| Fino Payments Bank Ltd |
|
Registered Office:
Mindspace Juinagar Plot No Gen,2/1/F Tower 1 8thFlr TTC IndlA
,
Navi Mumbai
-
400706
,
Maharashtra
, India.
Phone :
91-22-7104 7000 Fax:
Email : basavraj.loni@finobank.com
Website : www.finobank.com
|
Initial public offer of 2,08,02,305* equity shares of face value of  10 each ("Equity Shares") of Fino Payments Bank Limited (The "Bank") for cash at a price of 577 per equity share (including a share premium of 567 per equity share) aggregating to 1200.29* crores (The "Offer") comprising a fresh issue of 51,99,306* equity shares aggregating to
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 900.29* crores (The "Offer for Sale"). The offer included a reservation of 51,993* equity shares, aggregating to 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 10 each.
The offer price is 577 per equity share and is 57.7 times the face value of the equity shares, the anchor investor offer price is 577 per equity share.
*Subject to finalisation of the basis of allotment
|
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 29-Oct-21 |
02-Nov-21 |
Rs577.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :25 Further Multiples of :25 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
0.00 |
|
| Project Financed through Current Offer |
1200.29 |
|
| Post Issue Equity Share Capital |
83.21 |
|
| Issue Price |
Rs577.00 |
|
|