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India1 Payments Company Details
India1 Payments is the largest independent non-bank ATM operator (referred to as a white label ATM operator) in India, based on the number of ATM transactions in Fiscal 2021 and installed base as of March 31, 2021.As of June 30, 2021, it operated a network of 8,520 ATMs across 14 states and union territories in India, which it brands as “india1ATM”. White label ATM operators operate under license by the RBI under the Payment & Settlement Systems Act, 2007, and it has been an authorised white label ATM operator since February 12, 2014. In Fiscal 2019, Fiscal 2020, Fiscal 2021 and the three months ended June 30, 2021, the gross transaction value (“GTV”) of cash transactions from its ATMs were Rs 270,78.774 Cr, Rs 310,06.455 Cr, Rs 43974.520 Cr and Rs 136,39.241 Cr, respectively, and processed 18.05 Cr, 20.525 Cr , 25.76 Cr and 7.18 Cr 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
(together the “SURU regions”), where 7,619 ATMs (89.42% of its ATMs) were located as of June 30, 2021.
According to CRISIL Research, the Company was the second largest operator of ATMs in terms of the number of ATMs in the SURU regions as of June 30, 2021.
Its customers are savings and current account holders with a valid debit card of one of the over 100 banks that are members of the National Financial Switch (“NFS”) operated by the National Payments Corporation of India (“NPCI”). A transaction carried out at an ATM of the card issuing bank is called an “on-us” transaction.
By using an india1ATM, its customers can perform different financial transactions such as cash withdrawals, card to card transfers as well as changes to their PINs and requests for account balances, mini-statements and cheque books.
for more information, click : www.india1payments.in

The Promoters of India1 Payments
David Scott Glen , The Banktech Group Pty ltd & BTI Payments Singapore Pte Ltd

India1 Payments IPO Main Objects
The Company proposes to utilise the net proceeds of the IPO for
1. Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company;
2. Funding capital expenditure requirements of theCompany for setting up of ATMs

India1 Payments IPO Details
IPO opens on ?, 2021
IPO closes on ?,2021
Issue Type: Book Built Issue IPO
Issue : up to ? Shares /Rs ? Crore
* Fresh Issue of ? Sh/ Rs. 150 Cr
* Offer for Sale Up to 10,305,180 Sh/ Rs. (?) Cr

Face Value per share : Rs. 5

India1 Payments IPO Price Band Per Equity Share: Rs. (?)
India1 Payments IPO Retail Lot Size (?) Shares
India1 Payments Listing will at BSE,NSE

Shares offered to
QIB (?%) ?Shares = Rs (?) Cr
NII (?%) ?Shares = Rs (?) Crs
RII (?%) ? Shares = Rs (?) Crs
Lot size: (?) Shares = (?) Forms
Min Retail Application : (?) Sh , Rs. (?)
Max Retail Application : (?) Sh, Rs (?)

India1 Payments IPO Tentative timeTable
India1 Payments IPO Allotment on
Unblocking of ASBA
Credit to Demat Accounts
Data Patterns Listing on

India1 Payments IPO Financial Analysis Ratios 
Earnings per Share 2019-20 Rs (3.17)
Earnings per Share 2020-21,Rs 1.80
Earnings per Share 2021-22 6M Rs ?
Book Value of the Share as on 31.3.2021 Rs 106.13
Return on Net Worth: 19-20 (3.95) %
Return on Net Worth: 20-21: 1.70 %
Return on Net Worth: 20-21 6M: ? %
Upper Price Band/last EPS:
Upper offer price/Book Value Ratio:
Equity Shares prior to the IPO : 32,428,310 Shares

India1 Payments IPO Peer Comparison:
There are no listed companies in India whose business portfolio is comparable with that of its business and
comparable to its scale of operations.

India1 Payments IPO Lead Managers 
J M Financial,Edelwiess Financial Services, IIFL financial Services,

Registrar to India1 Payments IPO
Linkintime India pvt ltd

Registered Office of India1 Payments
Units No. 801 to 810, 8th Floor, Tower “B”, Diamond District, # 150, Old Airport Road, Bengaluru, Karnataka, India
Company Secretary and Compliance Officer : Mohit Nagar

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