Fino Pay Tech Limited was established on July 13, 2006, headquartered in Mumbai, and has offices throughout India. Fino Pay Tech Limited is a business and banking technology platform with a complete service channel that can meet the financial service needs of all customers. Fino Pay Tech Limited is an investor-institutional company owned by international and Indian investors. The company has grown into a thought leader for organizations such as banks, microfinance organizations, insurance companies, and government agencies, as well as an innovator and developer of technology solutions. As an alternative banking channel, Fino Pay Tech Limited provides comprehensive procurement and customer services.
Fino Pay Tech Limited uses its rich hands-on experience to develop appropriate advanced management solutions for all aspects of this field to reach operational efficiency even higher. The solutions include Customer Enrolment Solutions, Hardware Solutions, and Operations Solutions.
The company provides services to beneficiaries on behalf of customers in certain remote areas of the country. Its model allows them to provide services to a wide range of clients such as Business Correspondents Services, Consultancy Services, Financial Literacy, etc.
Fino Pay Tech Limited, through its business correspondent model, offers technology solutions to improve the operational efficiency of social benefit schemes like Mahatma Gandhi National Rural Employment Guarantee Scheme – MGNREGs and Social Security Pensions – SSP.
Leveraging its experience in the micro-finance sector and applying it in the micro-insurance sphere, Fino Pay Tech Limited has created a model that is efficient, scalable, sustainable, cost-effective, interoperable, and profitable.
A Terminal Management System manages issuance, blocking, and application updating of POS devices; and a Card Management System manages issuance, hot listing, and re-issuance of cards.
All these systems are an outcome of Fino Pay Tech Limited’s extensive field experience gained over the past years by serving in tough and remote locations. These systems provide services that are extremely relevant to entities operating in this sector.
Fino PayTech Outstanding Shares: |
13,30,77,682 |
Face Value of Fino PayTech Unlisted Share: |
Rs. 10 Per Equity Share |
ISIN of Fino PayTech Unlisted Share: |
INE511I01011 |
Lot Size of Fino PayTech Unlisted Share: |
100 Shares |
Fino PayTech Share Price: |
Best in Industry |
PAN Number of Fino PayTech: |
AAACF9869M |
Fino PayTech Limited CIN Number |
U72900MH2006PLC162656 |
Fino PayTech Limited Registration Date |
15-Jun-06 |
Category / Sub-Category of Fino PayTech |
Company limited by Shares |
Fino PayTech Limited Registered Office Address |
Shree Sawan Knowledge Park, 2nd Floor, D - 507, TTC Industrial Area, MIDC Turbhe, Navi Mumbai - 400705 |
Fino PayTech Limited Registrar & Transfer Agent Address and Contact Details |
Adroit Corporate Services Private Limited 19, Jaferbhoy Industrial Estate 1st Floor, Makawana Road Marol Naka, Mumbai - 400059 |
|
Name and Description of main products/services |
NIC Code of the Product/ service |
% to the total turnover of the company |
|
Activities auxiliary to Financial service activities |
66190 |
76.76 |
Mr. Ashok Kini (Non-Executive Chairman, Independent Director)
Dr. Apurva Joshi (Independent Director)
Mr. Rajeev Deoras (Independent Director)
Mr. Amit Jain (Whole time Director)
Mr. Ramakrishna Gupta (Nominee Director)
Mr. Manoj Heda (Nominee Director)
Mr. Sudeep Gupta (Whole-time Director)
|
Name of the Company |
Subsidiary/Associate |
% of shares held |
|
FINO Finance Private Limited (Formerly known as Intrepid Finance & Leasing Private Limited) |
Wholly owned Subsidiary |
100 |
|
FINO Trusteeship Services Limited |
Associate Company |
49 |
|
Fino Payments Bank Limited (Formerly known as FINO Fintech Limited) |
Wholly owned Subsidiary |
75 |
|
FINO Financial Services Private Limited |
Wholly owned Subsidiary |
100 |
|
S. No. |
Shareholders’ Name |
No. of Shares |
% of total Shares of the company |
|
1 |
Bharat Petroleum Corporation Limited |
27,991,070 |
26.81 |
|
2 |
ICICI Prudential Life Insurance Company Limited |
10,833,198 |
10.38 |
|
3 |
ICICI Bank Limited | 9,485,140 |
9.09 |
|
4 |
Blackstone GPV Capital Partners (Mauritius) | 7,183,536 |
6.88 |
|
5 |
HAV 3 Holdings (Mauritius) Limited | 7,130,737 |
6.83 |
|
6 |
ICICI Lombard General Insurance Company Limited |
5,984,658 |
5.73 |
|
7 |
International Finance Corporation | 6,282,138 |
6.02 |
|
8 |
Others |
3,60,05,773 |
28.26 |
|
|
Total |
12,74,08,963 |
100 |
