What is the Fino Payments Bank price band and lot size?

Fino Payments Bank is priced at ₹560 – ₹577 per share with a lot size of 25 shares, so the minimum application is ₹14,425.

How have IPOs like Fino Payments Bank performed?

Of the 60 mainboard issues that listed in 2021 and that MarketPing can price, the median return since issue price is +43.9% and 41.7% trade below their issue price. This is a base rate for the cohort, not a forecast for this issue.

ListedMainboardFINO

Fino Payments Bank

Fino Payments Bank is a mainboard IPO raising ₹1,200 Cr at ₹560 – ₹577 a share. It listed on 12 Nov 2021 and trades at ₹140 today, −75.7% against its issue price of ₹577. The exchanges never published a subscription figure for it.

Get alerts on this company Company page Prospectus ↗

₹577

Issue price

₹140

Price now

−75.7%

Since issue price

12 Nov 2021

Listed on

Not publishedSubscription

The exchanges never published a subscription figure for this issue.

populated partly populated we hold nothing here — the tab says why

How its cohort has done

60 mainboard issues listed in 2021 that we can price today. This is the group this issue belongs to.

+43.9%

Median return since issue price

41.7%

Now trading below their issue price

Neither figure is a forecast for this issue — they describe what happened to comparable issues. Full cohort analytics →

How the book finished

The category split is the number worth reading, not the total.

QIB—

Non-institutional—

Retail—

See the full split, sub-category by sub-category →

What we hold for this issue

Stated up front on every issue, so a sparse page reads as a fact about the source rather than a broken one.

Category split — who bidQIB, non-institutional and retail, with sub-splits

How demand built over timeNo subscription figure was published

Price-point demand curveLive only — NSE stops serving this once bidding closes

Lead managers and registrar5 banks

Official documents5 documents

Listing-day priceNot published for this issue — the exchanges only began carrying it during 2024

Performance since listingComputed from our own daily closes

Led by Axis Capital Limited — median +35.0% across the 112 of its issues we can price. All lead managers →

What happens when

29 OctBidding opens

2 NovBidding closes

9 NovAllotment

10 NovRefunds

12 NovListing

Track FINO PAYMENTS BANK LTD

Results, orders, board decisions and every other filing — summarised and sent to your WhatsApp the minute they are out.

Open the company page

Figures are as published by the exchanges and the issuer’s prospectus. MarketPing publishes facts, comparisons and history only — nothing here is a recommendation to apply to this issue, and we do not publish grey market premium.