Fino Payments Bank IPO Allotment Date & Status: Fino Payments Bank IPO allotment is will be available on November 09 on KFintech website. Please check the IPO allotment status on the KFintech registrar as on the allotment date.
FSN E-Commerce Ventures Private Limited aka Fino Payments Bank IPO Allotment to be finalized by KFintech on November 09, 2021. The refund will be initiated on November 10 and the shares will be credited to the Demat account on November 11. The IPO may list on November 12. To check the Fino Payments Bank IPO Allotment the investors can go online via BSE Website, KFintech website or they can check it via their bank account and demat login as well. Here are step to step guide from where you can check Fino Payments Bank IPO allotment status online or offline.
Fino Payments Bank IPO subscribed 2.03x times with 5.92x times in retail as on day 3. Based on the retail subscription the basis of allotment will be around 5:1.
Fino Payments Bank IPO Allotment Links
| Check Allotment on IPOWatch | Click Here |
| Check Allotment on KFintech | Click Here |
| Check Allotment on BSE India | Click Here |
#Step 1: How to check Fino Payments Bank IPO Allotment at KFintech?
- Log on to KFintech IPO allotment link – KFintech.com/ipostatus/
- Select IPO Name ‘Fino Payments Bank Limited’ from drop down menu bar
- Select Option from PAN Number, Application Number or DP ID Option
- As per selection add PAN Number, Application Number or Demat Account Number
- Click on ‘Search’ Button
- You will able to see your Fino Payments Bank IPO Allotment on the screen (mobile / desktop).
Check the Allotment on KFintech
#Step 2: How to check Fino Payments Bank IPO Allotment at BSE?
- Log on to BSE Website – bseindia.com/investors/appli_check.aspx
- Select box ‘Equity’ in the issue type
- Select IPO Name ‘Fino Payments Bank Limited’
- Type Your Application Number & PAN Number
- Click on ‘Search’ Button
- You will able to see your Fino Payments Bank IPO Allotment on the screen (mobile / desktop).
#Step 3: How to check Fino Payments Bank IPO Allotment in Demant Account?
- Call Your Broker or Login to Your Demat Account / Trading Account
- Check the stock is credited to your account or not
- If you got the allotment the credited shares will appear in the demat account
#Step 4: How to check Fino Payments Bank IPO Allotment in Bank Account?
- Login to your Bank Account from which you applied the Fino Payments Bank IPO
- Check the Balance Tab
- If you got the allotment the Amount will be debited
- If you did not get the allotment the Amount will be released
- If you got the allotment you got SMS “Dear Customer, Bank Name Account 00001 is debited with INR 00000.00 on Date. Info: IPOName. The Available Balance is INR 000000.”
Fino Payments Bank IPO Subscription Status (Final Data)
(Over Subscribed)
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00x | 0.00x | 1.65x |
| NII | 0.05x | 0.10x | 0.21x |
| RII | 2.73x | 4.65x | 5.92x |
| EMP | 0.25x | 0.56x | 0.93x |
| Total | 0.51x | 0.87x | 2.03x |
Fino Payments Bank IPO Date & Price Band
| IPO Open: | 29 October 2021 |
| IPO Close: | 02 November 2021 |
| IPO Size: | Approx ₹1200 Crore |
| Fresh Issue: | Approx ₹300 Crore |
| Offer for Sale: | Approx 15,602,999 Equity Shares ₹900 Crore |
| Face Value: | ₹10 Per Equity Share |
| Price Band: | ₹560 to ₹577 Per Share |
| Listing on: | BSE & NSE |
| Retail Quota: | 10% |
| QIB Quota: | 75% |
| NII Quota: | 15% |
| DRHP Draft Prospectus:: | Click Here |
| RHP Draft Prospectus:: | Click Here |
Fino Payments Bank IPO Market Lot
| Minimum Lot Size: | Minimum 25 Shares for 1 lot |
| Minimum Amount: | ₹14,425 for 1 lot |
| Maximum Lot Size: | Maximum 325 Shares for 13 lot |
| Maximum Amount: | ₹187,525 for 13 lot |
Fino Payments Bank IPO Date, Time Table, Allotment & Listing
| Price Band Announcement: | October 2021 |
| Anchor Investors Allotment: | 28 October 2021 |
| IPO Open Date: | 29 October 2021 |
| IPO Close Date: | 02 November 2021 |
| Basis of Allotment: | 09 November 2021 |
| Refunds: | 10 November 2021 |
| Credit to Demat Account: | 11 November 2021 |
| IPO Listing Date: | 12 November 2021 |
Fino Payments Bank IPO Details
A Mumbai based FinTech company Fino Payments Bank to raise ₹1200 crores via initial public offer. The company reported a profit of ₹20.47 crores in the year ended 2021 that was loss of ₹32.04 crores in 2020. The financial results are positive in 2021 but we need to check the coming quarter results to justify the IPO cost. Fino Payments Bank IPO opened on October 29, 2021 and closed on November 02, 2021. The price band fixed at ₹560 to ₹577. The face value of the stock is ₹10.
