Recently Viewed
Clear AllBidding Date
22-Jul-2024 to
24-Jul-2024
Issue Size
₹70.81 Cr
Price Band
₹98 to ₹105
Allotment date
25-Jul-2024
Listing date
30-Jul-2024
Lot size
1200
No. of shares
67,44,000
Fresh issue/OFS
₹70.81 Cr /--
RNFI Services Ltd, founded in 2015, is a tech-enabled platform offering financial technology solutions in the B2B and B2B2C sectors. They provide a range of banking, digital, and Government to Citizen (G2C) services across India via their online portal and mobile application. The company's integrated business model encompasses four primary segments- Business Correspondent Services , Non-Business Correspondent Services, Full-Fledged Money Changer Service and Insurance Broking. As of March 31, 2024, they have processed over 115 lakh monthly transactions and have a presence in 28 states and 5 union territories across 17,964 pin codes, supported by a team of 1,405 employees.
Category
Status
QIBs
--
NIIs
--
Retail
--
Others
--
Total
203.9x
The issue size of RNFI Services is ₹70.81 Cr.
RNFI Services falls into Software & IT Services industry.
The RNFI Services IPO will be listed on BSE.
The open and close dates for the RNFI Services are 22-Jul-2024 & 24-Jul-2024.
The price band for the RNFI Services ipo is ₹98 to ₹105
The listing date of RNFI Services IPO is 30-Jul-2024.
The purpose of this IPO is to raise fresh capital.
RNFI Services total subscription ratio is 203.9X.
Key financial of the RNFI Services are:
| RNFI Services | FY-24 | FY-23 | FY-22 |
|---|---|---|---|
| Revenue (₹ Cr) | 935.58 | 1066.59 | 188.25 |
| EBIT (₹ Cr) | 9.35 | 6.76 | 6.9 |
| Proft after Tax (₹ Cr) | 9.88 | 4.89 | 5.55 |
| Debt (₹ Cr) | 30.27 | 18.71 | 10.88 |
| Net Worth (₹ Cr) | 32.02 | 21.41 | 13.69 |
| RoE (%) | 30.84 | 22.83 | 40.53 |