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IPOs to lit up stock market this Diwali
Five issues eye to raise about Rs 31,000 crore.
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Should you subscribe to Fino Payments Bank IPO?
On the upper end of the price band, the issue is valued at a P/B (Price to book value) of 31.89x based on FY21 book value
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NBFC raising Rs 2 lakh crore for onward lending to HNIs amid IPO rush
Nykaa offer alone may see bids worth anything between Rs 80,000 -Rs 90,000 crore in the HNI category, says a report
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Fino Payments Bank IPO: Here’s all you need to know
Fino Payments Bank IPO: The price band for the payments bank has been fixed at Rs 560-577 a share having a face value of Rs 10 a share.
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Fino Payments Bank files Rs 1,300 crore IPO papers with Sebi
The IPO includes a fresh issue of equity shares worth Rs 300 crore and an offer-for-sale of 15,602,999 equity shares by promoter Fino Paytech
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What are the rates of interest offered by payment banks?
Payment banks are offering interest rates as high as 7.5%. Also, most of the payment banks have the facility of zero balance account.
