IPO

Fino Payments Bank Ltd

Registered Office : Mindspace Juinagar Plot No Gen,2/1/F Tower 1 8thFlr TTC IndlA,Navi Mumbai Maharashtra 400706 Phone : 91-22-7104 7000
Fax :

Email : basavraj.loni@finobank.com

Website : www.finobank.com

Initial public offer of 2,08,02,305* equity shares of face value of Rs. 10 each ("Equity Shares") of Fino Payments Bank Limited (The "Bank") for cash at a price of Rs. 577 per equity share (including a share premium of Rs. 567 per equity share) aggregating to Rs. 1200.29* crores (The "Offer") comprising a fresh issue of 51,99,306* equity shares aggregating to Rs. 300.00* crores (The "Fresh Issue") and an offer for sale of 15,602,999* equity shares by Fino Paytech Limited ("Promoter Selling Shareholder", and such equity shares the "Offered Shares") aggregating to Rs. 900.29* crores (The "Offer for Sale"). The offer included a reservation of 51,993* equity shares, aggregating to Rs. 3.00* crores (constituting 5% of the post-offer paid-up equity share capital), for subscription by eligible employees (the "Employee Reservation Portion"). The employee reservation portion shall not exceed 5%of th postoffer paid-up equity share capital. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer constituted 25.00% and 24.94%, respectively, of the post-offer paid-up equity share capital of the bank. The face value of equity shares is Rs. 10 each. The offer price is Rs. 577 per equity share and is 57.7 times the face value of the equity shares, the anchor investor offer price is Rs. 577 per equity share. *Subject to finalisation of the basis of allotment