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RNFISME / NSEListed

RNFI SERVICES LIMITED

RNFI Services Limited, founded in 2015, is a fintech company providing comprehensive B2B and B2B2C solutions across India, focusing on banking, digital, and Government-to-Citizen services. The company operates through business correspondent services, non-business correspondent services, full-fledged money changer services, and insurance broking, partnering with 11 financial institutions, including public and private banks, to promote financial inclusion. As of mid-2024, RNFI processes over 115 lakh monthly transactions, operates across 28 states and 5 Union Territories covering 17,964 pin codes, and has a workforce of 1,405 employees with 360,000+ network partners nationwide. Its key services include domestic money transfers, AEPS, Micro ATM, kiosk banking, doorstep e-KYC, utility and travel services, EMI and delinquent loan collections, and product and service sales, making it a significant enabler of tech-driven financial services in India.

₹98 - ₹105221.58x sub
Listed Price199.50
Listing Gain+90.00%
TimelineBookbuilding IPO
Open22 Jul 2024
Close24 Jul 2024
Allotment25 Jul 2024
Listing29 Jul 2024

Quota Reservation Portions

RetailPortion: 22,26,000 shares
33.01%
Nii (hni)Portion: 9,54,000 shares
14.15%
AnchorPortion: 19,08,000 shares
28.29%
QIBPortion: 12,72,000 shares
18.86%
Market MakerPortion: 3,84,000 shares
5.69%

Minimum Application Bracket Matrix

Retail1 lots / 1,200 shares
₹1,26,000
HNI2 lots / 2,400 shares
₹2,52,000

About the Company

RNFI Services Limited, founded in 2015, is a fintech company providing comprehensive B2B and B2B2C solutions across India, focusing on banking, digital, and Government-to-Citizen services. The company operates through business correspondent services, non-business correspondent services, full-fledged money changer services, and insurance broking, partnering with 11 financial institutions, including public and private banks, to promote financial inclusion. As of mid-2024, RNFI processes over 115 lakh monthly transactions, operates across 28 states and 5 Union Territories covering 17,964 pin codes, and has a workforce of 1,405 employees with 360,000+ network partners nationwide. Its key services include domestic money transfers, AEPS, Micro ATM, kiosk banking, doorstep e-KYC, utility and travel services, EMI and delinquent loan collections, and product and service sales, making it a significant enabler of tech-driven financial services in India.

Company Promoters

Ranveer KhyaliyaNitesh Kumar Sharma Deepankar Aggarwal Rajan KumarKrishna Kumar Daga Charanjeet Singh Simran Singh Private Trust.

Registrar

Skyline Financial Services Private Limited
RNFI SERVICES LIMITED IPO Details | GMP, Allotment & Financials | IPO Trending