KFin Technologies Limited
Mainboard₹14,640 / 40 Shares
KFin Technologies Limited IPO Details
The KFin Technologies Limited IPO price band is set between ₹347-366 per equity share, with a face value of ₹10 per share. The issue is managed by Bigshare Services Pvt Ltd, and the equity shares are proposed to be listed on the Mainboard.
The IPO date for subscription opens on 19 Dec, 2022 and closes on 21 Dec, 2022. Investors can check the allotment status on 26 Dec, 2022, while the listing date is tentatively scheduled for 29 Dec, 2022.
The total issue size is Offer for Sale : 40,983,607 shares of ₹10, aggregating up to ₹1,500.00 Cr. Stay tuned for the latest KFin Technologies Limited IPO review and GMP updates.
KFin Technologies Limited IPO Review, Rating & Analysis
KFin Technologies Limited IPO Review
NO REVIEWKFin Technologies Limited IPO Rating
KFin Technologies Limited IPO Highlights
IPO Date
Dec 19, 2022 - Dec 21, 2022
Listing Date
29 Dec, 2022
Face Value
₹10 Per Equity Share
Price Band
₹347-366 per equity share
Lot Size
40 Shares
Fresh Issue
Shares
Offer for Sale
-
Listing At
BSE, NSE
KFin Technologies Limited IPO Lot Size
The minimum market lot for KFin Technologies Limited IPO is 40 shares with an application amount of ₹14,640. Retail investors can apply for up to 13 lots. The table below details the minimum and maximum investment limits for Retail and HNI investors.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 40 | ₹14,640 |
| Retail (Max) | 13 | 520 | ₹1,90,320 |
| S-HNI (Min) | 14 | 560 | ₹2,04,960 |
| S-HNI (Max) | 68 | 2720 | ₹9,95,520 |
| B-HNI (Min) | 69 | 2760 | ₹10,10,160 |
KFin Technologies Limited IPO Timeline
Issue Price
₹347-366 per equity shareFace Value
₹10 Per Equity ShareListing at Group
BSE, NSERegistrar
Bigshare Services Pvt LtdLead Manager
ICICI Securities Limited,Kotak Mahindra Capital Company Limited ,J.P. Morgan India Private Limited ,IIFL Securities Ltd,Jefferies India Private LimitedIssue Size
Offer for Sale : 40,983,607 shares of ₹10(aggregating up to ₹1,500.00 Cr)KFin Technologies Limited IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31 Mar 22 | 1026.41 | 645.56 | 148.55 | - | - | - |
| 31 Mar 21 | 922.61 | 486.2 | -64.51 | - | - | - |
| 31 Mar 20 | 868.38 | 455.26 | 4.52 | - | - | - |
| 31 Mar 19 | 1021.78 | 164.76 | 8.96 | - | - | - |
All values are in ₹ Cr.
Promoters & Share Holding
Promoter(s) Name
- General Atlantic Singapore Fund Pte. Ltd.
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| 74.37% | 49.91% |
About Company
Incorporated in 2017, KFin Technologies Limited is a leading technology-driven financial services platform. The company provides services and solutions to asset managers and corporate issuers across asset classes in India and provides several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines and Hong Kong.
As on January 31, 2022, the company is India's largest investor solutions provider to Indian mutual funds, based on several AMC clients serviced. The company is also servicing 270 funds of 157 asset managers in India as on January 31, 2022.
As on January 31, 2022, KFin Technologies Limited is the only investor and issuer solutions provider in India that offers services to asset managers such as mutual funds, alternative investment funds (AIFs), wealth managers and pension as well as corporate issuers in India.
KFin Technologies Limited is one of the two operating central record-keeping agencies (CRAs) for the National Pension System (NPS) in India as on January 31, 2022.
KFin Technologies Limited is India's largest issuer solutions provider based on several clients serviced, as of January 31, 2022.
KFin Technologies Limited IPO Subscription Details
| As on | QIB | NII bNII sNII | Retail | Total |
|---|---|---|---|---|
| Shares Offered / Reserved | 12,968,300 | 6,484,149 4,322,766 2,161,383 | 4,322,766 | 23,775,215 |
Day 1 -19-12-22 05:00 PM | 0.91 x | 0.01 0.00 x 0.03 x | 0.26 x | 0.55 x |
Day 2 -20-12-22 05:00 PM | 1.02 x | 0.03 0.01 x 0.08 x | 0.74 x | 0.70 x |
Day 3 -21-12-22 05:00 PM | 4.17 x | 0.23 0.25 x 0.20 x | 1.36 x | 2.59 x |
Frequently Asked Questions about KFin Technologies Limited IPO
When will KFin Technologies Limited IPO open for subscription?
The KFin Technologies Limited IPO opens on 19 Dec, 2022 and closes on 21 Dec, 2022.
What is the investors portion for KFin Technologies Limited IPO?
The investors' portion for QIB is 4.17 x, NII is 0.25 x, and Retail is 1.36 x.
How to apply for KFin Technologies Limited IPO?
You can apply for KFin Technologies Limited IPO via ASBA online through your bank account. You can also apply via UPI through stock brokers like Zerodha, Upstox, or Paytm Money.
What is the issue size of KFin Technologies Limited IPO?
The issue size of KFin Technologies Limited IPO is approx ₹Offer for Sale : 40,983,607 shares of ₹10(aggregating up to ₹1,500.00 Cr) crores.
What is the price band of KFin Technologies Limited IPO?
The price band for KFin Technologies Limited IPO is ₹347 to ₹366 per equity share.
What is the lot size of KFin Technologies Limited IPO?
The minimum bid (lot size) for KFin Technologies Limited IPO is N/A shares with an investment of approx ₹14,640 .
What is the allotment date of KFin Technologies Limited IPO?
The allotment date for KFin Technologies Limited IPO is 26 Dec, 2022.
What is the listing date of KFin Technologies Limited IPO?
The listing date for KFin Technologies Limited IPO is expected to be 29 Dec, 2022.
What is the GMP of KFin Technologies Limited IPO?
The latest Grey Market Premium (GMP) for KFin Technologies Limited IPO is being updated regularly on IPOROCK.
Parth D.
Founder & Lead Analyst
Parth D. is a software engineer and financial analyst who brings a quantitative edge to IPO tracking. With deep expertise in algorithmic trading and financial tool development, he builds the technology that powers IPORock's real-time data engines. He has been tracking the Indian market since 2018.