Why Did Fino Paytech Ltd Unlisted Shares Fall 53% In The Pre-IPO Market?
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?
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 […]