RNFI Services IPO Review: Should You Invest? Quick Analysis!
RNFI Services IPO opens for subscription on July 22, 2024 and closes on July 24, 2024. Is it a wise decision to invest in RNFI Services IPO? In this RNFI Services IPO Review video we will answer this question for you by providing you top reasons. This RNFI Services IPO analysis video covers points like company's financials, valuation, market reach and more! Subscribe to Planify for more SME IPO review videos like this!
About RNFI Services Limited:
RNFI Services Limited, formerly known as RNFI Services Private Limited, is a financial technology company based in Delhi, India. Founded in 2015, they focus on providing B2B and B2C solutions for banking, digital transactions, and Government-to-Citizen services across India. Their services include working as business correspondents for various banks, offering money changing services, and even insurance broking. RNFI Services Limited aims to make digital payments convenient and accessible throughout India.
Additional RNFI Services IPO Details:
RNFI Services IPO price band is set at ₹98 to ₹105 per share. The minimum lot size for an application is 1200 Shares. The minimum amount of investment required by retail investors is ₹126,000. The minimum lot size investment for HNI is 2 lots (2,400 shares) amounting to ₹252,000.
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