Fino Payments Bank IPO: The initial public offer of Fino Payments Bank was subscribed 2.03 times on the last day of subscription on Tuesday. The Rs 1,200.3-crore IPO received bids for 2,32,46,150 shares against 1,14,64,664 shares on offer, according to data available with the NSE.

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Here is all you need to know about Fino Payments Bank IPO Allotment Date, Status Check Online on BSE, Listing Date and more

Fino Payments Bank IPO Allotment Date: Allotment finalisation may take place on 9th November

Status Check Online on BSE:- 

Here is how you can check Fino Payments Bank IPO allotment status online directly through BSE link - check step by step guide:-

How to check Fino Payments Bank IPO online at BSE:-
 
Step 1- Login at BSE link — bseindia.com/investors/appli_check.aspx
 
Step 2- Select Fino Payments Bank IPO
 
Step 3- Enter your Fino Payments Bank IPO application number
 
Step 4- Enter your PAN card details
 
Step 5 - Click at 'I'm not a robot'
 
Step 6 - Click at 'Submit' button
 
You will get to know the Fino Payments Bank IPO allotment status of your application

Fino Payments Bank IPO Listing Date: Expected to take place on 12th Nov

Fino Payments Bank IPO

-The category for Qualified Institutional Buyers (QIBs) was subscribed 1.65 times, while that for non-institutional investors was subscribed 21 per cent and Retail Individual Investors (RIIs) 5.92 times.

-The initial public offer (IPO) had a fresh issue of up to Rs 300 crore and an offer for sale of up to 1,56,02,999 equity shares.

-The price range for the offer was at Rs 560-577 per share.

- Fino Payments Bank had garnered Rs 539 crore from anchor investors.

-Proceeds from the fresh issue would be used towards augmenting the bank's tier-1 capital base to meet its future capital requirements.

- Axis Capital, CLSA India, ICICI Securities and Nomura Financial Advisory and Securities were the managers of the offer. 

Fino Payments Bank

-Fino Payments Bank or FPBL is a scheduled commercial bank serving the emerging Indian market with its digital-based financial services.'

-The company is a fully-owned subsidiary of Fino Paytech, a pioneer in technology-enabled financial inclusion solutions.

- Fino Paytech is backed by investors like Blackstone, ICICI Group, Bharat Petroleum and International Finance Corporation (IFC).