*The above chart is presented for indicative purposes only and may not be accurate. The figures represented above are taken on an average basis, and may or may not match with the prevailing situation. Users are requested to not completely rely on the above chart and to consult an independent financial adviser and to take their investment decisions.
Fino is a professionally managed company and is the parent company of Fino payments bank, which was launched with a vision to catalyse nation-building by making every citizen financially secure. The company also aims to become the preferred bank for customers by providing the simplest & the most accessible financial services, to grow their wealth.
Products of the Company:
The company has developed applications to effectively acquire micro customers and allow entities using their platform to acquire micro customers using simple processes and minimal hardware.
The company offers services to beneficiaries on behalf of the customers, in some of the most remote regions of the country. The model has the capability to cater to a diverse set of customers like banks, other financial institutions, and the government. The wide client base has helped to the company to increase its share in the market and has also helped to increase share value.
The banking business of the company functions with the support of its wholly-owned subsidiary Fino Payments bank, while the lending business is through NBFC Fino Finance Pvt Ltd.
|Mr. Ashok Kini||Non-Executive Chairman, Independent Director|
|Dr. Anjana Grewal||Independent Director|
|Dr. Punita Kumar Sinha||Independent Director|
|Mr. Rishi Gupta||MD & CEO|
|Dr. Anjana Grewal||Independent Director|
|Mr. Amit Jain||Nominee Director|
|Mr. Pramod Sharma||Nominee Director|
|Mr. Alok Gupta||Nominee Director|
|S. Rajaraman||Whole-time Director|
|Mr. Rajeev Arora||Additional Director in the capacity of Whole-time Director|
Financial Highlights of last 2 years
(All figures INR in Cr except specifically mentioned)
|Particulars (All values in Cr)||FY22||FY21|
|Revenue from operations||1000.82||834.51|
|Profit Before Tax||-51.84||-49.77|
|Profit After Tax||-53.15||-50.40|
|Equity Share Capital||109.17||99.38|
|Net Profit Margin %||-5.06%||-5.86%|
|Gross Profit Margin %||83.31%||83.67%|
|EBIT Margin %||-2.07%||-1.18%|
|Return on Equity %||-7.44%||-29.56%|
|Debt to Equity Ratio||0.2152||1.4432|
|Face Value (INR)||10||10|
|Face Value (INR)||10|
The following is the process of buying Fino PayTech Ltd unlisted shares from the TradeUnlisted platform:
The following is the process to sell Fino PayTech Ltd unlisted shares on TradeUnlisted platform:
There is no restriction on transfer of unlisted shares until the IPO cut-off date which is generally a week before listing. However, after listing SEBI norms are applicable to these shares. As per SEBI regulations, all unlisted shares go in a lock-in period of 6 months from the date of listing of shares.
If you sell the Fino PayTech Ltd unlisted shares within 2 years of its acquisition, then you will be required to pay tax on the short-term capital gain (STCG) as per the individual tax slab rate. Selling the shares after 2 years will attract a long-term capital gain (LTCG) which will be taxed at the rate of 20% with indexation benefit or 10% without indexation benefit.
Investors should consult with an independent third-party taxation advisor prior to making investment decisions.
All unlisted shares can be transferred only to Demat accounts. Unlisted shares can be checked in two ways:
1. Option 1
2. Option 2
You may also check the credit of your shares, by logging in to your Demat account and checking under DP Holdings in your respective DP.
In the case of CDSL, the first 8 digits of your Demat Account Number are depository participant ID and the last 8 digits are your customer ID with the depository participant. The same goes for NSDL where ‘IN’, the 6 digits are depository participant ID and the rest of the numbers reflect your customer ID with a depository participant.
National Securities Depository Limited (NSDL): The Demat account number of NSDL starts with alphabets ‘IN’ followed by 14 numeric digits.
For e.g. IN30000012345678.
Central Depository Service Limited (CDSL) : The entire DEMAT account number of CDSL is numeric.
The Fino PayTech Ltd unlisted shares are credited in your Demat account within a maximum of two (working) days after the funds are received in our bank account. However, please note that at times there may be a slight delay in the credit of shares due to certain reasons like Bank Holidays.
Investments on TradeUnlisted start from as low as INR 5,000. Please call us on +91 8958 212121 to find the company specific details pertaining to the lot size and minimum investment amount.
The financials are available in the Research Report, DRHP, and Annual Reports of Fino PayTech Ltd Unlisted Shares, which may be found under the Reports section of the company's specific page. You can download all the reports after logging in