India1 Payments IPO description – The company (formerly BTI Payments) is promoted by The Banktech Group PTY LTD & BTI Payments Singapore PTE LTD and was incorporated in the year 2006 and subsequently invested by India Advantage Fund S3 I, a fund managed by ICICI Venture Funds Management Company Limited in 2013. India1 Payments developed a strong local expertise in the POS industry before steadily expanding into ATM deployment and managed services and subsequently emerged as a leading White Label ATM operator.
It has its headquartered in Bangalore and had 8,520 ATMs across 14 states and union territories as of 30 June 2021, under india1ATM brand. It is the second largest Semi Urban and Rural (SURU) ATM brand and the largest independent non-bank ATM operator in India. After successfully establishing the ATM business it launched the micro ATM business. it is currently piloting the use of micro-ATMs with 1,161 active units deployed in 6 states as of 15 August 2021.
In Fiscal 2021 and the three months ended 30 June 2021, the gross transaction value (GTV) of cash transactions from its ATMs were INR439,745.2 million and INR136,392.4 million, respectively, and processed 257.55 million and 71.82 million transactions, respectively. Its ATM business is focused on semi urban regions (population between 10,000 and 100,000) and rural regions (population under 10,000) in India, where 7,619 ATMs (89.42% of its total ATMs) were located as of 30 June 2021.
Promoters of India1 Payments – David Scott Glen, The Banktech Group and BTI Payments Singapore
India1 Payments IPO Details
| Subscription Dates | Coming soon |
| Price Band | Coming soon |
| Fresh issue | INR 150 crore |
| Offer For Sale | 10,305,180 shares |
| Total IPO size | Coming soon |
| Minimum bid (lot size) | Coming soon |
| Face Value | INR 5 per share |
| Retail Allocation | 10% |
| Listing On | NSE, BSE |
India1 Payments’ Financial Performance
| FY2019 | FY2020 | FY2021 | |
| Revenue | 235.0 | 266.2 | 327.1 |
| Expenses | 264.3 | 274.8 | 324.9 |
| Net income | (24.4) | (6.1) | 3.3 |
| Margin (%) | (10.4) | (2.3) | 1.0 |
India1 Payments IPO News
- India1 Payments RHP
- India1 Payments DRHP
India1 Payments Limited Valuations & Margins
| FY2019 | FY2020 | FY2021 | |
| EPS | (13.07) | (3.17) | 1.12 |
| PE ratio | – | – | – |
| RONW (%) | (48.79) | (3.95) | (1.70) |
| ROCE (%) | |||
| EBITDA (%) | 37.43 | 41.84 | 44.49 |
| Debt/Equity | 4.66 | ||
| NAV | – | – | 106.13 |
India1 Payments IPO GMP Daily Trend
| Date | India1 Payments IPO GMP | Kostak | Subject to Sauda |
India1 Payments IPO Subscription – Live Updates
| Category | Shares Offered | Day 1 | Day 2 | Day 3 |
| QIB | ||||
| NII | ||||
| Retail | ||||
| Total |
India1 Payments IPO Reviews – Subscribe or Avoid?
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India1 Payments Offer Registrar
Link Intime India Private Limited
C-101, 1st Floor,
247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083
Maharashtra, India
Phone: +91 22 4918 6200
Email: [email protected]
Website: www.linkintime.co.in
India1 Payments Contact Details
India1 Payments Limited
Units No. 801 to 810, 8th Floor, Tower “B”,
Diamond District, # 150,
Old Airport Road, Bengaluru,
Karnataka, India – 560 008
Phone: 080 4357 4400, 080 4357 4509
E-mail:[email protected]
Website: www.india1payments.in
India1 Payments IPO Allotment Status
India1 Payments IPO allotment will be available on Link Intime’s website. Click on this link to get allotment status.
India1 Payments IPO Timetable
| IPO Opening Date | Coming soon |
| IPO Closing Date | Coming soon |
| Finalisation of Basis of Allotment | Coming soon |
| Initiation of refunds | Coming soon |
| Transfer of shares to demat accounts | Coming soon |
| Listing Date | Coming soon |
| Opening Price on NSE | Coming soon |
| Closing Price on NSE | Coming soon |
India1 Payments IPO FAQs
The investors’ portion for QIB – 75%, NII – 15%, and Retail – 10%.
The best way to apply in India1 Payments Public Offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit the same to your broker.
The IPO GMP today is INR NA per share.
The IPO kostak rate today is INR NA per application.
India1 Payments Subject to Sauda rate today is INR NA per application.
