RNFI Services is a tech-enabled platform offering advanced financial technology solutions in the B2B and B2B2C financial technology sectors through an integrated business model via its online portal and mobile application. The company provides banking, digital, and Government-to-citizen (G2C) services across India. RNFI Services categorizes its business into four segments: (i) business correspondent services, (ii) non-business correspondent services, (iii) full-fledged money changer service, and (iv) insurance broking.
The company provides business and income-generating opportunities for shopkeepers and network partners by enabling them to offer banking, digital, and government services to end customers through its web and mobile application via an assisted model. RNFI Services has entered into arrangements with eight financial institutions, including national private and public sector banks and payment banks, where it acts as business correspondents providing financial inclusion services. As business correspondents, the company also offers doorstep services for KYC authentication of financial institutions’ customers for the usage of prepaid cards and Fastag services across India.
RNFI Services IPO Complete Details:
RNFI Services IPO Timetable:
Company Financial Details:
AS OF NOW, the GMP Of RNFI Services is Around 50 Rs.
Objects Of Issue:
1. Funding the company’s working capital requirements
2. Capital expenditure for purchasing Micro ATMs, laptops, and servers
3. Enhancing technology infrastructure to develop new capabilities
4. Pursuing inorganic growth through acquisitions and other strategic initiatives
5. General corporate purposes
Promoters:
- RANVEER KHYALIYA
- NITESH KUMAR SHARMA
- SIMRAN SINGH PRIVATE TRUST
FAQs:
When RNFI Services IPO is Opening?
RNFI Services IPO is Opening on 22 July 2024.
When is the RNFI Services IPO Closing?
RNFI Services IPO is Closing on 24 July 2024.
What is the Issue Size of the RNFI Services IPO?
The IPO Issue Size of RNFI Services is 70.81 Crore.
Price Band of RNFI Services IPO?
The price Band of the RNFI Services IPO is 98 to 105 rupees per share.
What is the minimum investment for RNFI Services IPO?
The minimum investment for the RNFI Services IPO is 126,000 rupees.
Allotment Date of RNFI Services IPO?
The Allotment of RNFI Services IPO is on 25 July 2024.
Listing Date of RNFI Services IPO?
The Listing Of RNFI Services is Scheduled on 29 July 2024.
One Should Apply for RNFI Services IPO or Not?
Will Update Soon..
How to apply for RNFI Services IPO through the Zerodha Application?
Open Zerodha Application ——–> At the Bottom Click on Orders ——–> Then at the Top Click on IPO ——–> Find RNFI Services IPO from the list ——–> Then Click Apply Button ——–> Select Investor Type(Individual) ——–> Enter Your UPI ID ——–> Select @ Extension ——–> Click on Cut-Off Price Box ——–> Enter Quantity ——–>Tick Check Box Of Terms and Conditions ——–> Drag Submit IPO Button On Right Side ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for RNFI Services IPO through the Upstox Old Application?
Open Upstox Application ——–> At the Bottom Click on Invest ——–> Then Click On “View ongoing IPO” ——–> Find RNFI Services IPO from the list ——–> Then Click Apply Button ——–> Enter Your UPI ID ——–> Select Investor Type ——–> Enter the Number of Lots to Purchase ( ENTER 1) ——–> Click on Cut-Off Price Box ——–>Tick Check Box Of Terms and Conditions ——–> Click on Continue ——–> Click on Confirm And Apply ——–> Accept IPO Mandate Received in Your UPI Application.
How to apply for RNFI Services IPO through Angel One Application?
Open Angel One Application ——–> At the Bottom Click on Home ——–> Click on IPO Button ——–> Find RNFI Services IPO from the list ——–> Click on RNFI Services IPO Name ——–> Click on Apply Now ——> Enter Lot (1) ——–> Select Investor Type ——–> Enter UPI ID ——–> Click on “Apply For IPO” —>Click On Proceed ——–> Accept IPO Mandate Received in Your UPI Application.
Who is the Lead Manager of RNFI Services?
Choice Capital Advisors Pvt Ltd is the Lead Manager of RNFI Services.
Where To Check the Allotment of RNFI Services IPO?
The allotment status for the RNFI Services IPO will be accessible on the Skyline Financial Services Private Ltd Website.
RNFI Services IPO is going to be listed at?
RNFI Services IPO is going to be listed at NSE SME.
What is the Lot Size of the RNFI Services IPO?
The lot size of the RNFI Services IPO is 1200 Shares.
What is the P/E Ratio of the RNFI Services?
The P/E Ratio of the RNFI Services is 19.19.
What is the EPS of the RNFI Services?
The EPS of the RNFI Services is 5.47.
What is the ROE of the RNFI Services?
The ROE of RNFI Services is N/A.
What is the ROCE of the RNFI Services?
The ROCE of RNFI Services is 29.74%.