Fino Payments Bank IPO Subscription Details

Bookbuilding IPO | ₹1,200 Cr | Listed at BSE, NSE | Fri, Oct 29, 2021 - Tue, Nov 2, 2021

Basis of Allotment - Fino Payments Bank IPO

Category QIB NII Retail Employees Total
Ex. Anchor Anchor Investor Total QIB
Allocation (No. of shares)62,25,09493,37,6411,55,62,73531,12,54620,75,03151,9932,08,02,305
Allotment price (Rs.)577577577577577577577
No.of applications1829474412,32,2711682,32,927
No.of shares applied1,02,39,82593,37,6411,95,77,4664,75,47578,44,80019,5252,79,17,266
Amount collected (Rs.cr.)590.84 538.78 1,129.62 27.43 452.64 1.13 1,610.83
No.of times subscribed1.641.001.260.153.780.381.34
No.of shares allotted85,80,56993,37,6411,79,18,2104,75,47523,89,09519,5252,08,02,305
Amount (Rs.cr.)495.10 538.78 1,033.88 27.43 137.85 1.13 1,200.29
No.of allottees18294744195,56316896,219

IPO Shares Offered

Fino Payments Bank IPO is a public issue of 2.08 Cr equity shares. The issue offers 0.21 Cr shares to retail investors, 1.56 Cr shares to qualified institutional buyers, and 0.31 Cr shares to non-institutional investors.

CategoryShares OfferedAmt (₹ Cr.)Size (%)
QIB 1,55,62,735897.97 74.81%
    Anchor 93,37,641 538.78 44.89%
    QIB (Ex Anchor) 62,25,094 359.19 29.93%
NII 31,12,546179.59 14.96%
Retail20,75,031119.73 9.98%
Employee51,9933.00 0.25%
Total2,08,02,3051,200.29 100%

Fino Payments Bank IPO Anchor Investor Allocation

A total of 93,37,641 shares at a price of Rs 577 per share will be allotted to the anchor investors.

Anchor investors bid opening dateOct 28, 2021
Anchor investor price₹577.00
Anchor investors as % of QIBs60.00%
No. of shares locked-in for 30 days46,68,821
No. of shares locked-in for 90 days46,68,821
S.No.Anchor InvestorGroup EntityNo. of Shares AllottedAmount (Rs.cr.)% Allotment within Anchor Investor Portion% Allotment of Issue
1 FIDELITY FUNDS-INDIA FOCUS FUND FIDELITY 8,46,600 48.85 9.07 4.07
2 FIDELITY FUNDS-PACIFIC FUND FIDELITY 7,10,400 40.99 7.61 3.42
3 PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND PINEBRIDGE 14,70,400 84.84 15.75 7.07
4 ADITYA BIRLA SUN LIFE SMALL CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 3,45,875 19.96 3.70 1.66
5 ADITYA BIRLA SUN LIFE BANKING & FINANCIAL SERVICES FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 2,88,225 16.63 3.09 1.39
6 ADITYA BIRLA SUN LIFE MULTI-CAP FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 4,03,500 23.28 4.32 1.94
7 ADITYA BIRLA SUN LIFE SPECIAL OPPORTUNITIES FUND ADITYA BIRLA SUN LIFE MUTUAL FUND 1,72,950 9.98 1.85 0.83
8 MOTILAL OSWAL FLEXI CAP FUND MOTILAL OSWAL MUTUAL FUND 5,28,775 30.51 5.66 2.54
9 MOTILAL OSWAL BALANCED ADVANTAGE FUND MOTILAL OSWAL MUTUAL FUND 1,76,275 10.17 1.89 0.85
10 MOTILAL OSWAL LARGE & MIDCAP FUND MOTILAL OSWAL MUTUAL FUND 1,76,250 10.17 1.89 0.85
11 MOTILAL OSWAL EQUITY OPPORTUNITIES FUND-SERIES II MOTILAL OSWAL 1,73,300 10.00 1.86 0.83
12 HSBC GLOBAL INVESTMENT FUNDS-ASIA EX JAPAN EQUITY SMALLER COMPANIES HSBC 6,04,850 34.90 6.48 2.91
13 SBI LIFE INSURANCE CO.LTD. SBI LIFE INSURANCE 6,04,850 34.90 6.48 2.91
14 INVESCO INDIA MULTICAP FUND INVESCO MUTUAL FUND 2,83,750 16.37 3.04 1.36
15 INVESCO INDIA ESG INTEGRATION STRATEGY FUND INVESCO MUTUAL FUND 1,24,100 7.16 1.33 0.60
16 INVESCO INDIA SMALLCAP FUND INVESCO MUTUAL FUND 2,12,750 12.28 2.28 1.02
17 INVESCO INDIA FINANCIAL SERVICES FUND INVESCO MUTUAL FUND 70,900 4.09 0.76 0.34
18 TATA FLEXI CAP FUND TATA MUTUAL FUND 2,07,975 12.00 2.23 1.00
19 TATA RETIREMENT SAVINGS FUND-PROGRESSIVE PLAN TATA MUTUAL FUND 1,28,250 7.40 1.37 0.62
20 TATA LARGE CAP FUND TATA MUTUAL FUND 1,38,650 8.00 1.48 0.67
21 TATA BANKING & FINANCIAL SERVICES FUND TATA MUTUAL FUND 1,29,975 7.50 1.39 0.62
22 MATTHEWS ASIA FUNDS-ASIA SMALL COMPANIES FUND MATTHEWS 2,59,950 15.00 2.78 1.25
23 SHBNPP INDIA SECURITY MASTER-EQUITY SHBNPP INDIA 86,675 5.00 0.93 0.42
24 BNP PARIBAS FUNDS INDIA EQUITY BNP PARIBAS 1,73,275 10.00 1.86 0.83
25 BARODA BNP PARIBAS INDIA CONSUMPTION FUND BARODA BNP PARIBAS MUTUAL FUND 1,55,000 8.94 1.66 0.75
26 BARODA BNP PARIBAS MULTI CAP FUND BARODA BNP PARIBAS MUTUAL FUND 1,03,225 5.96 1.11 0.50
27 SEGANTII INDIA (MAURITIUS) SEGANTII INDIA 1,21,325 7.00 1.30 0.58
28 SOCIETE GENERALE SOCIETE GENERAL 1,21,325 7.00 1.30 0.58
29 SOCIETE GENERALE-ODI SOCIETE GENERAL 5,18,266 29.90 5.55 2.49
93,37,641538.7810044.89

IPO Subscription FAQs

The Fino Payments Bank IPO is subscribed 2.0276 times by Nov 02, 2021 17:00.

Fino Payments Bank IPO Subscription

Investor Category Subscription (times)
Qualified Institutional1.645
Non Institutional0.2131
Retail Individual5.9247
Employee Reservations0.929
Total Subscription2.0276

Retail category of Fino Payments Bank IPO subscribed 5.9247 times as of date Nov 02, 2021 17:00. The public issue closes on Tue, Nov 2, 2021 for bidding.

An investor can apply in Fino Payments Bank IPO online via bank (using ASBA) or the broker (using UPI). The Fino Payments Bank IPO shares are offered online only.

The Fino Payments Bank IPO is subscribed 2.0276 times by Nov 02, 2021 17:00.

The Fino Payments Bank IPO allotment status is expected on or around Tuesday, November 9, 2021. Visit Fino Payments Bank IPO allotment status to check.

The Fino Payments Bank IPO listing date is November 12, 2021. The equity share of Fino Payments Bank IPO will list on BSE, NSE.

Visit Fino Payments Bank IPO subscription status page for real-time bidding information about Fino Payments Bank IPO.

Fino Payments Bank IPO Timetable

IPO opens OnFriday, October 29, 2021
IPO Closes OnTuesday, November 2, 2021
Finalisation of Basis of AllotmentTuesday, November 9, 2021
Initiation of RefundsWednesday, November 10, 2021
Credit of Shares to Demat AccountThursday, November 11, 2021
IPO Listing DateFriday, November 12, 2021
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