Why Did Fino Paytech Ltd Unlisted Shares Fall 53% In The Pre-IPO Market?
![Stockify Fintech Pvt. Ltd](https://i0.wp.com/stockify.net.in/wp-content/uploads/2023/06/Why-did-Fino-Paytech-Ltd-unlisted-shares-fall-53-in-the-Pre-IPO-market.png?fit=600%2C600&ssl=1)
In November 2021, the stock price surged relatively high and traded in a range between Rs. 400 and 425 when the subsidiary Fino Payment Bank made a debut in the grey market. Fino Paytech, the parent of publicly listed Fino Payments Bank, was the most underperformer in the unlisted space market as its shares fell […]
How Aligned Are Fino Paytech Ltd. Offering To Meet Market Demands?
![](https://i0.wp.com/stockify.net.in/wp-content/uploads/2023/06/How-aligned-are-Fino-Paytech-Ltd-offering-to-meet-market-demands-1.png?fit=600%2C600&ssl=1)
In a recent report, Fino Paytech Limited’s subsidiary Fino Payments Bank, posted a 52.3% increase in its net profit in FY23. The company’s net profit after tax deduction was ₹ 65.08 crore, which was ₹ 42.74 crore in FY22. The Mumbai-based fintech company has offered high-margin fintech products like cash management services (CMS) and current […]