FINO Payments Bank Limited
Start Date29-10-2021
Application Timing10am-5pm
Price Range₹560 - ₹577
Min Qty25
Min. Investment₹14000
Listing Date29-10-2021
Close Date02-11-2021

About FINO Payments Bank Limited

Incorporated in 2017, Fino Payments is a growing fintech company offering a wide portfolio of digital financial products and services in India. The company has a pan-India distribution network and its' major products and services includes:
• Current

Why To Invest in FINO Payments Bank Limited

The company is a novel technology company in the financial sector. It has established its play and enjoys a niche place. Perhaps due to such status, it is trying its maiden float with fancy pricing which is exorbitant on all counts.  

Strengths And Risks
Competitive Strengths: Unique DTP (Distribution, Technology, Partnership) network helps in better customer servicing Focus on technology development and in-house technological expertise Customer centric and innovative business model Highly experienced management team Vision of socially inclusiveness and empowermen
Risk: For the last three fiscals, it has posted an average negative earnings and hence it has a negative P/E. Thus

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