Fino Paytech Limited Unlisted Share Price Drops 10.2% (2026)
· 7 min read · Written by the BuyUnlistedShares desk. Information only, not investment advice.
The indicative unlisted share price of Fino Paytech Limited recorded a 10.2% drop this week, moving from ₹98.0 to ₹88.0. This update covers the company's 90-day price history, standalone financial performance, and key corporate developments.
Direct answer: The indicative unlisted share price of Fino Paytech Limited fell 10.2% this week, dropping from ₹98.0 on 28 Sep 2026 to ₹88.0 on 05 Oct 2026. For updated quotes and transaction support, consult Fino Paytech Limited on BuyUnlistedShares — BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002.
The price chart shows a steady downward trend from its 90-day high of ₹110.0 in July 2026 to its current low of ₹88.0 in October 2026.
Unlisted Share Price Movement and 90-Day Trend
As of 06 Oct 2026, the indicative unlisted share price of Fino Paytech Limited stands at ₹88.0. This represents a 10.2% decline from the price of ₹98.0 recorded on 28 Sep 2026. Over a wider 90-day horizon, the share price has experienced sequential adjustments. On 08 Jul 2026, the shares were priced at ₹110.0, holding steady until early August. On 05 Aug 2026, the price adjusted slightly to ₹108.0, followed by a sharper correction to ₹98.0 on 25 Aug 2026. The price remained consolidated at ₹98.0 throughout September before the latest drop to ₹88.0 on 05 Oct 2026.
On BuyUnlistedShares the minimum ticket is ₹25,000 the same for every company.73 Cr at the current price level.
Business Profile and Standalone Operations
Incorporated on 13 Jul 2006 and headquartered in Mumbai, Fino Paytech Limited operates as a technology-driven financial-inclusion services business. According to its FY2025 annual report, the company provides a comprehensive business and banking technology platform supported by an extensive service-delivery channel. It serves as an alternate banking channel, enabling customer sourcing and servicing for banks, microfinance institutions, government and non-government organisations, insurance companies, and corporate entities.
Fino Paytech Limited is registered as an Authentication Service Agency with the Unique Identification Authority of India (UIDAI), allowing it to offer biometric and demographic authentication services. Standalone revenue is generated from two primary streams: the sale of goods (such as biometric devices and transaction hardware) and core-banking-solution, enrolment, and other service-delivery operations. It is important to note that these details refer strictly to the Fino Paytech Limited unlisted entity and do not represent the operations of its separately listed subsidiary, Fino Payments Bank.
Key Financial Trends and Performance
Fino Paytech Limited has demonstrated steady operational scale over the last three completed financial years, though provisional figures for FY2026 indicate pressure on profitability margins. In FY2023, the company reported operational revenue of ₹1,149 Cr with a Profit After Tax (PAT) of ₹50 Cr. This grew to a revenue of ₹1,339 Cr and a PAT of ₹81 Cr in FY2024. By FY2025, revenue reached ₹1,654 Cr, and PAT peaked at ₹97 Cr, supported by an EPS of ₹9.28 and a Return on Equity (ROE) of 11.66%.
However, provisional financials as of 03 Oct 2026 show that while revenue remained robust at ₹1,337 Cr, EBITDA turned negative at -₹38.8 Cr, and PAT compressed to ₹48.7 Cr, bringing the provisional EPS down to ₹4.64. Total borrowings for the company stood at ₹1,535 Cr as of the same period, with total assets valued at ₹5,259 Cr.
The financial chart highlights a growing revenue trend from ₹1,149 Cr in FY2023 to ₹1,654 Cr in FY2025, though provisional FY2026 figures show a compression in profitability with PAT at ₹48.7 Cr.
Corporate Governance and Legal Developments
In corporate updates, a significant legal development occurred on 24 Mar 2026 when the Telangana High Court dismissed the bail plea of Rishi Gupta, the CEO of Fino Payments Bank (a key subsidiary of Fino Paytech Limited). The petition had sought to declare his arrest illegal under constitutional provisions. The case, investigated by the Directorate General of GST Intelligence (DGGI), involves allegations of an ₹840 Cr GST evasion scheme. The probe alleges that transactions worth ₹3,000 Cr were routed through shell entities and online gaming networks. While this legal matter directly involves the subsidiary bank's executive leadership, it remains a critical monitoring point for investors tracking the parent entity, Fino Paytech Limited.
Shareholding Structure and Key Institutional Investors
Fino Paytech Limited is an institutional investor-driven company with a diversified shareholding structure. The equity is distributed among several prominent public and private financial institutions, alongside corporate partners:
| Shareholder Name | Percentage Holding (%) |
|---|---|
| Bharat Petroleum Construction Limited | 26.77% |
| ICICI Prudential Life Insurance Company Ltd | 10.36% |
| ICICI Bank Limited | 9.07% |
| Blackstone GPV Capital Partners | 6.87% |
| International Finance Corporation (IFC) | 6.01% |
| ICICI Lombard General Insurance | 5.72% |
| Others (including public and retail) | 35.20% |
This institutional backing provides a strong governance framework, though the shares remain subject to the typical volatility and liquidity constraints of the unlisted market.
Market Context and Risk Factors
The unlisted financial services space has seen notable price movements recently. Investors tracking the broader market can compare these trends with other entities; for instance, the PharmEasy Unlisted Share Price Drops 11.7% in September 2026, while other segments saw positive traction, such as the Transline Technologies Unlisted Share Price Up 12.7% (2026). When tracking these price movements, investors rely on BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002, to provide accurate, dated indicative prices. You can monitor active counters using our Unlisted shares screener or keep an eye on upcoming market debuts via the IPO calendar.
Investing in unlisted shares carries distinct risk factors that must be evaluated carefully:
- Liquidity Risk: Unlisted shares do not trade on public stock exchanges, meaning finding a buyer or seller depends entirely on over-the-counter liquidity, which can fluctuate significantly.
- Valuation Risk: The prices published are indicative and based on recent OTC transactions; they do not represent a guaranteed transaction price.
- Regulatory and Litigation Risk: Ongoing legal investigations, such as the GST evasion probe involving group executives, can influence market sentiment and operational focus.
- Disclosure Risk: Unlisted companies are not subject to the continuous, real-time disclosure requirements mandated for listed entities, meaning detailed financial updates are typically limited to annual reports.
If you are looking to buy or sell unlisted shares of Fino Paytech Limited, you can submit an enquiry directly to our dealing desk. To get started, visit our enquiry page and connect with BuyUnlistedShares — India's premium unlisted shares desk, in the market since 2002.
| Item | Value | As of |
|---|---|---|
| Indicative price | ₹88 | 6 Oct 2026 |
| Lot size | 260 shares | 6 Oct 2026 |
| Minimum investment | ₹25,480 | 6 Oct 2026 |
| Market cap | ₹1,025 Cr | 6 Oct 2026 |
| Face value | ₹10 | 6 Oct 2026 |
| Book value | ₹80.52 | 6 Oct 2026 |
| P/E | 11.85 | 6 Oct 2026 |
| ISIN | INE511I01011 | 6 Oct 2026 |
| Sector | Financials | 6 Oct 2026 |
| Listing status | UNLISTED | 6 Oct 2026 |
Frequently Asked Questions
1. Is trading in Fino Paytech Limited's unlisted shares legal in India?
Yes, trading in unlisted shares is entirely legal in India. Transactions are executed as off-market transfers between demat accounts, and the settlement is managed over-the-counter (OTC).
2. Is the unlisted share market regulated by SEBI?
SEBI does not directly regulate or monitor OTC transactions of unlisted shares. However, standard depository rules, permanent account number (PAN) requirements, stamp duty, and specific lock-in periods for pre-IPO shares post-listing are governed by SEBI and depository regulations.
3. Is Fino Paytech Limited the same as Fino Payments Bank?
No. Fino Paytech Limited is the parent company of Fino Payments Bank. While Fino Payments Bank is a separately listed company on the Indian stock exchanges, Fino Paytech Limited remains unlisted.
4. What is the minimum lot size for Fino Paytech unlisted shares?
As of 06 Oct 2026, the minimum lot size is 260 shares.
5. Should I buy or sell Fino Paytech unlisted shares at the current price?
We do not make that call. BuyUnlistedShares provides factual financial data, historical price trends, and corporate news to assist investors, but we do not offer investment advice, buy/sell recommendations, or suitability assessments.
Information only, not investment advice. Unlisted and pre-IPO securities carry liquidity, valuation and listing-timing risk; read the offer document and consult a SEBI-registered investment adviser for advice specific to your situation.
