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IPO Snapshot    
RNFI Services Ltd.
Issue Open Date 22-Jul-24  
Issue Closing Date 24-Jul-24  
Application Money 100  
Allotment Money  
Price Band 98 - 105  
Minimium Application No. 1200  
Issue Size (Shares) 6744000  
Market Lot 1.00  
Objective
1. Funding the working capital requirements of the Company2. Funding Capital expenditure requirements for the Purchase of Micro ATMs/laptops/Server3. Strengthening our technology infrastructure to develop new capabilities4. Achieving inorganic growth through unidentified acquisitions and other strategic initiatives5. General Corporate Purposes
Category No. of Shares No. of Shares Subscription Ratio
  Offered / Reserved Bid For  
Non-Institutional Investors     492212400   NA  
Qualified Institutional Buyers     178922400   NA  
Retail Individual Investors     356787600   NA  
Business Description
We 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
more...
Promoter's Holding
Total Share Capital   16303020  
Offered to Public   6744000  
Promoter's Holding (Pre-Issue)   89.53  
Promoter's Holding (Post-Issue)   65.34  
Address
U G-5
Relipay House
Plot No. 42 D L F Industrial Area
Kirti Nagar
New Delhi ,
Delhi ,
110015
Phone: 8448985100
Email:
Website: www.rnfiservices.com
Registrar
Skyline Financial Services Pvt Ltd
D-153/A
1st Floor
Okhla Industrial Area
Phase - I
New Delhi
Listed at
NSE
Lead Manager
Choice Capital Advisors Pvt Ltd
Promoters
Nitesh Kumar Sharma
Ranveer Khyaliya
Simran Singh Pvt Trust
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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
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