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Fino Paytech Limited Unlisted Shares

Fino Paytech Limited Unlisted Shares Description

Fino Paytech Limited Unlisted Shares Overview

Fino Paytech was founded in July 2006 and has its headquarters in Mumbai. The company’s vision is to fulfill every financial need of its customers. They specialize in business and banking technology platforms combined with extensive service delivery channels. The company has over 78 million customers which makes it the largest smart card issuer through the branchless model.

Unlisted Shares Details- FY 2020

Company Name Fino Paytech Limited
Unlisted Shares Price See deals below
Face Value of Shares Rs 10/equity share
ISIN INE511I01011
Lot Size 100-500 Shares

Solutions and Services

Fino Paytech has developed solutions and services to serve its customers.

It offers services to beneficiaries in some of the most remote regions of the country on behalf of its customers. Fino Paytech’s services cater to the government, banks, and other financial institutions.

These services include

Business Correspondent Services

This service helps banks to include the financially underprivileged and undeserved class of the society. It has a reach in approximately 499 districts. The service offers the rural masses an opportunity to enable financial services like savings and deposits, insurance, and remittance through the pan India network.

Consultancy Services

This service was created to help get the unbanked population of the world into the formal financial system. Value-add to emerging branchlessness and micro banking was also the objective. Fino Paytech provides consulting services in the areas of technology, architecture, implementation, product design, strategy & Planning, regulation, and policy framework to national governments, commercial and co-operative banks, central banks, microfinance institutions, and insurance companies.

Financial Literacy

The Financial Literacy program was launched to impart financial education to the unbanked and underserved masses of the country. It has FLPs in over 12 states and has helped over 5 lac unbanked masses. FINO has executed FLPs for big names like the World Bank, IFC, Microfinance Opportunities, ICICI Bank, UNDP-NABARD, and NABARD.

The company has also developed solutions to manage the varied field aspects of operations.

Customer Enrollment Solution

Fino Paytech has developed applications that can be used to effectively acquire micro customers. This can be achieved using simple processes and minimal hardware (including mobiles) to address the infrastructural challenges on the ground. Fino Paytech’s services also assist Indian entities to leverage this technology towards the rapid acquisition of micro customers.

Hardware Solutions

The company provides a full suite of bio-metric products for enrollment, storage, and verification, while also maintaining all back end system elements

Operations Solutions: They manage data messaging to churn out the required information for day-to-day planning and management of operations

Management

Fino Paytech has 6 members in its Board of Directors

Sr No. Name Designation
1 Mr. Alok Kini Non-Executive Chairman, Independent Director
2 Mr. Sudeep Gupta Full-Time Director
3 Dr. Anjana Grewal Independent Director
4 Mr. Amit Jain Nominee Director of Blackstone
5 Mr. Alok Gupta Nominee Director of HAV 3 Holdings (Mauritius) Ltd
6 Mr. Ramakrishnan Gupta Nominee Director of BPCL

Shareholding Pattern as of 31.03.2020

Sr.no Name of the Shareholder No. of Shares % of Holding
1 Life Insurance Corporation of India 22,50,000 2.29%
2 Indian Bank 22,50,000 2.29%
3 Union Bank 22,50,000 2.29%
4 Corporation Bank 22,50,000 2.29%
5 Exide Life Insurance Company Limited 28,32,213 2.83%
6 Intel Capital Corporation 44,33,449 4.50%
7 ICICI Lombard General Insurance Company Limited 52,89,194 5.37%
8 ICICI Bank Limited 57,50,000 5.84%
9 International Finance Corporation 65,69,567 6.68%
10 HAV 3 Holdings (Mauritius) Limited 74,56,993 7.58%
11 Blackstone GPV Capital Partners (Mauritius) 75,12,207 7.63%
12 ICICI Prudential Life Insurance Company Limited 1,13,28,854 11.51%
13 Bharat Petroleum Corporation Limited 2,84,35,423 28.89%

Funds Raised by Fino Paytech

Round Funding Date Amount (in $) Investor
1 Jul-16 37.4M Bharat Petroleum
2 Jan-17 14.7M ICICI Prudential
Total 52.1M

Investors of Fino Paytech Ltd

Fino Paytech Limited Investors

Financial Highlights

  • The total revenue from the operation of Fino Payments Bank Limited during the year is Rs. 69139.73 lakhs and Net Loss is Rs. 3203.62 lakhs.
  • The total revenue from the operation of Fino Finance Private Limited during the year is Rs. 10,157.43 lakhs and Net Profit is Rs. 464.24 lakhs.
  • The total revenue from the operation of Fino Financial Services Private Limited during the year is Rs. NIL lakhs and Net Loss is Rs. 0.521 lakhs.
  • The issued and paid-up share capital of the Company had increased from Rs. 122,61,75,760 to Rs. 122,73,88,260

Profit & Loss Key Highlights- FY 2020

Particulars(Cr) 2018 2019 2020
Total Revenue 376 547 852
Revenue Growth % 12% 45% 56%
Profit/Loss Before Tax (PBT) -176 -53 -19
Profit/Loss After Tax (PAT) -167 -73 -20
Earnings per share (EPS) -16.8 -7.29 -2.03

Balance Sheet Key Highlights- FY 2020

Particulars (in Crs) FY2018 FY2019 FY2020
Total assets 703.25 1,267.57 1,062.16
Total Liabilities 73.44 1,028.20 844.31
Equity Capital 587.10 576.01 587.16
Net Worth 629.81 239.37 217.85
Face Value (In Rs.) 10 10 10
Dividend 0% 0% 0%
Debt 330 328 240
EBIT -176.00 -53.00 -19.00
Debt/Equity 0.56 0.56 0.40

Valuation- FY 2020

FY2018 FY2019 FY2020
Outstanding shares 9,86,55,470 12,23,64,625 12,24,85,875
Current Unlisted Price 120 120 120
EPS -16.8 -7.29 -2.03
Market Cap 11,83,86,56,400 14,68,37,55,000 14,69,83,05,000
Price to Earnings (P/E Ratio) -7.14 -16.46 -59.11
Price to Book (P/B Ratio) 2.67 2.67 2.61

Return Ratios

FY2018 FY2019 FY2020
ROE -29.98% -9.20% -3.24%
ROCE -30.32% -4.54% -1.96%

Fino Paytech Limited Share Price: Attractive

The current Fino Paytech Limited share price is Attractive in the unlisted shares market. Fino Paytech Limited shares were earlier available at a lower price but the price has gone up steadily due to the demand for Fino Paytech Limited Pre IPO shares as the company’s future prospects have improved. Fino Paytech Limited shares are traded in the unlisted shares market by various buyers and sellers. One can also check the current Fino Paytech Limited Share price from the deals listed below. Many people are interested in Fino Paytech Limited unlisted share price but one must first understand the business model of Fino Paytech Limited before buying its unlisted shares.

Fino Paytech Limited IPO

Although the company has not yet announced the dates formally but Fino Paytech Limited IPO may come out soon. Going by the demand for Fino Paytech Limited shares, it is expected that the Fino Paytech Limited IPO shall also get good response in the primary market.

Fino Paytech Limited Share Price FAQs

Can I invest in Fino Paytech Limited?

Yes, you can invest in Fino Paytech Limited shares. Although the company is unlisted right now, but you can buy its shares from existing shareholders who may be investors or employees holding ESOPs. Please check the deals offered by various sellers on Prastaav.

How can I buy unlisted shares of Fino Paytech Limited?

Check out the various deals listed below and contact them. You can also negotiate the price of Fino Paytech Limited shares and close the deal directly, without incurring any cost. You can also contact us for bulk deals.

Can I sell Fino Paytech Limited Pre IPO shares

Yes, you can sell the unlisted shares of Fino Paytech Limited Pre IPO, i.e. you can sell Fino Paytech Limited unlisted shares to any other buyer, before the IPO comes out. Please send us the details and we shall be happy to help you sell unlisted shares

Is Fino Paytech Limited listed on stock market?

No, Fino Paytech Limited shares are not yet listed on the stock markets as it is yet to come out with an IPO. As of now, only Fino Paytech Limited Pre IPO shares are being traded. After IPO, it may get listed on various stock exchanges such as NSE and / or BSE.

Are shares of Fino Paytech Limited Publicly traded?

As mentioned above, Fino Paytech Limited is not listed; therefore its shares are not publicly traded. However, unlisted shares of Fino Paytech Limited can be bought and sold on Prastaav

Will Fino Paytech Limited go public?

Fino Paytech Limited has not yet announced IPO plans but Fino Paytech Limited may want to unlock the value of its businesses by offering its shares to the public through an IPO soon.

What is the current Fino Paytech Limited Share Price?

Fino Paytech Limited Share Price today is Attractive. Fino Paytech Limited share price is decided by the demand and supply of its shares in the unlisted market.

What is Fino Paytech Limited IPO price?

The company has not yet officially declared the IPO price.

What is Fino Paytech Limited IPO date?

Fino Paytech Limited has not yet officially announced the IPO date, but it may come out in near future.

Fino Paytech Limited Latest News

Fino Payments Bank Moves Closer To Initial Public Offering

 

Fino Paytech Limited Annual Report

Fino Paytech Limited Annual Report

Fino Paytech Limited Registered Office Address (HQ)

SK Elite, 5th Floor,

Plot No D- 404 and D- 405,

TTC Industrial Area, MIDC Turbhe,

Navi Mumbai- 400705

Fino Paytech Limited Customer Care Phone Number

(+91) 022- 7137 7000

Fino Paytech Limited Customer Service Email

[email protected]

Disclaimer: The above information is only for educational purposes and should not be taken as a recommendation to buy or sell.

While reasonable endeavors have been made to present reliable data so far as it relates to current and historical information, but we do not guarantee the accuracy or completeness of the said data or information. Please consult your financial advisor before buying or selling any unlisted shares.

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