Airtel Payments Bank Unlisted Share
Airtel Payments Bank Ltd
INE360U01018
Listing Status: DRHP Not Filed
About Airtel Payments Bank Unlisted Share
Overview of Airtel Payments Bank Unlisted Share
Snapshot
Airtel Payments Bank is a subsidiary of Bharti Airtel, one of India's largest telecom companies. It was launched in 2017 and was the first payments bank to go live in India after the Reserve Bank of India (RBI) introduced the concept of payments banks in 2014. It aims to drive financial inclusion by providing accessible banking services such as savings accounts, fixed deposits, payments, and remittances, to the unbanked and underbanked population of the country. With its extensive network, leveraging Airtel's vast telecom infrastructure, the bank offers digital and traditional banking services to millions of customers across India. It is the fastest-growing digital bank in the country and ranked number six in mobile banking.
Services
1. Savings and Current Accounts:
- Digital Savings Account: Customers can open an account with a zero minimum balance requirement, offering interest on deposits and easy access to their funds via the Airtel Thanks app.
- Rewards123 Savings Account: A premium savings account offering benefits like higher interest rates, cashbacks on transactions, and other rewards.
2. Money Transfer and Payments:
- Instant Money Transfer: Facilitates quick and easy transfers to any bank account across India.
- Utility Bill Payments: Customers can pay utility bills, recharge mobile phones, and pay for other services through the Airtel Thanks app or at designated outlets.
- Merchant Payments: Enables digital payments at a wide network of merchant partners through QR codes, UPI, and other digital methods.
3. Insurance and Financial Products:
- Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY): Provides life insurance coverage at affordable premiums.
- Pradhan Mantri Suraksha Bima Yojana (PMSBY): Offers accidental insurance coverage.
- Fixed Deposits: In partnership with financial institutions, Airtel Payments Bank offers fixed deposit options with attractive interest rates.
4. Airtel Safe Pay:
- A unique security feature that ensures additional protection for UPI and net banking transactions, making digital payments more secure.
5. Airtel Money Wallet:
- A digital wallet that allows users to store money and make quick payments for a variety of services, both online and offline.
Digital Initiatives
Smart Watch Launch: On March 19th, 2024, Airtel Payments Bank made its debut in the smartwatch market with the launch of its first-ever wearable device. This strategic move marks the bank's entry into the rapidly growing smartwatch segment. It is developed in collaboration with Noise and Mastercard and features NFC technology, enabling users to make contactless payments of up to Rs. 25,000 per day.
Awards and Recognitions
1. Digital Bank of the Year and Innovative Product of the Year by India Banking Summit & Awards 2023.
2. Named in the top 20 organizations in The Employers of the Future 2024 study conducted by Leadup Universe in collaboration with Outlook Business and Kantar.
3. Awarded for Finance and Digital Payments Excellence in the Business Growth category at ASSOCHAM Awards 2024.
Management
Anubrata Biswas: CEO and MD
- Electrical Engineering Graduate from Jadavpur University and an MBA from IIM Ahmedabad.
- Extensive 13 years+ experience working in the banking sector at ICICI Bank.
Anuj Bansal: CFO
- BCom Graduate from SRCC, Delhi and holds a CA degree
- 24 years of experience in transforming and leading organisations in the insurance and finance industry
Insights of Airtel Payments Bank Unlisted Share
Financials
All figures in crores
Particulars |
FY 24 |
FY 23 |
Revenue |
18244 |
12781 |
EBITDA |
2172 |
1090 |
PAT |
355 |
226 |
1. Airtel Payments Bank has reported a significant year-over-year revenue growth of 42.7%, increasing from ₹12,781 crores in FY23 to ₹18,244 crores in FY24. This robust growth reflects the bank's expanding customer base and increased adoption of its digital banking services.
2. The bank's EBITDA more than doubled, rising from ₹1,090 crores in FY23 to ₹2,172 crores in FY24, a growth of almost 100%.
3. The bank's PAT grew by 57% showcasing enhanced profitability driven by higher revenues.
Industry Overview
1. Indian Payment Gateway Market Growth: The Indian payment gateway has been growing at a compound annual growth rate (CAGR) of 15% from 2020 to 2025.
2. Global Digital Payment Market Size: The global digital payment market was valued at USD 96.07 billion in 2023 and is expected to grow at a CAGR of 21.1% from 2024 to 2030.
3. Increased Internet Penetration: Rising internet penetration and awareness of online transactions are driving the growth of payment gateways in India.
4. Shift to Online Payments: Consumers' preference for hassle-free online transactions is contributing to the rapid adoption and expansion of the payment gateway market.
5. Global Digital Payment Adoption: By the end of 2021, over two-thirds of adults worldwide were engaged in digital payments, a trend expected to continue growing.
6. Drivers of Global Digital Payment Growth: The global surge in digital payments is fueled by the increased use of smartphones, better internet accessibility, pandemic-induced cashless transactions, and supportive government policies.
Swot Analysis
Strengths
1. Extensive telecom infrastructure leverage
2. Strong parent company backing (Bharti Airtel)
3. Robust digital payment solutions (e.g., Airtel Safe Pay)
4. Wide network of retail and online touchpoints
Weaknesses
1. Limited to existing Airtel customers for certain services
2. Dependency on technology partners for some services
3. Lower market penetration compared to traditional banks
4. Regulatory challenges and compliance costs
Opportunities
1. Expanding digital financial services market
2. Increasing financial inclusion in rural areas
3. Growth in contactless payment adoption
4. Potential for partnerships with fintech and e-commerce platforms
Threats
1. Intense competition from other digital banks and fintech firms
2. Cybersecurity risks and data privacy concerns
3. Regulatory changes impacting operations
4. Economic fluctuations affecting consumer spending
Recent News
Airtel Payments Bank announced its consolidated results for the first quarter ended on 30 June 2024. In a significant milestone, for the first time, the Bank’s quarterly revenue grew to ₹610 crore, up by 52% YoY. The Bank’s net profits stood at ₹7.2 crore, up by 41% YoY. The Bank’s Monthly Transacting Users (MTU) exceeded 88 million giving a boost to customer deposits, which grew by 53% YoY to ₹2,943 crore.
Financial Charts of Airtel Payments Bank Unlisted Share
Balance Sheet of Airtel Payments Bank Unlisted Share
Profit and Loss of Airtel Payments Bank Unlisted Share
Ancillary of Airtel Payments Bank Unlisted Share
Ratio Analysis
Peers
Industry Benchmarking
Segment Revenue
Subsidaries
Security Allotment
Corporate Governance
Team Management Details
FAQs of Airtel Payments Bank Unlisted Share
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How to buy Airtel Payments Bank Ltd?
Below are three ways through which you can purchase Airtel Payments Bank Ltd:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to buy Airtel Payments Bank Ltd, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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How to sell Airtel Payments Bank Ltd?
Below are three ways through which you can sell Airtel Payments Bank Ltd:
- We at Altius Investech have many actively traded scripts and are market makers of unlisted shares. To check out all the unlisted shares traded. (Click on link). To submit a request to sell Airtel Payments Bank Ltd, please click on the trade button at the top of this page
- Additionally, you can download our app from your play store or app store, register on our application, and engage in active trading there.
Download the Altius App here https://onelink.to/hf4m72 - You can also reach out to us at : +91 8240614850 / +91 8240861716
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What is the price of Airtel Payments Bank Ltd?
We provide a two way quote on all the shares we deal in. Your buy price for Airtel Payments Bank Ltd is ₹215 and your sell price for Airtel Payments Bank Ltd is ₹150. The price is based on our estimates and market conditions.
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What is the lock-in period of Airtel Payments Bank Ltd?
The lock-in period for Airtel Payments Bank Ltd varies depending on the category of investors:
- For retail Investors, HNIs, or Body Corporates, the lock-in period is 6 months from the date of the listing of Airtel Payments Bank Ltd
- For Venture Capital Funds or Foreign Venture Capital Investors, there is a lock-in period of 6 months from the date of acquisition of Airtel Payments Bank Ltd
- For AIF-II (Alternative Investment Funds - Category II), there is no lock-in period
August 2021 saw the introduction of this regulation by SEBI. The purpose of the regulation change, which lowered the lock-in period from a year to six months, was to incentivize additional investments in firms getting ready for initial public offerings, or IPOs. Since its introduction, a number of Portfolio Management Services (PMS) have advised their clients to purchase Pre-IPO shares in order to take advantage of the advantages associated with early-stage investments. This reduction in the lock-in period is considered as a significant step forward.
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How is the Airtel Payments Bank Ltd price calculated?
Fundamental & Comparative valuation models and the forces of demand and supply in the market for unlisted shares dictate the price. These prices are based on our estimates and transaction history of Airtel Payments Bank Ltd. The price is also determined from the most recent funding round for Airtel Payments Bank Ltd. This provides us with a benchmark valuation, offering a clear indication of the company's current market value as perceived by investors and industry experts.
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What are the lot sizes of Airtel Payments Bank Ltd?
We can generally arrange lot sizes starting with an investment of INR 20,000. To confirm the lot sizes of Airtel Payments Bank Ltd with us kindly click here.
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What are the financials of Airtel Payments Bank Ltd?
The financials of Airtel Payments Bank Ltd which includes the P/L of Airtel Payments Bank Ltd and the Balance Sheet of Airtel Payments Bank Ltd is in the financials section (Click on link).
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Where can I find the annual report of Airtel Payments Bank Ltd?
The annual report of Airtel Payments Bank Ltd is available in the annual report section (Click on link).
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Is buying Airtel Payments Bank Ltd legal in India?
Yes, buying and selling unlisted shares in India is indeed 100% legal. This activity is regulated and governed under the guidelines provided by the Securities and Exchange Board of India (SEBI). Investors and traders must adhere to these regulations and guidelines to ensure compliance with legal and financial standards. It's important for participants in the unlisted share market to be aware of and understand these regulations to engage in transactions legally and securely.
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Short-term Capital Gain taxes to be paid on Airtel Payments Bank Ltd?
When you sell unlisted shares within a period of two years from the date of acquisition, any profit earned from the sale is classified as Short-term Capital Gain (STCG). This gain is then added to your total income for that financial year. The tax on this short-term capital gain is calculated based on your applicable individual income tax slab rates. Therefore, the rate at which you will pay tax on the STCG from unlisted shares depends on your total income, including this gain, and the tax slab it falls under as per the prevailing income tax laws in India. It's important for investors to consider these tax implications when engaging in transactions involving unlisted shares.
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Long-term Capital Gain taxes to be paid on Airtel Payments Bank Ltd and how are They Taxed?
Long-term Capital Gains (LTCG) on unlisted shares in India refer to the profits earned from the sale of unlisted shares that have been held for more than two years. The key aspects of LTCG on unlisted shares include:
- Tax Rate: LTCG on unlisted shares is taxed at a rate of 20%.
- Indexation Benefit: This is a significant advantage for investors. Indexation allows for adjusting the purchase price of the shares for inflation, which can reduce the taxable gain.
- Importance for Investors: Understanding LTCG is crucial, especially for High Net-worth Individuals (HNIs) and retail investors, as it impacts their investment strategy and tax planning. Knowing these details helps in making informed investment decisions.
- Calculation: LTCG is calculated by subtracting the indexed cost of acquisition (the purchase price adjusted for inflation) from the sale price of the shares. The profit thus calculated is subject to a 20% tax.
- Applicability: LTCG tax is applicable to profits from the sale of unlisted shares held for more than two years.
- Relevance: This tax is particularly relevant to investors in the unlisted share market, including those considering selling their holdings after a period of more than two years.
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Applicability of Taxes on Airtel Payments Bank Ltd once it is listed?
When shares initially bought in the unlisted market become listed, the taxation rules change significantly if these shares are sold through a stock exchange. Here's what investors need to know:
Transition to Listed Market Tax Rates: Once unlisted shares are listed on the stock exchange and subsequently sold, the tax rates applicable to listed securities come into effect. This shift means that the favourable tax treatments for listed shares, as per the prevailing tax laws, will apply.
Taxation Based on Holding Period: The crucial factor in determining the type of capital gains tax (Long-term or Short-term) is the holding period of the shares. Importantly, this period is calculated from the original purchase date when the shares were unlisted.
Long-term vs. Short-term Capital Gains: If the shares are sold after being held for more than one year from the date of purchase (including the period when they were unlisted), they are subject to Long-term Capital Gains (LTCG) tax.
Conversely, if sold within one-year, Short-term Capital Gains (STCG) tax rates apply.
Significance for Investors: This information is vital for investors in the unlisted market, as it impacts their tax planning and decision-making process. Understanding these nuances ensures that investors can strategically plan the sale of their shares post-listing to optimize tax implications.
Advice for Investors: It's advisable for investors to keep a record of their purchase dates and monitor the listing dates closely. Additionally, staying updated with the latest tax regulations or consulting with a financial advisor is recommended for accurate tax calculations and compliance. -
How does Altius Investech source Airtel Payments Bank Ltd?
At Altius Investech, our approach to sourcing Boat Unlisted Share (Imagine Marketing) involves a strategic and direct method. Primarily, we acquire these shares from the below key groups:
Employees of the Company: Employee stock option plans (ESOPs) or other compensation packages frequently include shares for firm employees. For a various reasons, such as including portfolio diversification or financial considerations, some of these employees may eventually choose to sell their shares. We engage with these employees, providing them a platform to sell their shares.
Initial Investors: These are the angel or early-stage investors who provided capital to the business in its early stages. These original investors may look to sell all or part of their ownership position in the company as it develops and flourishes. This might be done for various reasons such as in order to maximise their investment, reallocate resources, or make other calculated financial decisions.
Funding rounds and VC funds: Altius Investech sources the shares from private placement rounds in which private companies seek to obtain capital from the market. Through our platform, venture capital funds can liquidate their shares and we receive the inventory from them when they decide to sell a portion of their ownership through block trades.
By establishing connections with these groups, Altius Investech guarantees our clients a steady and dependable supply of Boat Unlisted Share (Imagine Marketing). This process not only makes it easier for employees and initial investors in liquidating their assets, but it also gives our clients access to shares that aren't often found on the open market. Our platform effectively facilitates a win-win situation for both buyers and sellers. -
How to trust Altius Investech before buying Airtel Payments Bank Ltd from its platform?
Altius Investech stands at being India's fastest growing and leading marketplace for buying and selling unlisted shares. We believe in enabling access to alternative sources of investments at lower entry barriers to private equity investments.
With more than 25 years of experience, Altius Investech has carved a niche in the financial market by serving more than 8000 clients. The incredible journey is further highlighted by the vast number of transactions that Altius Investech has facilitated transactions that have already exceeded 300 crores.
For investors Altius Investech curates investment opportunities in companies at reasonable valuations which are on the verge of an IPO leading to massive value unlocking. Investments are backed by thorough research and sound investment thesis, with a time bound exit plan.
For ESOP Shareholder and existing Investors, we assist them to liquidate their shares even if they are not publicly traded by creating a platform where we find the right buyers and sellers for the best prices.
Altius Investech have been featured in top media news outlets like Economic Times, Financial Express, Money control. Check out about us on these - leading publications (Click on link) Our journey over these years has not just been about numbers; it's been about building trust and reliability.
We at Altius Investech are dedicated to upholding the greatest levels of ethics and transparency, making sure that your investment experience is not only profitable but also safe and reliable.
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