Fino Paytech Limited Unlisted Share

Overview

Fino Paytech, the parent company of Fino payment bank was founded on July 13, 2006, and is headquartered in Mumbai. The Company is a business and banking technology platform combined with an extensive services delivery channel. They enable seamless end-to-end customer sourcing and servicing as an alternate banking channel. The company’s vision is to fulfill the financial service needs of all its customers, becoming the universally preferred choice. Fino Paytech is an institutional investor-driven company that is owned by both international and Indian investors. The company has come to light as an innovator, thought leader and implementer of technology solutions for institutions like micro-finance institutions, government entities, banks and insurance companies.

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Fino Paytech Limited FAQ's

Yes trading in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market through various platforms like www.pmsnstocks.com.

No, SEBI does not regulate the unlisted share market but certain rules and regulations of SEBI are applicable in the unlisted market space as well, such as, the DP charges for each transaction, stamp duty, lock-in period and more.

Over the years the minimum ticket size for investment has dropped as more and more people have started investing in the Unlisted market. Currently, the minimum ticket size for Fino Paytech Limited is between 30K to 50K.

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