Fino Payments Bank Makes A Tepid Debut! CFO Ketan Merchant Talks On Future Strategy HD

The shares of Fino Payments Bank made a tepid debut on Dalal Street on Friday. The stock got listed at Rs 544.35 apiece on NSE, a discount of 5.66% to the issue price of Rs 577. On the BSE, the shares started trading at a discount of 5.03% at Rs 548.00. The company had raised Rs 1,200 cr through its initial public offering (IPO) from October 29 to November 2 consisting of a fresh issue of shares worth Rs 300 cr. The issue witnessed a total subscription of 2.03 times. Ketan Merchant, CFO, Fino Payments Bank discussed the company’s future plans amid strong competition. Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com