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Fino PayTech Ltd Unlisted Shares
Fino PayTech Ltd Unlisted Shares
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Finance
*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.
Overview
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:
Solutions:
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.
- Customer Acquisition System: The company’s customer acquisition system is quick, simple, and allows to enroll customers directly at their doorstep while maintaining the core essence of banking.
- Hardware Solutions: This technology enables the clients to offer a rich variety of simple and accessible solutions with a whole range of products – including Cards, handheld devices, biometric smart cards, backend switches, and micro deposit machines.
- Operations Solutions: The operations solutions team manages data messaging to churn out the required information for day-to-day planning and management of operations. The principals may either utilize some of the pre-designed reports by the company or ask for customized reports.
Services:
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.
- Business Correspondents Services: The company is the largest business correspondent in India, having extensive reach in as many as 499 districts. The business correspondent model is a low-cost alternative banking channel for the bottom pyramid of the population with the use of technology.
- Consultancy Services: Fino Paytech Consultancy Services (FCS) has been created to bridge the gap between formal financial institutions and unbanked populations across the country, and to add value to emerging branchless and micro banking channels across the developing world.
- Financial Literacy: As an independent channel, the company focus on making customers aware of financial products through various financial literacy initiatives along with access to financial products and services. The company, in addition to providing banking to the customers, provides services to various Fino Paytech Ltd Shareholders and stakeholders as mentioned below:
- Banks: The company provides services to various banks like Financial literacy and agent training, Kisan credit card and overdraft facility, lending to customers, remittances on behalf of customers of banks, self-help groups and ultra-small The company also offers services of enrollment of customers on behalf of the bank, delivery of products and services at remotest regions, distribution and information systems, among others.
- Health: Micro Insurance like Rashtriya Swasthya Bhima Yojna.
- Government: The company helps the government in the execution of schemes like MGNREGA, PFRDA, and SSP.
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.
Board Members
| Name | Designation |
|---|---|
| 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 |
Consolidated Results
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 |
| Total Income | 1050.63 | 860.37 |
| Profit Before Tax | -51.84 | -49.77 |
| Profit After Tax | -53.15 | -50.40 |
| EPS | -4.56 | -3.94 |
| 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% |
| EBITDA | 22.00 | 56.12 |
| EBITDA Margin | 2.09% | 6.52% |
| Return on Equity % | -7.44% | -29.56% |
| Debt to Equity Ratio | 0.2152 | 1.4432 |
| Face Value (INR) | 10 | 10 |
Reports
Company Details
| Particulars | Details |
|---|---|
| Face Value (INR) | 10 |
| ISIN | INE511I01011 |
News
FAQs
The following is the process to sell Fino PayTech Ltd unlisted shares on TradeUnlisted platform:
- Fill up the form on https://tradeunlisted.com/sell by choosing the Unlisted Stocks you wish to sell and enter the quantity of the shares along with an expected pricing for the shares.
- The TradeUnlisted team will contact you to confirm the deal.
- Once we confirm our buying price of the shares, we will share a copy of our Client Master List (CML).
- You will then be required to transfer the shares to our demat account.
- Once the shares are reflected in our demat account, we will transfer the funds to your bank account within the stipulated time and the same will be intimated to you.
- Payment will be made via RTGS, NEFT, IMPS, cheque or UPI. Payment will be made to the same account which is linked to your demat account.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected]
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.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected]
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.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected]
All unlisted shares can be transferred only to Demat accounts. Unlisted shares can be checked in two ways:
1. Option 1
- Download the NSDL or CDSL mobile application from the Google Play or App Store.
- Enter your DP ID + Client ID (total of 16 characters)
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 case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected].
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.
For e.g.1234567800001234
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected].
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.
In case you have any queries, you may call us on +91 8958 212121 or write to us at [email protected].
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.
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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
The following is the process of buying Fino Payments Bank Limited unlisted share from the TradeUnlisted platform:
- Click on the ‘Invest now’ button on the Fino PayTech page. The Fino PayTech unlisted stocks will be added to your cart.
- In the cart section, you will be required to enter the quantity of Fino PayTech Ltd unlisted shares you want to purchase.
- Next step is to select the payment method you wish to use. We accept payments via debit card, net banking and UPI.
- Payment must be made from the same account to which shares are to be transferred. Third party transactions are strictly prohibited on the platform.
- The TradeUnlisted team will contact you and set up the whole process smoothly.
- The shares will then be credited in the demat account mentioned in the CML copy within the timeline mentioned in the Deal Contract Letter.
To learn more about the Fino Pay Tech unlisted share and Fino Pay Tech share price visit TradeUnlisted.
