
Financial Services · NSE
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.
Price Band
₹98 – ₹105
Issue Size
₹70.81 Cr
Lot Size
1200 shares
GMP
+84.8%
Est. Listing
₹194
at current GMP
Subscribed
221.58x
overall
Open
22 Jul 2024
Close
24 Jul 2024
Allotment
25 Jul 2024
Refund
26 Jul 2024
Demat Credit
27 Jul 2024
Listing
29 Jul 2024