RNFI Services Limited
₹1,26,000(1,200 Shares)
Minimum Investment
IPO Dates
Jul 22, 2024 – Jul 24, 2024
Price Band
₹98–105 per equity share
Lot Size
1200
Listing
Jul 29, 2024
Listing At
NSE SME
RNFI Services Limited Live Subscription Details
All IPOsAll Live IPOsOverall Subscription
Total Bids Received
221.56x
RNFI Services Limited IPO Issue Details
- Issue Price
- ₹98-105 Per Equity Share
- Face Value
- ₹10 Per Equity Share
- Fresh Share
- 67,44,000 shares(aggregating up to ₹70.81 crore)
- Listing At
- NSE SME
- Listing Date
- Jul 29, 2024
- Registrar
- Skyline Financial Services Private Ltd
Reservation Details
Shares Offered
9,54,000
Shares Offered
12,72,000
Shares Offered
19,08,000
Shares Offered
3,84,000
Company Information
An incorporation company, RNFI Services Limited, is a fintech firm founded in 2015 to deliver B2B and B2B2C solutions to users through an online portal and a mobile application. The primary target are...
Valuations
EPS (Pre-IPO)
5.47
EPS (Post-IPO)
3.99
P/E (Pre-IPO)
19.19
P/E (Post-IPO)
26.3
RoNW
40.92%
PAT Margin
1.06%
P/B Value
6.05
Objectives of the Issue
- 1Funding the working capital requirements of the Company
- 2Funding Capital expenditure requirements for the Purchase of Micro ATMs/laptops/Server
- 3Strengthening our technology infrastructure to develop new capabilities
- 4Achieving inorganic growth through unidentified acquisitions and other strategic initiatives
- 5General Corporate Purposes
RNFI Services Limited – Promoter(s)
Contact Details
Corporate Office
UG-5, Relipay House, Plot No. 42, DLF Industrial Area Kirti Nagar, West Delhi, New Delhi, -110015
RNFI Services Limited Allotment & Registrar Details
Check AllotmentSkyline Financial Services Private Ltd
RNFI Services Limited IPO Documents
Frequently Asked Questions — RNFI Services Limited IPO
The RNFI Services Limited IPO price band is set at ₹98.00 to ₹105.00 per equity share.
The lot size for RNFI Services Limited IPO is 1200 shares per lot. The minimum investment amount is approximately ₹1,26,000.
The RNFI Services Limited IPO opens on Jul 22, 2024 and closes on Jul 24, 2024.
RNFI Services Limited IPO is expected to be listed on Jul 29, 2024 on NSE SME.
The registrar for RNFI Services Limited IPO is Skyline Financial Services Private Ltd. You can contact them at ipo@skylinerta.com.
