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RNFI Services Limited
Issue Size (Net)
up to Rs.70.81 Cr
Price Band
Rs. 98 to Rs. 105
Issue Opens
July 22, 2024
Issue Closes
July 24, 2024

Company Highlights

1.Company Information


Incorporated in 2015, RNFI Services Limited is a financial technology firm that offers B2B and B2B2C solutions through its online portal and mobile application. It focuses on providing banking, digital, and Government-to-Citizen (G2C) services across India.

The company's business can be divided into four categories:-
1. Business correspondent services;
2. Non-business correspondent services;
3. Full-fledged money changer service; and
4. Insurance broking.
As of July 2024, the company has partnered with eleven financial institutions, including National private and public sector banks and payment banks. These institutions are engaged as business correspondents to provide financial inclusion services.

2. Objects of the Issue


1. Capital Expenditure for plant and machineries;
2. Repayment of Debt
3. General Corporate Purposes.

3. Skyline Financial Services Private Ltd

Phone: 02228511022

Email: ipo@skylinerta.com

Website: https://www.skylinerta.com/ipo.php

RNFI Services Limited Financial Information (Restated Consolidated)

Period Ended
Total Assets
Total Revenue
Profit After Tax
Net Worth
Reserves and Surplus
Total Borrowing
31-Mar-24
19051.38
94305.10
996.07
3159.9
1350.86
3638.87
31-Mar-23
12526.71
106939.62
488.71
2041.64
2043.47
2118.75
31-Mar-22
11661.34
19079.93
555.03
1330.24
1332.07
1264.05
Amount in Rs. Lakhs

SAR Televenture FPO Details

Issue Opening Date
July 22, 2024
Issue Closing Date
July 24, 2024
Face Value
Rs.10 per share
Price
Rs.98 to Rs.105 per share
Lot Size
1200 Shares
Issue Size
6,744,000 shares(aggregating up to Rs.70.81 Cr)
Fresh Issue
6,744,000 shares(aggregating up to Rs.70.81 Cr)
Issue Type
Book Built Issue IPO
Listing At
NSE SME

RNFI Services IPO Timeline (Tentative Schedule)

Event
Tentative Date
Opening Date
Monday, July 22, 2024
Closing Date
Wednesday, July 24, 2024
Basis of Allotment
Thursday, July 25, 2024
Initiation of Refunds
Friday, July 26, 2024
Credit of Shares to Demat
Friday, July 26, 2024
Listing Date
Monday, July 29, 2024
Cut-off time for UPI mandate confirmation
5 PM on July 24, 2024

Prospectus

Prospectus File

RR Investors Capital Services Pvt. Ltd AMFI-registered Mutual Fund Distributor

ARN-0032 Validity 14-Mar-2027

Head Office - 4th floor, Indraprakash Building 21, Barakhamba Road, New Delhi – 110001

callLandline Number
+91 11-4444-1111

Customer Care
+91 9350316010

Security
  • SSL
Follow Us

SEBI Registration No: NSE Cash: INB231219636 | SEBI Registration No: NSE Derivative: INF231219636 | SEBI Registration No: BSE Cash: INB011219632 | SEBI Registration No: MCX-SX: INE261219636 | SEBI Registration No: NSE Currency: INE231219636 | SEBI Registration No: USE: INE271219631 | SEBI Registration No: CDSL: IN-DP-CDSL-3242005 | NCDEX Membership No: 00635 | MCX Membership No: 28850 | NSEL Membership No: 10650 | RBI Registration No: NBFC: N-14.03215 | IRDA Registration Number : CB-066/03 | AMFI Registration No : ARN -0032| SEBI Registration No: Merchant Banker: INM000007508


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