postoffer paid-up equity share capital. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 25.00% and 24.94%, respectively, of the post-offer paid-up equity share capital of the bank. The face value of equity shares is Rs. 10 each. The offer price is Rs. 577 per equity share and is 57.7 times the face value of the equity shares, the anchor investor offer price is Rs. 577 per equity share. *Subject to finalisation of the basis of allotment
Issue Money Payable On
Opens On Closes On Application Allotment
29-Oct-2021 02-Nov-2021 577.00 - 0.00 0.00 - 0.00
Cr. Lead Managers to the Issue
Project Cost 0.00
Project Financed through Current Offer 1,200.29
Post Issue Equity Share Capital 83.21
Issue Price 577.00
Projects
To be Utilised towards Augmentation of the Bank's Tier-I Capital base to meet the Bank's future Capital Requirements
Promoted By
Fino Paytech Ltd
BSE
NSE
Registrar to the Issue
Attention Investor
As per CDSL communiqué Kindly update your Email ID, Mobile Number & Income Range in CDSL demat Account on or before 31st May 2021, Non Compliance Account will be INACTIVE after 31st May 2021. | Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors.  | "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account." | "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."    Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of Investors.