A Oneindia Venture
Click it and Unblock the Notifications
RNFI Services Ltd. IPO
RNFI Services Ltd., established in 2015, operates in the Financial Technologies (Fintech) sector. The company's IPO opened on July 22, 2024 and closed on July 24, 2024, with an issue price of ₹105. ... Read more
IPO Timeline
-
22 Jul 2024Bidding Starts
-
24 Jul 2024Bidding Ends
-
25 Jul 2024Allotment Finalization
-
29 Jul 2024Listing
About RNFI Services Ltd.
We are a tech enabled platform offering advanced financial technology solutions in B2B and B2B2C financial technology arena through an integrated business model via our online portal and mobile application, focusing on providing banking, digital and Government to Citizen (“G2C”) ... Read more
RNFI Services Ltd. IPO Reservation
| Investors Category | Shares Offered |
|---|---|
| Anchor Investors | 19,08,000 (28.29%) |
| Market Makers | 3,84,000 (5.69%) |
| Non Institutional Investors | 9,54,000 (14.15%) |
| Qualified Institutional Buyers (QIBs) | 12,72,000 (18.86%) |
| Retail Individual Investors (RIIs) | 22,26,000 (33.01%) |
RNFI Services Ltd. Financial Information
| Year End | Revenue | PAT | Reserves & Surplus |
|---|---|---|---|
| 31 Mar 2024 | 153.63 Cr | 9.14 Cr | 11.09 Cr |
| 31 Mar 2023 | 147.75 Cr | 6.33 Cr | 19.40 Cr |
| 31 Mar 2022 | 154.30 Cr | 5.38 Cr | 13.07 Cr |
RNFI Services Ltd. Background
-
2015Incorporated as RNFI Services Private Limited
-
2017Our Company became business correspondent of a leading Private sector bank.
-
2018Our Company forayed into financial inclusion division by becoming a business correspondent of Public sector bank and Private sector Payment banks.
-
2019Our Company entered into tourism industry, emerging as principal agent of IRCTC for train bookings.
Our Company also became business correspondent for Fino Payments Bank.
-
2020Our Company established a Wholly-owned Subsidiary namely, RNFI Money Private Limited.
-
2021Our Company acquired a Subsidiary namely, Paysprint Private Limited.
Our Company became business correspondent for NSDL Payments Bank.
-
2022Our Company established a Wholly-owned Subsidiary namely, Reliassure Insurance Brokers Private Limited.
Our Company became business correspondent for prominent Public sector bank.
Our Company became a designated partner in Reliconnect LLP
Our Company associated with Ministry of Electronics & Information Technology for UMANG Project and Centre for Digital Financial Inclusion (CDFI).
Our Company became vendor of a wholly owned subsidiary of a leading Public sector bank for delinquent loans collections.
-
2023Our Company became business correspondent for prominent Public sector bank.
Our Company became business facilitator for a leading Private sector bank.
Our Company partnered with Maharashtra State Rural Livelihood Mission (MSRLM) for Woman Empowerment.
Conversion of our Company from a private limited company to a public limited company
-
2024Our Company became business correspondent of two Private sector banks. Also, associated with a Private sector bank for provision of doorstep banking services.
1. Funding the Working Capital requirements of our Company
2. Funding Capital expenditure requirements for the Purchase of Micro ATMs/laptops/Server
3. Strengthening our technology infrastructure to develop new capabilities
4. Achieving inorganic growth through unidentified acquisitions and other strategic initiatives
5. General corporate purposes
| Pricing Details | BSE | NSE |
|---|---|---|
| Issue Price | - | ₹ 105.00 |
| Open | - | ₹ 199.50 |
| Low | - | ₹ 189.55 |
| High | - | ₹ 199.95 |
| Last Trade | - | ₹ 189.55 |
1. Ranveer Khyaliya
2. Nitesh Kumar Sharma
3. Deepankar Aggarwal
4. Rajan Kumar
5. Krishna Kumar Daga
6. Charanjeet Singh
7. Simran Singh Private Trust
India stands as one of the world's swiftest expanding Fintech markets, showcasing remarkable growth. The market size of the Indian FinTech industry surged from $50 billion in 2021 to a projected ~$150 billion by 2025. The industry's Total Addressable Market is set to escalate to a staggering $1.3 ... Read more
Phone no:8448985100
FAQs
When does RNFI Services Ltd. IPO opens and closes?
What is the size of RNFI Services Ltd. IPO?
What is the price range of RNFI Services Ltd. IPO?
What is the minimum investment and lot size required for the RNFI Services Ltd. IPO?
When is RNFI Services Ltd. IPO listing date?
What is the objective of RNFI Services Ltd. IPO?
2. Funding Capital expenditure requirements for the Purchase of Micro ATMs/laptops/Server
3. Strengthening our technology infrastructure to develop new capabilities
4. Achieving inorganic growth through unidentified acquisitions and other strategic initiatives
5. General corporate purposes
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article
-
NSE IPO 2026: OFS Window Opens, April 27 Deadline Key for Shareholders; Check Eligibility, Lock-in Rules -
CMPDI IPO Lists at 7% Discount on NSE, BSE; Weak Demand Keeps Stock Under Pressure Despite Mild Recovery -
CMPDI IPO Allotment Today: Did You Get Shares? Check Status Now on KFin, NSE, BSE -
Powerica IPO Off to Slow Start: GMP Up 1.2%, But Subscription Stuck at 0.01x; Is It Worth Applying? -
CMPDI IPO Underwhelms: Day 2 Subscription At 10%, No Movement In GMP; What's Behind The Weak Demand? -
Upcoming IPOs Next Week: CMPDI, Sai Parenteral, Powerica, Vivid Electromech, More | Check Full List -
XED Executive Development IPO: GIFT City Sees First IPO; Price Band, Issue Size | All You Need to Know -
Skyways Air IPO vs CMPDI IPO: Full Comparison of Price Band, GMP, Lot Size, Listing & Allotment Date -
Coal India's CMPDI IPO GMP Shows 11% Listing Gain Potential; Everything You Need To Know -
Big Change in IPO Rules: Govt Updates Minimum Public Offer Norms for for IPO-bound Firms
-
Block for 8 hours
-
Block for 12 hours
-
Block for 24 hours
-
Don't block
Sign in with Google- Male
- Female
- Others
- Under 18
- 18 to 25
- 26 to 35
- 36 to 45
- 45 to 55
- 55+