RNFI Services IPO

Listed Listed stocks

RNFI Services IPO Details

  • Bidding 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 /--

About RNFI Services Company

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.

Subscription Status

  • Category

    Status

  • QIBs

    --

  • NIIs

    --

  • Retail

    --

  • Others

    --

  • Total

    203.9x

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FAQs for RNFI Services IPO.

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