The RNFI Services IPO has begun on 22-July-2024. It will close on 24-July-2024. The Total IPO Size is 70.81 Crores.
RNFI Services has set its IPO price is 98-105 Rs Per Share. They divided IPO into three general categories 1) QIB 2) Retail 3) NII.
RNFI Services are a tech enabled platform offering advanced financial technology solutions in B2B and B2B2C financial technology arena through an integrated business model via our online portal and mobile application, focusing on providing banking, digital and Government to Citizen (“G2C”) services on PAN India basis.
They have segregate their business primarily into four segments namely
(i) business correspondent services;
(ii) non -business correspondent services
(iii) full-fledged money changer service
(iv) insurance broking.
They process over 75 lakhs monthly transactions, and are present in over 28 States and 5 Union territories , 16,500 pin codes across the Country through our distribution network.
They have an employee strength of 1,154 employees on a standalone basis, playing a major role in catalysing growth.
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RNFI Services IPO Promotor Holding
Ranveer Khyaliya, Nitesh Kumar Sharma, Deepankar Aggarwal, Rajan Kumar, Krishna Kumar Daga, Charanjeet Singh and Simran Singh Private Trust are the promoters of the company.
RNFI Services IPO Date, Details & Price Band
| IPO Opening Dates | 22-July-2024 |
| IPO Closing Dates | 24-July-2024 |
| Price Band | 98-105 Rs |
| Fresh Issue | 70.81 Crore |
| Total IPO size | 70.81 Crore |
| Minimum bid (lot size) | 1200 Shares |
| Face Value | 10 INR Per Share |
| Listing On | NSE SME |
RNFI Services IPO Market Lot
The RNFI Services IPO minimum market lot is 1200 shares With 126,000 ₹ Amount per application.
| Lot | No of Shares | Amount | |
| Minimum | 1 | 1200 | 126,000 Rs |
| Maximum | 1 | 1200 | 126,000 Rs |
| S-HNI (Min) | 2 | 2,400 | 252,000 Rs |
Restated Financial Record of the three year (Amt. in Lakhs)
| Total Assets | Total Revenue | Profit After Tax | |
| 31-Mar-24 | 19,051.38 | 94,305.10 | 996.07 |
| 31-Mar-23 | 12,526.71 | 106,939.62 | 488.71 |
| 31-Mar-22 | 11,661.34 | 19,079.93 | 555.03 |
RNFI Services IPO GMP Grey Market Premium
RNFI Services IPO GMP Grey market premium has been started today. Check Latest RNFI Services IPO GMP Grey market premium, Kostak Rates and Subject to Sauda Price here.
RNFI Services IPO Prospectus
| DRHP | Download |
| RHP | Download |
RNFI Services IPO Reviews
IPOWala –
RNFI Services IPO Form Download
RNFI Services IPO is available on NSE Website as well as on our Portal. Please click here
RNFI Services IPO form Download.
RNFI Services IPO Allotment Date & Details
| Allotment Date | 25-July-2024 |
| Initiation of refunds | 26-July-2024 |
| Transfer of shares to Demat accounts | 26-July-2024 |
| Listing Date | 29-July-2024 |
| Check Allotment Status | Click here |
Registrar of RNFI Services IPO
Skyline Financial Services Private Limited
D-153 A, 1st Floor Okhla Industrial Area, Phase-I
New Delhi – 110 020, India
Telephone: +91 11 40450193-97
E-mail: [email protected]
Investor grievance email: [email protected]
Website: www.skylinerta.com
Contact Person: Anuj Rana
SEBI Registration No: INR000003241
RNFI Services Contact Details
RNFI Services Limited
UG-5, Relipay House, Plot No. 42
DLF Industrial Area Kirti Nagar,
West Delhi, New Delhi, -110015
Phone: +91-8448985100
Email: [email protected]
Website: https://www.rnfiservices.com/
RNFI Services IPO Lead Managers
Choice Capital Advisors Private Limited
Sunil Patodia Tower, Plot No.156-158
J.B. Nagar, Andheri (East),
Mumbai – 400 099, Maharashtra, India
Telephone: +91 22 6707 9999 / 7919
E-mail: [email protected]
Website: www.choiceindia.com/merchant-investment-banking
Investor Grievance E-mail: [email protected]
Contact Person: Nimisha Joshi / Shreya Poddar
SEBI Registration No.: INM000011872