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Hot Pursuit
24-Nov-22
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Fino Payments Bank spurts after Capri Global Holdings buys stake
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Fino Payments Bank rose 15.97% to Rs 267.55 after investor Capri Global Holdings bought 1.59% stake in the company via bulk deal on Wednesday, 23 November 2022.
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As per the bulk deal data on the NSE, Capri Global Holdings bought 13,19,853 shares, or 1.59% equity, in Fino Payments Bank at an average price of Rs 228.77 per share.
Mumbai-based Fino Payments Bank, a subsidiary of Fino Paytech, operates on an asset light business model that principally relies on fee and commission based income generated from merchant network and strategic commercial relationships.
The bank's revenue rose 25% YoY to Rs 303 crore in Q2FY23. EBITDA and PAT grew by 71% and 75% YoY to Rs 30.5 crore and Rs 13.8 crore, respectively. EBITDA margins widened to 10.1% in Q2FY23 from 7.4% in Q2FY22.
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Previous News |
Board of Fino Payments Bank appoints Part-time Chairman
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Corporate News
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12-Aug-23
10:48
)
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Fino Payments Bank to announce Quarterly Result
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Corporate News
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25-Apr-23
10:59
)
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Fino Payments Bank IPO subscribed 87%
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IPO Centre
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IPO News
01-Nov-21
17:15
)
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Fino Payments Bank IPO ends with decent subscription
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IPO Centre
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IPO News
03-Nov-21
10:37
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Fino Payments Bank director resigns
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Corporate News
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05-Nov-22
10:48
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Fino Payments Bank Limited: Rating upgraded to [ICRA]BBB (Stable), [ICRA]A2 assigned
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Press Releases
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01-Oct-21
16:25
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Fino Payments Bank standalone net profit rises 132.76% in the March 2022 quarter
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Results
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Announcements
17-May-22
08:14
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Board of Fino Payments Bank approves proposal for transition into small finance bank
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Corporate News
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28-Jul-23
17:27
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Fino Payments Bank AGM scheduled
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Corporate News
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01-Aug-22
16:39
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Fino Payments Bank announces resignation of nominee director
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Corporate News
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03-Mar-23
09:48
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Fino Payments Bank receives RBI approval for cross-border money transfer under MTSS
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Corporate News
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03-Jan-22
14:03
)
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